Key West Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Key West averaged 6% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

The average rate for the prior week (2023-05-18) was 6.02% and one month ago for the week of 2023-04-20, the average rate was 5.82%.

Key West's average rate one year ago was 4.78%.

For refis of the same type during the week of 2023-05-25, the average rate was 5.49%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-05-25 6.57%
Key West 30 Year Fixed Rate 2023-05-25 6%
Key West 30 Year Fixed Rate Refi 2023-05-25 5.49%
Key West 15 Year Fixed Rate 2023-05-25 5.87%
Key West 15 Year Fixed Rate Refi 2023-05-25 5.87%
Key West 30 Year FHA 2023-05-25 6.71%
Key West 30 Year FHA Refi 2023-05-25 6.41%
Key West 30 Year USDA 2023-05-25 6.53%
Key West 30 Year USDA Refi 2023-05-25 6.53%
Key West 30 Year VA 2023-05-25 5.36%
Key West 30 Year VA Refi 2023-05-25 6.21%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Key West, FL.

Key West Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Key West, FL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
First Horizon Bank 178 4.12% $9,111
UNITED WHOLESALE MORTGAGE, LLC 170 4.80% $14,233
QUICKEN LOANS, LLC 79 4.68% $11,496
CROSSCOUNTRY MORTGAGE, LLC 33 4.65% $13,308
ANGEL OAK MORTGAGE SOLUTIONS LLC 31 5.71% $22,156
JPMorgan Chase Bank 31 4.29% $12,634
Wells Fargo Bank 28 4.16% $6,736
Truist 27 4.37% $8,864
LOANDEPOT.COM, LLC 27 4.42% $10,460
U.S. Bank 26 3.94% $9,204
CALIBER HOME LOANS, INC. 26 4.64% $12,456
South State Bank 25 5.01% $7,564
Centennial Bank 25 4.61% $8,028
NEXERA HOLDING LLC 24 6.64% $20,301
City National Bank of Florida 23 4.12% $17,093
FINANCE OF AMERICA MORTGAGE LLC 21 4.71% $15,867
Flagstar Bank, FSB 20 4.62% $7,682
AXIA FINANCIAL, LLC 19 4.52% $9,977
AMERISAVE MORTGAGE CORPORATION 18 3.94% $15,436
Morgan Stanley Private Bank 18 3.57% $6,139
Bank of America 17 3.26% $10,184
TD Bank 16 3.88% $12,362
Regions Bank 15 4.23% $10,745
EVERETT FINANCIAL, INC. 15 5.05% $4,736
PNC Bank 13 3.74% $12,894
Paramount Residential Mortgage Group, Inc. 12 5.25% $20,098
HOME POINT FINANCIAL CORPORATION 12 4.53% $14,254
PENNYMAC LOAN SERVICES, LLC 12 3.90% $9,267
Mr. Cooper ( Nationstar Mortgage ) 11 3.79% $9,461
UBS Bank USA 11 2.99% $11,180
First Republic Bank 10 3.56% $8,473
A&D Mortgage LLC 10 6.26% $31,237
Charles Schwab Bank, SSB 8 3.34% $7,452
Citibank 7 3.52% $8,077
Citizens Bank 7 3.93% $19,450
PLAZA HOME MORTGAGE, INC. 7 5.09% $20,683
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 5.44% $16,935
ITHINK FINANCIAL Credit Union 7 4.55% $16,274
AMCAP MORTGAGE, LTD. 6 5.06% $15,010
NFM, INC. 6 5.38% $17,391
BROKER SOLUTIONS, INC. 6 4.19% $6,850
ARC HOME LLC 6 6.44% $20,309
EMM LOANS LLC 6 4.50% $11,049
CARDINAL FINANCIAL 6 3.60% $15,576
Northpointe Bank 5 4.10% $11,981
NAVY FEDERAL CREDIT UNION 5 3.65% $6,243
LAKEVIEW LOAN SERVICING, LLC 5 4.25% $7,922
Plains Commerce Bank 5 4.98% $11,833
PLANET HOME LENDING, LLC 5 4.58% $16,508
Quontic Bank 5 7.28% $16,645
Raymond James Bank 5 3.35% $15,074
READY MORTGAGE LENDERS, LLC 5 6.27% $12,046
Sierra Pacific Mortgage Company, Inc. 5 5.55% $15,677
UNION HOME MORTGAGE CORP. 5 4.18% $11,385
DEEPHAVEN MORTGAGE LLC 5 5.85% $26,179
KeyBank 5 3.70% $8,791
Sandy Spring Bank 4 3.90% $7,468
Popular Bank 4 3.50% $15,692
Shamrock Home Loans, Inc. 4 4.78% $5,861
1ST FINANCIAL, INC. 4 5.15% $17,447
FREEDOM MORTGAGE CORPORATION 4 3.53% $4,898
NEWREZ LLC 4 4.47% $7,752
Valley National Bank 4 4.19% $9,314
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 4.22% $13,021
BETTER MORTGAGE CORPORATION 4 4.19% $7,833
NATIONWIDE MORTGAGE BANKERS, INC. 4 5.41% $15,765
PHH Mortgage Corporation 4 4.09% $10,666
AMERICAN PORTFOLIO MORTGAGE CORPORATION 3 6.29% $19,561
PENTAGON FEDERAL CREDIT UNION 3 3.83% $9,057
Ally Bank 3 3.16% $5,860
First National Bank of Pennsylvania 3 4.08% $6,671
Fifth Third Bank 3 3.50% $10,644
OAKTREE FUNDING CORP. 3 8.29% $15,855
Ameris Bank 3 4.54% $7,239
Citadel Servicing Corporation 3 6.29% $13,497
FBC MORTGAGE, LLC 3 4.21% $6,890
NETWORK CAPITAL FUNDING CORPORATION 3 4.46% $10,738
Strong Home Mortgage, LLC 3 3.41% $3,523
SWBC MORTGAGE CORPORATION 3 4.83% $5,197
T2 FINANCIAL LLC 3 4.00% $19,935
Goldman Sachs Bank USA 3 3.25% $10,244
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.75% $5,110
COLUMBUS CAPITAL LENDING, LLC 3 6.63% $19,014
The Park National Bank 3 5.04% $4,853
GUARANTEED RATE AFFINITY, LLC 3 4.08% $9,274
GUARANTEED RATE, INC. 3 3.68% $5,515
M&T Bank 3 5.08% $7,481
KEMBA CREDIT UNION, INC. 3 3.25% $8,893
LENDSURE MORTGAGE CORP. 3 6.54% $21,095
First-Citizens Bank & Trust Company 3 4.40% $8,680
Century Mortgage Company DBA Century Lending Company 3 4.83% $15,576
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 5.92% $17,811
First Federal Bank 3 3.71% $10,233
BAYSHORE MORTGAGE FUNDING, LLC 2 5.94% $13,264
Associated Bank 2 3.13% $6,980
DAS Acquisition Company, LLC 2 4.88% $7,715
Pinnacle Bank 2 5.06% $8,634
GUARANTY HOME MORTGAGE CORPORATION 2 3.50% $15,451
LAKE MICHIGAN CREDIT UNION 2 3.75% $35,815
MOVEMENT MORTGAGE, LLC 2 4.69% $9,005
FIRST EQUITY MORTGAGE BANKERS, INC. 2 5.69% $18,171
ALLIANT CREDIT UNION 2 3.69% $9,638
HAMILTON HOME LOANS, INC. 2 4.94% $14,862
FIRST MORTGAGE COMPANY, INC. 2 4.25% $17,009
PANORAMA MORTGAGE GROUP, LLC 2 6.25% $15,763
EMBRACE HOME LOANS, INC. 2 4.31% $7,468
FineMark National Bank & Trust 2 4.69% $6,496
VANDERBILT MORTGAGE AND FINANCE, INC. 2 4.31% $6,075
MICHIGAN MUTUAL, INC. 2 4.19% $6,531
First Savings Bank 2 4.31% $6,475
JMAC LENDING, INC. 2 5.13% $25,277
DRAPER AND KRAMER MORTGAGE CORP. 2 4.31% $5,808
MICHIGAN FIRST CREDIT UNION 2 4.00% $11,593
City National Bank 2 3.26% $11,996
First Mortgage Solutions, LLC 2 3.06% $6,688
Suncoast Credit Union 2 3.69% $6,800
Mercantile Bank of Michigan 2 4.19% $7,781
Synovus Bank 2 4.56% $9,140
HOMESIDE FINANCIAL, LLC 2 5.44% $7,413
AmeriHome Mortgage Company, LLC 2 4.06% $12,113
TEACHERS 2 3.69% $7,449
MCLEAN MORTGAGE CORPORATION 2 3.44% $3,789
ANGEL OAK HOME LOANS LLC 2 4.38% $25,358
THE MORTGAGE FIRM, INC. 2 3.75% $13,826
HOMEXPRESS MORTGAGE CORP. 2 6.06% $35,723
The Northern Trust Company 2 2.50% $14,542
ZILLOW HOME LOANS, LLC 1 3.38% $15,644
1st Source Bank 1 3.88% $8,222
ABSOLUTE HOME MORTGAGE CORPORATION 1 3.50% $4,435
AMERICAN FINANCING CORPORATION 1 5.99% $9,096
AMERICAN PACIFIC MORTGAGE CORPORATION 1 4.13% $7,598
AMERIFIRST FINANCIAL CORPORATION 1 5.63% $5,044
Amerifirst Financial, Inc. 1 10.63% $7,610
A + MORTGAGE SERVICES, INC. 1 3.88% $6,282
Arvest Bank 1 3.38% $6,323
Atlantic Coast Mortgage, LLC 1 3.63% $12,544
Bangor Savings Bank 1 4.13% $11,768
BankPlus 1 3.25% $4,052
BMO Harris Bank 1 3.25% $16,838
BNY Mellon 1 3.88% $5,807
CALCON MUTUAL MORTGAGE LLC 1 6.88% $10,597
Cape Cod Co-operative Bank 1 3.25% $6,182
Capital City Home Loans, LLC 1 4.38% $6,722
Chicago Mortgage Solutions LLC 1 3.12% $4,333
CHURCHILL MORTGAGE CORPORATION 1 3.13% $12,028
CIBC Bank USA 1 4.00% $16,196
Colonial Savings, F.A. 1 3.38% $5,374
Comerica Bank 1 4.38% $13,002
Commerce Bank 1 3.75% $6,305
Commerce Home Mortgage, Inc. 1 8.95% $65,985
Cornerstone First Mortgage, Inc 1 7.50% $14,933
County National Bank 1 6.00% $12,013
Easthampton Savings Bank 1 3.75% $3,557
EASTMAN 1 3.75% $13,525
Encompass Lending Group, LP 1 5.50% $11,666
ENDEAVOR CAPITAL, LLC. 1 5.63% $11,444
Equity Bank 1 4.88% $6,220
EQUITY RESOURCES, INC. 1 5.63% $8,295
EVANSVILLE TEACHERS 1 3.75% $10,468
Farm Credit East, ACA 1 4.15% $7,257
FIDELITY DIRECT MORTGAGE, LLC 1 8.38% $37,010
FIRSTBANK PUERTO RICO 1 4.13% $7,753
First Bank & Trust 1 5.38% $16,726
FIRST CENTENNIAL MORTGAGE CORPORATION 1 3.63% $24,010
First Commonwealth Bank 1 3.13% $7,469
FIRST COMMUNITY MORTGAGE, INC. 1 6.38% $4,245
First Federal Bank of the Midwest 1 7.38% $6,658
First Guaranty Mortgage Corporation 1 4.00% $18,287
Firstrust Savings Bank 1 3.25% $21,592
FIRST SAVINGS MORTGAGE CORPORATION 1 4.88% $13,669
FIRST WORLD MORTGAGE CORPORATION 1 5.13% $17,950
Florida Capital Bank 1 4.75% $9,732
German American Bank 1 3.88% $9,678
GERSHMAN INVESTMENT CORP. 1 6.50% $9,605
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 7.50% $21,261
Goldwater Bank, N.A. 1 3.50% $10,917
Greenbox Loans, Inc. 1 8.63% $11,545
GUILD MORTGAGE COMPANY 1 5.88% $4,831
HOME FINANCING CENTER, INC. 1 5.50% $7,344
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 4.88% $7,552
Home State Bank 1 4.25% $3,510
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.54% $31,406
Independent Bank 1 3.38% $7,307
Ixonia Bank 1 4.75% $22,134
KELLER MORTGAGE, LLC 1 5.50% $7,261
LEGEND LENDING CORPORATION 1 4.50% $11,380
LOANLEADERS OF AMERICA, INC. 1 5.38% $14,169
MID AMERICA MORTGAGE, INC. 1 4.63% $10,222
MidFirst Bank 1 3.45% $6,212
MORTGAGE INVESTORS GROUP, INC. 1 3.25% $5,029
Mortgage Lenders Investment Trading Corporation 1 3.88% $7,483
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $5,056
MY MORTGAGE, INC. 1 7.13% $20,448
Nations Lending Corporation 1 3.25% $9,256
NexBank 1 4.75% $29,453
Nicolet National Bank 1 3.88% $13,130
NJ LENDERS CORP. 1 5.50% $16,623
Northern Bank & Trust Company 1 5.00% $7,418
Northwest Federal Credit Union 1 3.13% $3,984
Old National Bank 1 4.25% $6,877
Paramount Bank 1 4.00% $12,446
PARTNERS 1 3.00% $7,281
People's United Bank 1 3.25% $9,460
Philadelphia Mortgage Advisors, Inc. 1 4.87% $7,172
Platinum Home Mortgage Corporation 1 5.99% $8,721
POWER FINANCIAL 1 4.13% $4,250
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 4.38% $10,056
Princeton Mortgage Corporation 1 3.38% $25,358
Prosperity Bank 1 5.38% $3,723
PROVINCE MORTGAGE ASSOCIATES, INC. 1 4.38% $4,860
QUORUM FEDERAL CREDIT UNION 1 3.38% $6,076
RBC Bank, (Georgia) 1 4.75% $6,395
Republic Bank 1 3.00% $4,656
ROSS MORTGAGE CORPORATION 1 3.88% $5,468
ROUNDPOINT MORTGAGE SERVICING CORPORATION 1 4.25% $18,788
S1L, Inc. 1 3.63% $16,393
Servion, Inc. 1 4.50% $7,385
Shore United Bank 1 3.90% $11,211
SOUTH CAROLINA FEDERAL CREDIT UNION 1 5.88% $19,943
SPACE COAST Credit Union 1 3.75% $5,139
STANDARD MORTGAGE CORPORATION 1 3.88% $6,441
State Department Federal Credit Union 1 2.88% $22,719
Stifel Bank and Trust 1 3.50% $3,924
Stock Yards Bank & Trust Company 1 4.00% $7,414
Summit Credit Union 1 2.38% $5,009
SUMMIT FUNDING, INC. 1 5.99% $16,994
The Federal Savings Bank 1 2.25% $33,882
The Huntington National Bank 1 5.25% $11,375
The National Bank of Indianapolis 1 4.88% $8,112
The State Bank 1 3.50% $7,301
Third Federal Savings and Loan Association of Cleveland 1 4.74% $12,166
THRIVE MORTGAGE, LLC 1 3.50% $4,440
TOTAL MORTGAGE SERVICES, LLC 1 8.75% $8,470
United Bank 1 3.75% $6,937
United Community Bank 1 4.25% $9,915
Univest Bank and Trust Co. 1 3.25% $3,811
Washington Trust Bank 1 3.99% $8,383
Waterstone Mortgage Corporation 1 7.38% $32,097
Whitaker Bank 1 5.75% $11,772
Wilmington Savings Fund Society, FSB 1 5.63% $11,403
Wyndham Capital Mortgage, Inc. 1 5.50% $3,149

Key West Average Closing Costs & Other Stats

Key West, FL's 241 lenders originated 2,486 loans during 2022. The total origination value was $1,856,540,000, with an average loan value of $746,798.

Key West's average closing costs are $8,840.

The top Key West lender as defined by loan originations is First Horizon Bank, with 178 loans originated. Their average total fees are $9,111, which is $5,122 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Key West lenders (with over 10 loans originated) are EVERETT FINANCIAL, INC. ($4,736), Morgan Stanley Private Bank ($6,139), Wells Fargo Bank ($6,736), South State Bank ($7,564) and Flagstar Bank, FSB ($7,682).

The lowest rate Key West lenders (with over 10 loans originated) are UBS Bank USA (2.99%), Bank of America (3.26%), First Republic Bank (3.56%), Morgan Stanley Private Bank (3.57%) and PNC Bank (3.74%).

Key West, FL Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
First Horizon Bank $320,705,000 $215,710,000 -32.7% 11.6%
UNITED WHOLESALE MORTGAGE, LLC $282,015,000 $165,075,000 -41.5% 8.9%
JPMorgan Chase Bank $73,875,000 $56,970,000 -22.9% 3.1%
Bank of America $69,835,000 $56,370,000 -19.3% 3.0%
QUICKEN LOANS, LLC $142,810,000 $52,365,000 -63.3% 2.8%
Wells Fargo Bank $65,730,000 $46,230,000 -29.7% 2.5%
Centennial Bank $14,835,000 $43,155,000 190.9% 2.3%
TD Bank $27,015,000 $38,700,000 43.3% 2.1%
Truist $121,640,000 $38,600,000 -68.3% 2.1%
CROSSCOUNTRY MORTGAGE, LLC $75,135,000 $38,195,000 -49.2% 2.1%
PNC Bank $24,535,000 $36,500,000 48.8% 2.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $29,680,000 $31,485,000 6.1% 1.7%
City National Bank of Florida $19,185,000 $29,915,000 55.9% 1.6%
U.S. Bank $64,545,000 $28,050,000 -56.5% 1.5%
A&D Mortgage LLC $11,890,000 $26,610,000 123.8% 1.4%
NEXERA HOLDING LLC $15,675,000 $24,880,000 58.7% 1.3%
CALIBER HOME LOANS, INC. $46,655,000 $22,855,000 -51.0% 1.2%
UBS Bank USA $26,085,000 $22,195,000 -14.9% 1.2%
Morgan Stanley Private Bank $28,975,000 $21,640,000 -25.3% 1.2%
Santander Bank, N.A. $505,000 $20,885,000 4,035.6% 1.1%
South State Bank $43,260,000 $20,650,000 -52.3% 1.1%
LOANDEPOT.COM, LLC $44,785,000 $17,460,000 -61.0% 0.9%
AXIA FINANCIAL, LLC $33,400,000 $16,700,000 -50.0% 0.9%
First Republic Bank $8,190,000 $15,865,000 93.7% 0.9%
Flagstar Bank, FSB $35,785,000 $14,390,000 -59.8% 0.8%
AMERISAVE MORTGAGE CORPORATION $13,545,000 $14,145,000 4.4% 0.8%
Regions Bank $18,780,000 $13,605,000 -27.6% 0.7%
FINANCE OF AMERICA MORTGAGE LLC $15,370,000 $13,520,000 -12.0% 0.7%
Popular Bank $7,080,000 $13,200,000 86.4% 0.7%
Citizens Bank $7,380,000 $12,480,000 69.1% 0.7%
Raymond James Bank $10,005,000 $12,245,000 22.4% 0.7%
NAVY FEDERAL CREDIT UNION $26,530,000 $11,820,000 -55.4% 0.6%
HOME POINT FINANCIAL CORPORATION $52,540,000 $11,610,000 -77.9% 0.6%
The Northern Trust Company $10,235,000 $10,980,000 7.3% 0.6%
City National Bank $2,710,000 $10,195,000 276.2% 0.5%
PENNYMAC LOAN SERVICES, LLC $35,500,000 $9,750,000 -72.5% 0.5%
Paramount Residential Mortgage Group, Inc. $14,960,000 $9,625,000 -35.7% 0.5%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $17,205,000 $9,075,000 -47.3% 0.5%
DEEPHAVEN MORTGAGE LLC $625,000 $8,975,000 1,336.0% 0.5%
Grandbridge Real Estate Capital LLC $30,010,000 $8,805,000 -70.7% 0.5%
Mortgage Research Center, LLC $23,605,000 $8,510,000 -63.9% 0.5%
Charles Schwab Bank, SSB $20,325,000 $8,170,000 -59.8% 0.4%
EVERETT FINANCIAL, INC. $2,605,000 $8,050,000 209.0% 0.4%
Commerce Home Mortgage, Inc. $4,130,000 $7,695,000 86.3% 0.4%
FINANCE OF AMERICA REVERSE LLC $820,000 $7,685,000 837.2% 0.4%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $15,640,000 $7,465,000 -52.3% 0.4%
Hometown Equity Mortgage, LLC $4,980,000 $7,235,000 45.3% 0.4%
LAKE MICHIGAN CREDIT UNION $1,615,000 $7,155,000 343.0% 0.4%
ARC HOME LLC $8,535,000 $6,785,000 -20.5% 0.4%
NATIONWIDE EQUITIES CORPORATION $435,000 $6,665,000 1,432.2% 0.4%
HOMEXPRESS MORTGAGE CORP. $2,855,000 $6,610,000 131.5% 0.4%
Citadel Servicing Corporation $7,655,000 $6,570,000 -14.2% 0.4%
Citibank $19,460,000 $6,505,000 -66.6% 0.4%
KeyBank $11,105,000 $6,415,000 -42.2% 0.3%
United Bank $2,305,000 $5,965,000 158.8% 0.3%
Goldman Sachs Bank USA $6,935,000 $5,645,000 -18.6% 0.3%
Mr. Cooper ( Nationstar Mortgage ) $13,720,000 $5,345,000 -61.0% 0.3%
PLAZA HOME MORTGAGE, INC. $8,265,000 $5,170,000 -37.4% 0.3%
ITHINK FINANCIAL Credit Union $7,910,000 $5,090,000 -35.7% 0.3%
Prime Meridian Bank $5,355,000 $5,025,000 -6.2% 0.3%
LENDSURE MORTGAGE CORP. $12,010,000 $5,015,000 -58.2% 0.3%
HSBC BANK USA, NATIONAL ASSOCIATION $5,005,000 n/a 0.3%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $4,995,000 n/a 0.3%
VELOCITY COMMERCIAL CAPITAL, LLC $3,045,000 $4,935,000 62.1% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $13,785,000 $4,925,000 -64.3% 0.3%
CMG MORTGAGE, INC. $4,550,000 $4,890,000 7.5% 0.3%
Ameris Bank $6,580,000 $4,830,000 -26.6% 0.3%
FREEDOM MORTGAGE CORPORATION $28,270,000 $4,755,000 -83.2% 0.3%
NFM, INC. $4,655,000 n/a 0.3%
ATHAS CAPITAL GROUP, INC. $6,490,000 $4,480,000 -31.0% 0.2%
First-Citizens Bank & Trust Company $3,205,000 $4,465,000 39.3% 0.2%
LENDINGHOME FUNDING CORPORATION $1,940,000 $4,445,000 129.1% 0.2%
KEMBA CREDIT UNION, INC. $4,405,000 n/a 0.2%
Valley National Bank $4,475,000 $4,255,000 -4.9% 0.2%
DAS Acquisition Company, LLC $4,120,000 n/a 0.2%
EMM LOANS LLC $16,675,000 $4,090,000 -75.5% 0.2%
Fifth Third Bank $12,720,000 $4,055,000 -68.1% 0.2%
ALLIANT CREDIT UNION $4,010,000 $3,905,000 -2.6% 0.2%
Quontic Bank $3,865,000 $3,900,000 0.9% 0.2%
SPACE COAST Credit Union $3,585,000 $3,780,000 5.4% 0.2%
GUARANTEED RATE AFFINITY, LLC $1,795,000 $3,680,000 105.0% 0.2%
PENTAGON FEDERAL CREDIT UNION $13,345,000 $3,645,000 -72.7% 0.2%
GUARANTEED RATE, INC. $13,795,000 $3,490,000 -74.7% 0.2%
Republic Bank $1,635,000 $3,450,000 111.0% 0.2%
NEW DAY FINANCIAL, LLC $3,125,000 $3,180,000 1.8% 0.2%
BANKORION $3,125,000 n/a 0.2%
AMCAP MORTGAGE, LTD. $1,500,000 $3,090,000 106.0% 0.2%
AMWEST FUNDING CORP. $1,475,000 $3,070,000 108.1% 0.2%
Towne Bank $2,420,000 $3,020,000 24.8% 0.2%
JMAC LENDING, INC. $2,990,000 n/a 0.2%
OAKTREE FUNDING CORP. $2,720,000 $2,990,000 9.9% 0.2%
First Federal Savings Bank $2,975,000 n/a 0.2%
MICHIGAN FIRST CREDIT UNION $2,960,000 n/a 0.2%
UNION HOME MORTGAGE CORP. $9,895,000 $2,960,000 -70.1% 0.2%
Sierra Pacific Mortgage Company, Inc. $1,150,000 $2,925,000 154.3% 0.2%
BROKER SOLUTIONS, INC. $3,425,000 $2,890,000 -15.6% 0.2%
MOVEMENT MORTGAGE, LLC $7,550,000 $2,860,000 -62.1% 0.2%
GEORGIA'S OWN $2,945,000 $2,805,000 -4.8% 0.2%
Synovus Bank $11,050,000 $2,805,000 -74.6% 0.2%
PHH Mortgage Corporation $275,000 $2,780,000 910.9% 0.1%
Ally Bank $9,360,000 $2,755,000 -70.6% 0.1%
Stock Yards Bank & Trust Company $2,335,000 $2,745,000 17.6% 0.1%
ENCORE BANK $2,685,000 n/a 0.1%
LAKEVIEW LOAN SERVICING, LLC $8,145,000 $2,645,000 -67.5% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $3,070,000 $2,635,000 -14.2% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $175,000 $2,565,000 1,365.7% 0.1%
Old National Bank $5,505,000 $2,560,000 -53.5% 0.1%
PLANET HOME LENDING, LLC $5,140,000 $2,545,000 -50.5% 0.1%
SPRING EQ, LLC $1,370,000 $2,520,000 83.9% 0.1%
CIBC Bank USA $1,005,000 $2,515,000 150.2% 0.1%
Pinnacle Bank $2,810,000 $2,515,000 -10.5% 0.1%
BMO Harris Bank $4,375,000 $2,505,000 -42.7% 0.1%
Mid Penn Bank $2,505,000 n/a 0.1%
Mercantile Bank of Michigan $595,000 $2,485,000 317.6% 0.1%
BETTER MORTGAGE CORPORATION $19,910,000 $2,435,000 -87.8% 0.1%
1ST FINANCIAL, INC. $5,480,000 $2,430,000 -55.7% 0.1%
T2 FINANCIAL LLC $465,000 $2,395,000 415.1% 0.1%
Shamrock Home Loans, Inc. $3,425,000 $2,385,000 -30.4% 0.1%
Greenbox Loans, Inc. $4,390,000 $2,360,000 -46.2% 0.1%
Stifel Bank and Trust $4,180,000 $2,360,000 -43.5% 0.1%
Plains Commerce Bank $1,170,000 $2,355,000 101.3% 0.1%
ANGEL OAK HOME LOANS LLC $6,455,000 $2,350,000 -63.6% 0.1%
NETWORK CAPITAL FUNDING CORPORATION $2,405,000 $2,320,000 -3.5% 0.1%
S1L, Inc. $745,000 $2,315,000 210.7% 0.1%
Mortgage Bank of California $19,475,000 $2,290,000 -88.2% 0.1%
Shore United Bank $795,000 $2,280,000 186.8% 0.1%
Northpointe Bank $1,730,000 $2,265,000 30.9% 0.1%
Mountain Commerce Bank $2,255,000 n/a 0.1%
Associated Bank $2,240,000 n/a 0.1%
NEWREZ LLC $17,625,000 $2,175,000 -87.7% 0.1%
FIRST EQUITY MORTGAGE BANKERS, INC. $1,550,000 $2,155,000 39.0% 0.1%
Northern Bank & Trust Company $2,155,000 n/a 0.1%
Sandy Spring Bank $1,145,000 $2,150,000 87.8% 0.1%
M&T Bank $1,190,000 $2,145,000 80.3% 0.1%
First Federal Bank $6,475,000 $2,125,000 -67.2% 0.1%
Strong Home Mortgage, LLC $1,265,000 $2,110,000 66.8% 0.1%
The Federal Savings Bank $1,480,000 $2,065,000 39.5% 0.1%
CIVIC FINANCIAL SERVICES, LLC $2,280,000 $2,060,000 -9.6% 0.1%
PROFESSIONAL BANK $4,130,000 $2,015,000 -51.2% 0.1%
Comerica Bank $2,005,000 n/a 0.1%
EVANSVILLE TEACHERS $1,780,000 $2,005,000 12.6% 0.1%
People's United Bank $2,005,000 n/a 0.1%
Chicago Mortgage Solutions LLC $2,095,000 $1,960,000 -6.4% 0.1%
FIRST SAVINGS MORTGAGE CORPORATION $525,000 $1,955,000 272.4% 0.1%
Third Federal Savings and Loan Association of Cleveland $3,315,000 $1,935,000 -41.6% 0.1%
First National Bank of Pennsylvania $2,460,000 $1,915,000 -22.2% 0.1%
USAA Federal Savings Bank $1,195,000 $1,905,000 59.4% 0.1%
Seacoast National Bank $485,000 $1,885,000 288.7% 0.1%
SILVER HILL FUNDING, LLC $1,865,000 n/a 0.1%
First American Bank $2,200,000 $1,860,000 -15.5% 0.1%
Farm Credit East, ACA $1,855,000 n/a 0.1%
Nicolet National Bank $1,305,000 $1,855,000 42.1% 0.1%
Equity Prime Mortgage LLC $2,265,000 $1,830,000 -19.2% 0.1%
Bangor Savings Bank $1,825,000 n/a 0.1%
TEACHERS $1,820,000 n/a 0.1%
SWBC MORTGAGE CORPORATION $1,065,000 $1,795,000 68.5% 0.1%
FBC MORTGAGE, LLC $1,735,000 $1,790,000 3.2% 0.1%
Washington Trust Bank $1,735,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $6,630,000 $1,725,000 -74.0% 0.1%
Intercredit Bank $3,110,000 $1,695,000 -45.5% 0.1%
LONGBRIDGE FINANCIAL, LLC $1,660,000 n/a 0.1%
MY MORTGAGE, INC. $1,645,000 n/a 0.1%
HOMESIDE FINANCIAL, LLC $1,055,000 $1,625,000 54.0% 0.1%
AHL FUNDING $1,605,000 n/a 0.1%
First Bank $1,605,000 n/a 0.1%
First Savings Bank $5,410,000 $1,605,000 -70.3% 0.1%
AmeriHome Mortgage Company, LLC $1,505,000 $1,590,000 5.6% 0.1%
German American Bank $1,575,000 n/a 0.1%
NexBank $1,575,000 n/a 0.1%
Nations Lending Corporation $7,230,000 $1,540,000 -78.7% 0.1%
1st Source Bank $885,000 $1,505,000 70.1% 0.1%
Century Mortgage Company DBA Century Lending Company $3,455,000 $1,475,000 -57.3% 0.1%
PANORAMA MORTGAGE GROUP, LLC $425,000 $1,475,000 247.1% 0.1%
DRAPER AND KRAMER MORTGAGE CORP. $2,420,000 $1,470,000 -39.3% 0.1%
FIRST MORTGAGE COMPANY, INC. $1,470,000 n/a 0.1%
READY MORTGAGE LENDERS, LLC $305,000 $1,465,000 380.3% 0.1%
Suncoast Credit Union $1,440,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $1,430,000 n/a 0.1%
COLUMBUS CAPITAL LENDING, LLC $7,840,000 $1,405,000 -82.1% 0.1%
Goldwater Bank, N.A. $1,395,000 n/a 0.1%
Atlantic Coast Mortgage, LLC $1,370,000 n/a 0.1%
Armed Forces Bank $1,360,000 n/a 0.1%
GUARANTY HOME MORTGAGE CORPORATION $1,350,000 n/a 0.1%
United Community Bank $1,405,000 $1,350,000 -3.9% 0.1%
FineMark National Bank & Trust $2,955,000 $1,330,000 -55.0% 0.1%
AMERICAN FINANCING CORPORATION $1,115,000 $1,325,000 18.8% 0.1%
The Park National Bank $1,220,000 $1,320,000 8.2% 0.1%
Desjardins Bank $1,105,000 $1,305,000 18.1% 0.1%
State Department Federal Credit Union $1,305,000 n/a 0.1%
Waterstone Mortgage Corporation $1,110,000 $1,305,000 17.6% 0.1%
FIDELITY DIRECT MORTGAGE, LLC $1,285,000 n/a 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $8,620,000 $1,285,000 -85.1% 0.1%
Virginia Partners Bank $1,265,000 n/a 0.1%
QUORUM FEDERAL CREDIT UNION $875,000 $1,255,000 43.4% 0.1%
MID AMERICA MORTGAGE, INC. $2,415,000 $1,250,000 -48.2% 0.1%
Huntingdon Valley Bank $1,225,000 n/a 0.1%
Bank of England $3,185,000 $1,205,000 -62.2% 0.1%
Cape Cod Co-operative Bank $1,205,000 n/a 0.1%
Prosperity Bank $1,195,000 n/a 0.1%
BAYSHORE MORTGAGE FUNDING, LLC $1,395,000 $1,170,000 -16.1% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $2,840,000 $1,155,000 -59.3% 0.1%
InterBank $1,155,000 n/a 0.1%
SOUTH CAROLINA FEDERAL CREDIT UNION $1,145,000 n/a 0.1%
AMERICAN ADVISORS GROUP $2,415,000 $1,130,000 -53.2% 0.1%
EASTMAN $1,125,000 n/a 0.1%
REVERSE MORTGAGE FUNDING LLC $1,110,000 n/a 0.1%
HOME TOWN FUNDING, INC. $1,085,000 n/a 0.1%
HAMILTON HOME LOANS, INC. $3,500,000 $1,070,000 -69.4% 0.1%
THE MORTGAGE FIRM, INC. $7,500,000 $1,060,000 -85.9% 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $525,000 $1,045,000 99.0% 0.1%
Citywide Banks $1,005,000 n/a 0.1%
EMBRACE HOME LOANS, INC. $1,410,000 $1,000,000 -29.1% 0.1%
FIRST CENTENNIAL MORTGAGE CORPORATION $605,000 $995,000 64.5% 0.1%
NORTHWEST BANK OF ROCKFORD $990,000 $990,000 0.0% 0.1%
First Mortgage Solutions, LLC $1,050,000 $940,000 -10.5% 0.1%
OPEN MORTGAGE, LLC $930,000 n/a 0.1%
Iroquois Federal Savings and Loan Association $925,000 n/a 0.0%
NBKC BANK $4,235,000 $925,000 -78.2% 0.0%
Servion, Inc. $255,000 $925,000 262.7% 0.0%
YNB $925,000 n/a 0.0%
First Federal Bank of the Midwest $920,000 n/a 0.0%
First Bank & Trust $915,000 n/a 0.0%
AMERANT BANK, NATIONAL ASSOCIATION $640,000 $905,000 41.4% 0.0%
First Commonwealth Bank $905,000 n/a 0.0%
Cornerstone First Mortgage, Inc $1,150,000 $900,000 -21.7% 0.0%
STOCKTON MORTGAGE CORPORATION $1,005,000 $865,000 -13.9% 0.0%
LEGEND LENDING CORPORATION $545,000 $825,000 51.4% 0.0%
Wilmington Savings Fund Society, FSB $810,000 n/a 0.0%
FirstBank $1,110,000 $795,000 -28.4% 0.0%
ServisFirst Bank $795,000 n/a 0.0%
Commerce Bank $2,245,000 $775,000 -65.5% 0.0%
Atlantic Union Bank $765,000 n/a 0.0%
Logan Finance Corporation $765,000 n/a 0.0%
ERIE FEDERAL CREDIT UNION $745,000 n/a 0.0%
The State Bank $745,000 n/a 0.0%
UBank $1,315,000 $735,000 -44.1% 0.0%
MidFirst Bank $725,000 n/a 0.0%
CHURCHILL MORTGAGE CORPORATION $1,390,000 $715,000 -48.6% 0.0%
GERSHMAN INVESTMENT CORP. $1,125,000 $715,000 -36.4% 0.0%
Princeton Mortgage Corporation $715,000 n/a 0.0%
WALL STREET MORTGAGE BANKERS, LTD. $715,000 n/a 0.0%
West Town Bank & Trust $715,000 n/a 0.0%
First Guaranty Mortgage Corporation $4,715,000 $710,000 -84.9% 0.0%
Independent Bank $705,000 n/a 0.0%
The National Bank of Indianapolis $705,000 n/a 0.0%
Whitaker Bank $705,000 n/a 0.0%
Capital City Home Loans, LLC $840,000 $695,000 -17.3% 0.0%
FIRSTBANK PUERTO RICO $1,455,000 $695,000 -52.2% 0.0%
Firstrust Savings Bank $685,000 n/a 0.0%
NJ LENDERS CORP. $690,000 $685,000 -0.7% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,245,000 $675,000 -45.8% 0.0%
Florida Capital Bank $4,205,000 $665,000 -84.2% 0.0%
The Huntington National Bank $4,610,000 $665,000 -85.6% 0.0%
GREENWOOD $325,000 $660,000 103.1% 0.0%
Carrington Mortgage Services, LLC $1,725,000 $655,000 -62.0% 0.0%
A + MORTGAGE SERVICES, INC. $645,000 n/a 0.0%
BankPlus $645,000 n/a 0.0%
EQUITY RESOURCES, INC. $605,000 $645,000 6.6% 0.0%
Independent Bank $645,000 n/a 0.0%
RBC Bank, (Georgia) $745,000 $645,000 -13.4% 0.0%
ROSS MORTGAGE CORPORATION $645,000 n/a 0.0%
SUMMIT FUNDING, INC. $645,000 n/a 0.0%
THRIVE MORTGAGE, LLC $645,000 n/a 0.0%
Northwest Federal Credit Union $545,000 $635,000 16.5% 0.0%
Paramount Bank $635,000 n/a 0.0%
American Airlines Federal Credit Union $855,000 $625,000 -26.9% 0.0%
County National Bank $880,000 $625,000 -29.0% 0.0%
UMB Bank $2,310,000 $625,000 -72.9% 0.0%
Figure Lending LLC $640,000 $615,000 -3.9% 0.0%
MCLEAN MORTGAGE CORPORATION $2,925,000 $610,000 -79.1% 0.0%
TRIAD FINANCIAL SERVICES, INC. $2,980,000 $600,000 -79.9% 0.0%
HOMESTEAD FUNDING CORP. $2,970,000 $595,000 -80.0% 0.0%
LEBANON $475,000 $595,000 25.3% 0.0%
Wyndham Capital Mortgage, Inc. $1,505,000 $595,000 -60.5% 0.0%
Barrington Bank & Trust Company, N.A. $890,000 $585,000 -34.3% 0.0%
RF Renovo Management Company, LLC $365,000 $585,000 60.3% 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $500,000 $565,000 13.0% 0.0%
Progress Bank and Trust $565,000 n/a 0.0%
Central National Bank $1,335,000 $555,000 -58.4% 0.0%
Ixonia Bank $1,795,000 $555,000 -69.1% 0.0%
Philadelphia Mortgage Advisors, Inc. $555,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $555,000 n/a 0.0%
CALCON MUTUAL MORTGAGE LLC $2,180,000 $545,000 -75.0% 0.0%
Equity Bank $545,000 n/a 0.0%
GUILD MORTGAGE COMPANY $155,000 $545,000 251.6% 0.0%
INLAND BANK & TRUST $545,000 n/a 0.0%
PARTNERS $545,000 n/a 0.0%
Amerifirst Financial, Inc. $1,450,000 $535,000 -63.1% 0.0%
HOME FINANCING CENTER, INC. $535,000 n/a 0.0%
Univest Bank and Trust Co. $1,105,000 $535,000 -51.6% 0.0%
Discover Bank $315,000 $525,000 66.7% 0.0%
MICHIGAN MUTUAL, INC. $2,610,000 $510,000 -80.5% 0.0%
BNY Mellon $5,470,000 $505,000 -90.8% 0.0%
FIRST WORLD MORTGAGE CORPORATION $505,000 n/a 0.0%
Fulton Bank $1,075,000 $505,000 -53.0% 0.0%
Great Southern Bank $215,000 $505,000 134.9% 0.0%
HomeTrust Bank $505,000 n/a 0.0%
MidWestOne Bank $505,000 n/a 0.0%
Platinum Home Mortgage Corporation $505,000 n/a 0.0%
VILLAGE CAPITAL MORTGAGE $1,540,000 $505,000 -67.2% 0.0%
ZILLOW HOME LOANS, LLC $425,000 $505,000 18.8% 0.0%
AMERICAN HERITAGE LENDING, INC. $495,000 n/a 0.0%
Toyota Financial Savings Bank $485,000 n/a 0.0%
NUMARK CREDIT UNION $480,000 n/a 0.0%
Encompass Lending Group, LP $475,000 n/a 0.0%
State Bank of Lizton $475,000 n/a 0.0%
FAY SERVICING, LLC $640,000 $465,000 -27.3% 0.0%
KELLER MORTGAGE, LLC $1,625,000 $465,000 -71.4% 0.0%
LIMA ONE CAPITAL, LLC $745,000 $465,000 -37.6% 0.0%
Summit Credit Union $465,000 n/a 0.0%
MUTUAL OF OMAHA MORTGAGE, INC. $2,930,000 $460,000 -84.3% 0.0%
AMERICAN BANCSHARES MORTGAGE, LLC $455,000 n/a 0.0%
BANKING MORTGAGE SERVICES, B.M.S. CORP. $455,000 n/a 0.0%
First National Bank of America $770,000 $455,000 -40.9% 0.0%
Home State Bank $455,000 n/a 0.0%
LAFAYETTE FEDERAL CREDIT UNION $455,000 n/a 0.0%
PROVINCE MORTGAGE ASSOCIATES, INC. $455,000 n/a 0.0%
MORTGAGE INVESTORS GROUP, INC. $445,000 n/a 0.0%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $1,090,000 $435,000 -60.1% 0.0%
SOFI LENDING CORP. $1,840,000 $435,000 -76.4% 0.0%
BM Real Estate Services, Inc. $4,175,000 $425,000 -89.8% 0.0%
BAC Florida Bank $405,000 n/a 0.0%
Grow Financial Federal Credit Union $405,000 n/a 0.0%
Manasquan Bank $405,000 n/a 0.0%
ADVANCIAL $405,000 $395,000 -2.5% 0.0%
ENDEAVOR CAPITAL, LLC. $395,000 n/a 0.0%
Arvest Bank $740,000 $385,000 -48.0% 0.0%
GTE Federal Credit Union $425,000 $360,000 -15.3% 0.0%
TROPICAL FINANCIAL CREDIT UNION $1,410,000 $360,000 -74.5% 0.0%
Colonial Savings, F.A. $355,000 n/a 0.0%
Cornerstone National Bank & Trust Company $355,000 n/a 0.0%
FAIRWINDS CREDIT UNION $1,990,000 $355,000 -82.2% 0.0%
Mortgage Lenders Investment Trading Corporation $2,615,000 $345,000 -86.8% 0.0%
STANDARD MORTGAGE CORPORATION $345,000 n/a 0.0%
Bethpage Federal Credit Union $335,000 n/a 0.0%
AMERIFIRST FINANCIAL CORPORATION $505,000 $325,000 -35.6% 0.0%
LOANLEADERS OF AMERICA, INC. $325,000 n/a 0.0%
POWER FINANCIAL $325,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $325,000 n/a 0.0%
FLAT BRANCH MORTGAGE, INC. $315,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $1,795,000 $305,000 -83.0% 0.0%
Trustmark National Bank $305,000 n/a 0.0%
Liberty Savings Bank, F.S.B. $375,000 $265,000 -29.3% 0.0%
RADIUS FINANCIAL GROUP INC. $530,000 $265,000 -50.0% 0.0%
VAN DYK MORTGAGE CORPORATION $590,000 $265,000 -55.1% 0.0%
First United Bank and Trust Company $255,000 n/a 0.0%
TOWER $250,000 n/a 0.0%
21ST MORTGAGE CORPORATION $390,000 $245,000 -37.2% 0.0%
FIRST COMMUNITY MORTGAGE, INC. $245,000 n/a 0.0%
MORTGAGE CENTER L.C $235,000 n/a 0.0%
Easthampton Savings Bank $225,000 n/a 0.0%
VYSTAR $220,000 n/a 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $1,610,000 $205,000 -87.3% 0.0%
Transportation Federal Credit Union $195,000 n/a 0.0%
Three Rivers Federal Credit Union $465,000 $175,000 -62.4% 0.0%
TOTAL MORTGAGE SERVICES, LLC $175,000 n/a 0.0%
WINGS FINANCIAL $1,660,000 $175,000 -89.5% 0.0%
Baxter Credit Union $775,000 $155,000 -80.0% 0.0%
RELIANCE FIRST CAPITAL, LLC $155,000 n/a 0.0%
American Investors Bank and Mortgage $75,000 n/a 0.0%
Lakeview Community Capital, LLC $2,415,000 $75,000 -96.9% 0.0%
BECKAM FUNDING CORP. $65,000 n/a 0.0%

Key West's top lender by overall market share is First Horizon Bank, with 11.6% market share. In second place, with 8.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $165,075,000 in loans. In third place, with 3.1%, is JPMorgan Chase Bank, having originated $56,970,000 in loans. In fourth place, with 3.0%, is Bank of America, having originated $56,370,000 in loans. In fifth place, with 2.8%, is QUICKEN LOANS, LLC, having originated $52,365,000 in loans.


Key West Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Key West (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $706,250 (14.3%) $1,328,463 (25.9%) 0.00 1,488
2018-02-01 $699,625 (12.6%) $1,344,763 (27.4%) 0.00 1,534
2018-03-01 $699,000 (11.6%) $1,343,708 (27.0%) 0.00 1,617
2018-04-01 $699,500 (5.2%) $1,353,459 (12.8%) 0.00 1,632
2018-05-01 $699,000 (3.6%) $1,341,179 (11.7%) 0.00 1,596
2018-06-01 $699,000 (3.0%) $1,323,516 (8.1%) 0.00 1,589
2018-07-01 $699,000 (3.6%) $1,314,883 (5.9%) 0.00 1,612
2018-08-01 $699,000 (4.2%) $1,315,302 (5.7%) 0.00 1,583
2018-09-01 $699,000 (3.6%) $1,314,027 (4.7%) 0.00 1,549
2018-10-01 $699,000 (3.9%) $1,301,581 (0.8%) 0.00 1,592
2018-11-01 $732,000 (4.7%) $1,325,607 (1.0%) 0.00 1,720
2018-12-01 $729,000 (4.3%) $1,325,739 (1.2%) 0.00 1,826
2019-01-01 $728,625 (3.2%) $1,311,733 (-1.3%) 0.00 1,933
2019-02-01 $722,500 (3.3%) $1,293,865 (-3.8%) 0.00 2,018
2019-03-01 $739,000 (5.7%) $1,296,615 (-3.5%) 0.00 2,009
2019-04-01 $749,000 (7.1%) $1,326,639 (-2.0%) 0.00 1,892
2019-05-01 $769,000 (10.0%) $1,370,566 (2.2%) 0.00 1,799
2019-06-01 $750,000 (7.3%) $1,355,862 (2.4%) 0.00 1,734
2019-07-01 $759,500 (8.7%) $1,366,479 (3.9%) 0.00 1,692
2019-08-01 $775,000 (10.9%) $1,358,709 (3.3%) 0.00 1,590
2019-09-01 $799,000 (14.3%) $1,494,965 (13.8%) 0.00 1,417
2019-10-01 $795,000 (13.7%) $1,474,232 (13.3%) 0.00 1,431
2019-11-01 $799,000 (9.2%) $1,484,531 (12.0%) 0.00 1,503
2019-12-01 $799,000 (9.6%) $1,500,169 (13.2%) 0.00 1,616
2020-01-01 $802,450 (10.1%) $1,515,756 (15.6%) 0.00 1,649
2020-02-01 $799,000 (10.6%) $1,485,200 (14.8%) 0.00 1,747
2020-03-01 $799,500 (8.2%) $1,505,811 (16.1%) 0.00 1,754
2020-04-01 $799,000 (6.7%) $1,490,622 (12.4%) 0.00 1,677
2020-05-01 $799,000 (3.9%) $1,512,569 (10.4%) 0.00 1,609
2020-06-01 $799,450 (6.6%) $1,534,510 (13.2%) 0.00 1,495
2020-07-01 $823,750 (8.5%) $1,589,979 (16.4%) 0.00 1,384
2020-08-01 $849,000 (9.6%) $1,629,623 (19.9%) 0.00 1,232
2020-09-01 $867,000 (8.5%) $1,666,754 (11.5%) 0.00 1,185
2020-10-01 $849,250 (6.8%) $1,693,184 (14.9%) 0.00 1,150
2020-11-01 $875,000 (9.5%) $1,734,056 (16.8%) 0.00 1,099
2020-12-01 $857,000 (7.3%) $1,749,362 (16.6%) 0.00 1,043
2021-01-01 $864,000 (7.7%) $1,804,015 (19.0%) 0.00 977
2021-02-01 $860,000 (7.6%) $1,797,728 (21.0%) 0.00 812
2021-03-01 $878,750 (9.9%) $1,803,779 (19.8%) 0.00 699
2021-04-01 $893,125 (11.8%) $1,905,451 (27.8%) 0.00 594
2021-05-01 $995,000 (24.5%) $2,032,472 (34.4%) 0.00 512
2021-06-01 $1,051,250 (31.5%) $2,070,126 (34.9%) 0.00 512
2021-07-01 $1,100,000 (33.5%) $2,107,807 (32.6%) 0.00 517
2021-08-01 $1,113,257 (31.1%) $2,061,570 (26.5%) 0.00 530
2021-09-01 $1,161,000 (33.9%) $2,102,077 (26.1%) 0.00 545
2021-10-01 $1,162,500 (36.9%) $2,046,936 (20.9%) 0.00 543
2021-11-01 $1,206,250 (37.9%) $2,128,440 (22.7%) 0.00 525
2021-12-01 $1,200,000 (40.0%) $2,112,171 (20.7%) 0.00 499
2022-01-01 $1,214,500 (40.6%) $2,098,812 (16.3%) 0.00 487
2022-02-01 $1,311,000 (52.4%) $2,130,723 (18.5%) 0.00 456
2022-03-01 $1,275,000 (45.1%) $2,138,833 (18.6%) 0.00 445
2022-04-01 $1,295,000 (45.0%) $2,108,246 (10.6%) 0.00 436
2022-05-01 $1,362,500 (36.9%) $2,514,157 (23.7%) 0.00 501
2022-06-01 $1,325,000 (26.0%) $2,549,680 (23.2%) 0.00 545
2022-07-01 $1,299,000 (18.1%) $2,470,506 (17.2%) 0.00 622
2022-08-01 $1,289,250 (15.8%) $2,383,664 (15.6%) 0.00 656
2022-09-01 $1,262,500 (8.7%) $2,396,227 (14.0%) 0.00 660
2022-10-01 $1,299,000 (11.7%) $2,425,642 (18.5%) 0.00 662
2022-11-01 $1,350,000 (11.9%) $2,425,276 (14.0%) 0.00 722
2022-12-01 $1,350,000 (12.5%) $2,407,096 (14.0%) 0.00 773
2023-01-01 $1,416,225 (16.6%) $2,454,050 (16.9%) 0.00 818
2023-02-01 $1,472,500 (12.3%) $2,509,966 (17.8%) 0.00 839
2023-03-01 $1,489,750 (16.8%) $2,557,970 (19.6%) 0.00 848
2023-04-01 $1,499,000 (15.8%) $2,571,736 (22.0%) 0.00 826
Key West's median listing price for 2023-04-01 was $1,499,000, a difference of $204,000 (15.8%) versus the prior year and $9,250 versus the prior month.

Key West's median listing price comes in at 0% of the national average.

Key West's average listing price for 2023-04-01 was $2,571,736, a difference of $463,490 (22.0%) versus the prior year and $13,766 versus the prior month.

For the 2023-04-01 period, Key West had 826 MLS listings, a difference of -22 listings (-3%) versus the prior month and 390 listings (89%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Key West (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,500 sqft
2018-02-01 0 days 1,501 sqft
2018-03-01 0 days 1,500 sqft
2018-04-01 0 days 1,500 sqft
2018-05-01 0 days 1,490 sqft
2018-06-01 0 days 1,494 sqft
2018-07-01 0 days 1,495 sqft
2018-08-01 0 days 1,492 sqft
2018-09-01 0 days 1,489 sqft
2018-10-01 0 days 1,480 sqft
2018-11-01 0 days 1,497 sqft
2018-12-01 0 days 1,480 sqft
2019-01-01 0 days 1,492 sqft
2019-02-01 0 days 1,507 sqft
2019-03-01 0 days 1,528 sqft
2019-04-01 0 days 1,544 sqft
2019-05-01 0 days 1,562 sqft
2019-06-01 0 days 1,530 sqft
2019-07-01 0 days 1,524 sqft
2019-08-01 0 days 1,529 sqft
2019-09-01 0 days 1,580 sqft
2019-10-01 0 days 1,571 sqft
2019-11-01 0 days 1,579 sqft
2019-12-01 0 days 1,573 sqft
2020-01-01 0 days 1,582 sqft
2020-02-01 0 days 1,570 sqft
2020-03-01 0 days 1,573 sqft
2020-04-01 0 days 1,568 sqft
2020-05-01 0 days 1,552 sqft
2020-06-01 0 days 1,556 sqft
2020-07-01 0 days 1,549 sqft
2020-08-01 0 days 1,555 sqft
2020-09-01 0 days 1,550 sqft
2020-10-01 0 days 1,524 sqft
2020-11-01 0 days 1,516 sqft
2020-12-01 0 days 1,494 sqft
2021-01-01 0 days 1,504 sqft
2021-02-01 0 days 1,475 sqft
2021-03-01 0 days 1,479 sqft
2021-04-01 0 days 1,534 sqft
2021-05-01 0 days 1,650 sqft
2021-06-01 0 days 1,671 sqft
2021-07-01 0 days 1,610 sqft
2021-08-01 0 days 1,594 sqft
2021-09-01 0 days 1,589 sqft
2021-10-01 0 days 1,563 sqft
2021-11-01 0 days 1,566 sqft
2021-12-01 0 days 1,557 sqft
2022-01-01 0 days 1,554 sqft
2022-02-01 0 days 1,650 sqft
2022-03-01 0 days 1,604 sqft
2022-04-01 0 days 1,598 sqft
2022-05-01 0 days 1,621 sqft
2022-06-01 0 days 1,584 sqft
2022-07-01 0 days 1,536 sqft
2022-08-01 0 days 1,543 sqft
2022-09-01 0 days 1,528 sqft
2022-10-01 0 days 1,521 sqft
2022-11-01 0 days 1,521 sqft
2022-12-01 0 days 1,532 sqft
2023-01-01 0 days 1,535 sqft
2023-02-01 0 days 1,552 sqft
2023-03-01 0 days 1,605 sqft
2023-04-01 0 days 1,626 sqft
Key West's median listing age (time on market) for 2023-04-01 was 0 days.

Key West's median square footage for active listings during the 2023-04-01 period was 1,626 sqft. One year prior, the average listing was 1,598 sqft.

Key West, FL Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,464 $1,242,850,000 $848,941
Cash Out Refi 386 $250,100,000 $647,927
Refi 327 $186,225,000 $569,495
Other 164 $126,270,000 $769,939
Home Improvement 145 $51,095,000 $352,379

Key West's most frequently cited loan purpose was Home Purchase, with 1,464 originations. The 2nd most popular reason was Cash Out Refi, with 386 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 682 $507,030,000 $743,446
4-5% 552 $425,690,000 $771,178
5-6% 426 $280,210,000 $657,770
2.5-3% 278 $219,600,000 $789,928
6-7% 247 $162,065,000 $656,134
7-8% 116 $67,400,000 $581,034
<2.5% 95 $129,125,000 $1,359,211
Over 8% 71 $43,575,000 $613,732

During 2022, Key West's most frequently originated rate bucket was 3-4%, with 682 originations.

Loan Sizing (Key West, FL MSA)

Loan Size Originations Total Value Average Loan
$600k-1000k 695 $515,505,000 $741,734
$400k-600k 636 $317,510,000 $499,230
$200k-400k 512 $152,970,000 $298,770
$Over $1MM 431 $845,955,000 $1,962,773
$100k-200k 140 $19,940,000 $142,429
$100,000 or less 72 $4,660,000 $64,722

Key West's loan sizing saw the bucket of loans from $600k-1000k with 695 originations, totaling $515,505,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 862 $793,330,000 $920,336
80-100% 584 $461,550,000 $790,325
40-60% 427 $333,495,000 $781,019
20-40% 301 $161,765,000 $537,425
Under 20% 230 $46,250,000 $201,087
Over 100% 42 $27,480,000 $654,286

Key West's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 862 originations, totaling $793,330,000 in origination value.