Lido Key Real Estate & Homes for Sale

In May 2025, Lido Key’s housing market saw substantial price growth, with home prices up 73.8% year-over-year to a median of $1.8M, highlighting strong demand for luxury properties. Homes are selling much faster, averaging 35 days on the market compared to 74 days last year, indicating increased buyer urgency for high-value listings. However, total sales declined to 14 from 19 last year, suggesting that while premium properties are moving quickly, overall buyer activity may be limited due to higher prices or reduced inventory.

Lido Key is not very competitive, with homes typically selling in about 43 days and averaging around 9% below list price, giving buyers significant negotiating power. Multiple offers are uncommon, and even hot homes—those in desirable locations or priced attractively—generally sell for about 5% below asking and go pending in around 18 days. This slower pace and pricing flexibility make it favorable for buyers looking to secure luxury properties at reduced prices.

Lido Key is a buyer’s market in June 2025, meaning there are more homes available than buyers actively purchasing. This gives buyers strong leverage to negotiate prices and terms, with many properties selling below asking price. Sellers may need to reduce prices or offer incentives to attract interest, making it an ideal time for buyers to secure luxury homes in this high-demand coastal area at more favorable deals.