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Keystone Point Real Estate Trends: September 2023 Market Analysis and Insights

We prepare a Keystone Point Real Estate market report on a monthly basis and publish it on the third week of each month, reflecting data from the previous month. Contact us if you would like to receive this directly in your inbox and can unsubscribe any time.

How is the Keystone Point Real Estate Market Doing?

There are currently 23 homes for sale (compared to 17 a year ago the same month):

  • Highest priced listing is $8.3 Million for the 4 bedroom 3.5 bathroom home at 13255 Biscayne Bay Dr. with 5,040 Sq.Ft. of living space, on a 15,270 Sq.Ft. lot with 102′ of open bay frontage. ($1,647/Sq.Ft)
  • Lowest priced listing $1,245,000 for the 3 bedroom / 2 bathroom home on a dry lot (non-waterfront) at 1990 Keystone Blvd – currently listed for $1,245,000 ($834/Sq.Ft.)
  • Pending Sales (Properties under contract): 3
  • Median Sales Price in September: $2,650,000 (compared to $3,547,500 in September of 2022)
  • Closed Sales in September: 2 (compared to 4 in September of last year)

What is the average price per square foot in Keystone Point?

The Average sold price per square foot in Keystone Point in September for homes on the water was $969, compared to $1,065 in September of 2022. Other month averages as follows:

  • August’s average $1,463 (1 sale)
  • July’s average $982 (1 sale)
  • June’s average $856
  • May’s average $1,080
  • April’s average $959 (1 sale)
  • March’s average $941 (1 sale)
  • February’s average $1,190 (1 sale)
  • January’s average $820 (1 sale)
  • 2022’s average of $1,052/SF

Keystone Point Real Estate Micro-Stats

Feel free to download our complete market report for the last 12 months, showing micro-stats for Real Estate Keystone Point.

  • Buyer’s market with 10 months of inventory at the current rate of sales
  • Average sales price is $3.2 Million
  • Price-range moving the most is above $2 Million
  • Buyers are mostly domestic but now also coming from Argentina, Brazil and Colombia
  • 77.8% of all owners are primary owners (live at the property)
  • 16.7% of sales have seller’s contributions averaging $33,000

DOWNLOAD KEYSTONE POINT MARKET REPORT

The post Keystone Point Real Estate Trends: September 2023 Market Analysis and Insights appeared first on Miamism.



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