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Keystone Point Real Estate Trends Report: Comprehensive April 2024 Analysis

How is the Keystone Point Real Estate Market Doing?

There are currently 34 homes for sale (compared to 26 a year ago):

  • Highest priced listing is $15.8 Million for the 6 bedroom / 8 bathroom / 2 half bath home at 13390 Biscayne Bay Dr.  This 2023 new construction home has 14,258 Sq.Ft. of living space, sites on 14,258 Sq.Ft. lot with 163′ of water frontage and 70′ glass pool. ($1,108/Sq.Ft.)
  • Lowest priced listing is $1.289 $1.249 Million for the dry-lot home at 12560 Alamanda Dr with 3 bedrooms / 2 bathrooms, 1,664 Sq.Ft. on 9,375 Sq.Ft. lot ($775/Sq.Ft. $751/Sq.Ft.)
  • Pending Sales (Properties under contract): 3
  • Median Sales Price in April: $2,800,000 (compared to $1.992 Million in April of 2023)
  • Closed Sales in April: 5 (compared to 2 in April of 2023)

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

The average sold price per square foot in Keystone Point in April for homes on the water was $966, compared to $959 in April of last year with one sale. Previous averages as follows:

  • March’s average $1,413 (one sale)
  • February’s average $1,259 (one sale)
  • January’s average $1,483 (one sale)
  • 2023’s average of $1,008/SF
  • 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.

Keystone Point Benchmark May 2024
  • Buyer’s market with 17 months of inventory at the current rate of sales
  • Average discount is 12%
  • Average sales price is $4 Million
  • Price-range moving the most is above $2 Million
  • Buyers are mostly domestic but now also coming from Argentina, Colombia and Spain
  • 88.9% of all owners are primary owners (live at the property)

DOWNLOAD KEYSTONE POINT MARKET REPORT

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

The post Keystone Point Real Estate Trends Report: Comprehensive April 2024 Analysis appeared first on Miamism.



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Keystone Point Real Estate Trends Report: Comprehensive April 2024 Analysis

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