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Keystone Point Real Estate - monthly market report - April 2021

Ines Hegedus-Garcia
ines@miamism.com

How is the Keystone Point Real Estate Market Doing?

There are currently 14 homes for sale (compared to 13 last month):

  • Highest priced listing $8.9 Million - brand new construction at 2213 Keystone Blvd, with 350' of water frontage, 22,967 SF lot - 5 bedrooms / 6 bathrooms, 6,259 SF ($1422/SF)
  • Lowest priced listing $939,000 for the non-waterfront 3/2 at 12479 Keystone Rd ($384/SF)
  • Pending Sales (Properties under contract): 20
  • Median Sales Price in April: $1,485,000
  • Closed Sales in April: 7 (compared to 8 in March)

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

What sold in Keystone Point last month?

For a list of all properties sold in April, please email us at Keystone@miamism.com

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

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 $687, compared to:

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

Top 3 Sales in Keystone Point in April (by square footage)

  • 1956 Ranch style home at 13000 N Bayshore Dr, with 3 bedrooms / 2 bathrooms, 2,133 SF on 9,375 SF lot with 75' of water frontage. Listed for $1,339,919 in March and sold for $1,480,000 ($899/SF) **cash transaction
  • 2014 modern construction located at 12565 Palm Rd, with 5 bedrooms / 4 bathrooms, 3,956 SF on 9,840 SF lot with 82' of water frontage. Listed for $2,865,000 in February and selling for $2,800,000 (708/SF)
  • Corner waterfront location at 12905 Cherry Rd with 3 bedrooms, 3 bathrooms, 2,801 SF on 10,425 SF lot with 200' of water frontage.  Listed for $1,999,999 in March and sold for $1,800,000 ($673/SF) **cash transaction

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

Keystone Point Deep Market Stats

We provide a comprehensive 3D market report with in-depth data from the last 12 months that you can download HERE.

Some key points you should know:

  • Seller's market with 3 months of inventory at current rate of sales.
  • Average Sales Price is $1.3 Million
  • Sweet spot in sales are homes priced between $1-2 Million
  • 47.7% of all purchase are cash
  • 74.6% of all purchases are for primary residences
  • Average discount is 7% for all purchases in the last 12 months

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT


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