Keystone Point Real Estate Market Report – February 2025 Trends & Analysis
Keystone Point’s real estate market is showing some key trends that buyers and sellers should pay attention to. If you’re thinking about making a move, understanding the data can help you make smart decisions. Let’s break it down—straight to the point.
🚨 Sellers, Are You Overpricing?
There’s a $1.7 million gap between what sellers are asking ($5.0M) and what buyers are actually paying ($3.3M). That’s a big difference. If your home isn’t getting offers, it may be time to revisit your pricing strategy. The homes that are selling? They’re priced realistically.
💰 Buyers, Negotiation is Your Advantage
On average, properties are selling 10% below asking price, meaning negotiation is essential. Plus, active listings are priced $383 higher per square foot than sold properties. This suggests that some sellers may have set their expectations too high. Make sure you’re paying fair market value, not an inflated price.
🏡 Market Activity & Turnover
Out of 815 total households, there were only 24 closed sales in the past year—a low turnover rate of about 2.9%. This suggests that Keystone Point is a long-term home for many residents. With 36 active listings, the market is leaning toward an oversupply, giving buyers more options.
⏳ Market Pace
Sold properties took an average of 135 days to close, while current listings have been sitting on the market for about 104 days. The market is moving slowly, giving buyers plenty of time for due diligence.
📈 Market Size & Opportunity
While Keystone Point’s market is high-value, the low turnover means agents and sellers need to be strategic in positioning properties for a successful sale.
What’s Your Next Move?
Sellers: If your home isn’t selling, it might be priced too high. Let’s make sure it’s positioned correctly to attract buyers.
Buyers: There are opportunities out there, and the numbers show that negotiation is on your side. Let’s make sure you secure the best deal.
At Miamism, we simplify the process and bring clarity to the market. Whether you’re selling or buying, we’re here to guide you every step of the way. Contact us today! 🚀🏡