Keystone Point Real Estate Trends: August 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 22 homes for sale (compared to 19 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 $1,260,ooo for the 2 bedroom / 2.5 bathroom, dry lot home at 1900 Keystone Blvd. with 1,443 Sq.Ft. of living space, on 8,846 Sq.Ft. Lot ($873/Sq.Ft.)
- Pending Sales (Properties under contract): 3
- Median Sales Price in August: $3,009,141 (compared to $1.6 Million in August of 2022)
- Closed Sales in August: 3 (compared to 1 in August 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 August for homes on the water was $1,463 (with only one sale), compared to $1,190 in August of 2022. Other month averages as follows:
- July’s average $1,463
- 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 11 months of inventory at the current rate of sales
- Average sales price is $3.1 Million
- Price-range moving the most is above $2 Million
- Buyers are mostly domestic but now also coming from Argentina, Brazil and Colombia
- 81.3% of all owners are primary owners (live at the property)
- 18.8% of sales have seller’s contributions averaging $33,000