keystone point RE by miamism

Keystone Point Real Estate Trends: July 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 21 homes for sale (compared to 18 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): 4
  • Median Sales Price in July: $3,009,141 (compared to $2.4 Million in July of 2022)
  • Closed Sales in July: 3 (compared to 4 in July 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 July for homes on the water was $1,463 compared to $1,253 in July of 2022. Other month averages as follows:

  • 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.

Keystone Point North Miami Real Estate Stats

  • Buyer’s market with 9 months of inventory at the current rate of sales
  • Average sales price is $3.3 Million
  • Price-range moving the most is above $2 Million
  • Buyers are mostly domestic but now also coming from Argentina, Brazil and Colombia
  • 78.9% of all owners are primary owners (live at the property)

DOWNLOAD KEYSTONE POINT MARKET REPORT

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