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Keystone Point Real Estate Trends: March 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 27 homes for sale (compared to 16 a year ago):

  • Highest priced listing $13.9 Million for the brand new construction at 13390 Biscayne Bay Drive with 6 bedrooms / 9 bathrooms, 8,200 Sq.Ft. of living space, 14,258 Sq.Ft. lot and 163′ of water frontage.  ($1,695/Sq.Ft.)
  • Lowest priced listing $1,370,000 $1,299,000 for the dry lot home at 2052 Alamanda Dr with 3 bedrooms / 2 bathrooms, 1,288 Sq.Ft. on 9,375 Sq.Ft. lot ($1,063/Sq.Ft. $1,009/Sq.Ft.)
  • Pending Sales (Properties under contract): 6
  • Median Sales Price in March: $1.9 Million  (compared to $2,552,000 in March of 2022)
  • Closed Sales in March 1 (compared to 6 in March 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 March for homes on the water was $941(with only one sale), compared to $1,076 in March of 2022.

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 Real Estate Stats by Miamism

  • Buyer’s market with 10 months of inventory at the current rate of sales
  • Average sales price is $2.8 Million
  • Price-range moving the most is above $2 Million
  • Buyers are mostly domestic but now also coming from Argentina, Brazil and Canada
  • Primarily a CASH market

DOWNLOAD KEYSTONE POINT MARKET REPORT

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