Keystone Point Real Estate Trends: November 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 30 homes for sale (compared to 22 a year ago the same month):
- Highest priced listing is $8 Million for the home under construction at 13085 Coronado Ter – a 7 bedroom / 7.5 bathroom home with 75′ of water frontage and estimated completion of Q1 2025. ($1,243/Sq.Ft.)
- Lowest priced listing
$1,245,000$1,250,000$1,249,000 for the 3 bedroom / 2 bathroom home on a dry lot (non-waterfront) at 1990 Keystone Blvd – currently listed for $1,245,000 ($834/Sq.Ft.) - Pending Sales (Properties under contract): 3
- Median Sales Price in November: $5,450,000 with only one sale (compared to $2.5 Million in November of 2022)
- Closed Sales in November: 1 (compared to 2 in November 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 November for homes on the water was $883 with only one sale, compared to $1,172 in November of 2022. Other month averages as follows:
- October’s average $670
- September’s average $969
- August’s average $1,463 (1 sale)
- July’s average $982 (1 sale)
- 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 17 months of inventory at the current rate of sales
- Average discount is 11%
- Average sales price is $3.6 Million
- Price-range moving the most is above $2 Million
- Buyers are mostly domestic but now also coming from Argentina and Colombia
- 80% of all owners are primary owners (live at the property)
- 6.7% of sales have seller’s contributions averaging $50,000