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Keystone Point Real Estate Trends Report: Comprehensive May 2024 Analysis
How is the Keystone Point Real Estate Market Doing?
There are currently 32 homes for sale (compared to 25 a year ago):
- Highest priced listing is $15.8 Million for the 6 bedroom / 8 bathroom / 2 half bath home at 13390 Biscayne Bay Dr. This 2023 new construction home has 14,258 Sq.Ft. of living space, sites on 14,258 Sq.Ft. lot with 163′ of water frontage and 70′ glass pool. ($1,108/Sq.Ft.)
- Lowest priced listing is
$1.289$1.249 Million for the dry-lot home at 12560 Alamanda Dr with 3 bedrooms / 2 bathrooms, 1,664 Sq.Ft. on 9,375 Sq.Ft. lot ($775/Sq.Ft. $751/Sq.Ft.) - Pending Sales (Properties under contract): 3
- Median Sales Price in May: $2,650,000 (compared to $2,637,500 in May of 2023)
- Closed Sales in May: 4 (compared to 2 in May of 2023)
What is the average price per square foot in Keystone Point?
The average sold price per square foot in Keystone Point in May for homes on the water was $1,140, compared to $1.080 in May of last year with one sale. Previous averages as follows:
- April’s average $966
- March’s average $1,413 (one sale)
- February’s average $1,259 (one sale)
- January’s average $1,483 (one sale)
- 2023’s average of $1,008/SF
- 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.
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- Buyer’s market with 11 months of inventory at the current rate of sales
- Average discount is 10%
- Average sales price is $3.1 Million
- Price-range moving the most is above $2 Million and most inventory is also above $2 Million
- 67.7% of all deals are CASH transactions
- 90.3% of all owners are primary owners (live at the property)
DOWNLOAD KEYSTONE POINT MARKET REPORT
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