Key Biscayne Real Estate Market Sees Home Sales Fall

The Key Biscayne market stayed sluggish with 10 homes sold in the last 30 days, a 16.7% sales drop. Within the same time frame, Miami had 211 sales, the most of all cities in the area. Prices are rising in Key Biscayne, and the median sales price this period increased from $1,375,000 to $1,930,000. With decreasing sales and the availability of 35 months of inventory, Key Biscayne is a definite buyer's market.

Great homes don't last long in the market, so make sure you take a look at the newest listings in Key Biscayne:

$2.6M   $709K   $3.5M  

Get started right now by checking out Key Biscayne homes for sale or reviewing Key Biscayne real estate trends.

Demographic facts about Key Biscayne:

  • The median value of all homes in the area is $669,500.
  • This area usually gets 118 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 9.4%.
  • There are 17.0 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Coldwell Banker Residential Real Estate
Snapped 24 homes in this area
Biscayne Realty Group
Snapped 1 home in this area
Real Estate Sales Force
Snapped 3 homes in this area

Agents that specialize in this area
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