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Key Biscayne Home Values and Market Report

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Report prepared by Miranda-realgeeks.com
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Market at a glance

Over the last 12 months, homes sold for 94.6% of list price in 116 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $3.92M Sold · $3.65M
$4.1M$3.3M$2.5M$1.7M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 29 sales in Jul. Last month: 10.

Where the market stands

All homes in this report, by status.

404homes
Active152 · 38%
Under contract21 · 5%
Sold (12 mo)231 · 57%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$5.85M
Under contract$3.17M
Sold$2.63M

Average days on market

Active137 days
Under contract139 days
Sold116 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 152
Average list price $5,850,865
Avg. days on market 137 days
Avg. price per ft² $1,609 Based on 146 of 152 homes
Avg. living area 2,549 ft² Based on 146 of 152 homes
Avg. beds / baths 3.1 / 3.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

6 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$30M$20M$10M$0

Price vs. living area: 144 homes plotted, up to $30M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

8 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

485 W Matheson Dr$20,558
631 N Mashta Drive$8,203
544 Warren Ln$7,662
520 S Mashta Dr$5,996
640 S Mashta Dr$4,640
799 Crandon Blvd Unit #PH-8$4,051
350 Ocean Dr Unit #LPH2N$3,757

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
455 Grand Bay Dr Unit #323Key Biscayne, FL 33149 11849$2,200,000$2,59171 days
960 Mariner DrKey Biscayne, FL 33149 6107,742$19,450,000$2,5125 days
251 Crandon Blvd Unit #525Key Biscayne, FL 33149 221,532$1,495,000$9755 days
251 Crandon Blvd Unit #304Key Biscayne, FL 33149 221,532$1,695,000$1,1065 days
1080 Mariner DrKey Biscayne, FL 33149 676,468$19,750,000$3,0537 days
300 Galen Dr Unit #401Key Biscayne, FL 33149 22965$520,000$5387 days
251 Crandon Blvd Unit #806Key Biscayne, FL 33149 232,220$2,900,000$1,3069 days
445 Grand Bay Drive Unit #PH-2AKey Biscayne, FL 33149 467,400$12,990,000$1,7559 days
765 Crandon Blvd Unit #311Key Biscayne, FL 33149 332,602$2,950,000$1,13320 days
Address not availableKey Biscayne, FL 33149 —1410$419,000$1,02121 days
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