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Keystone Point Real Estate - monthly market report - Jan 2021

Ines Hegedus-Garcia
ines@miamism.com

How is the Keystone Point Real Estate Market Doing?

There are currently 15 homes for sale:

  • Highest priced listing $8.9 Million - brand new construction at 2213 Keystone Blvd, with 350' of water frontage, 22,967 SF lot - 5 bedrooms / 6 bathrooms, 6,259 SF ($1422/SF)
  • Lowest priced listing $614,900 - dry lot home at 1945 Alamanda Dr with 3 bedrooms / 3 bathrooms, 1,849 SF on 8,400 SF lot. ($333/SF)
  • Pending Sales (Properties under contract): 14
  • Median Sales Price in January: $1,640,000
  • Closed Sales in January: 4

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

What sold in Keystone Point last month?

For a list of all properties sold in January, please email us at Keystone@miamism.com

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

What is the average price per square foot in Keystone Point?

The average sold price per square foot in Keystone Point in January for homes on the water was $542, compared to:

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

Top 3 Sales in Keystone Point in January (by square footage)

  • Beautifully remodeled 1955 home at 2085 Ixora Rd, with 4 bedrooms / 4 bathrooms, 2,666 SF on 8,550 SF lot with 75' of water frontage. This home was listed for $1.445 Million in October of 2020 and sold for full-price at highest price per square foot in January ($623/SF)
  • Big Pie shaped lot at 12940 Coronado Ter with 220' of water frontage, 14,792 SF lot.  Home has 5 bedrooms / 4 bathrooms and 3,588 SF.  Listed for $1,810,000 in December and sold for $1,660,000 ($520SF) **cash transaction
  • 60's home with 3 bedrooms / 2 bathrooms, 2,391 SF on 9,375 SF lot with 75' of water frontage. Listed for $1,150,000 in March of 2020 and sold for $985,000 ($515/SF) **cash transaction

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT

Keystone Point Deep Market Stats

We provide a comprehensive 3D market report with in-depth data from the last 12 months that you can download HERE.

Some key points you should know:

  • Hot Seller's market with 3 months of inventory at current rate of sales.
  • Average Sales Price is $1.4 Million
  • Sweet spot in sales are homes priced between $1-2 Million
  • 50% of all purchase are cash
  • 65.9% of all purchases are for primary residences

DOWNLOAD MIAMISM 3D MARKET ANALYZER REPORT


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