It was a great year for real estate on Key Biscayne in 2014. Overall, values increased in both the single family home market as well as the condo market. There were a total of 299 transactions amounting to $477,160,043 in volume (compared to the previous year with 327 sales and $433,705,000 in volume). There were 10 waterfront homes sold during 2014.
New to the Key Biscayne real estate market this year were the condo sales at Oceana, Key Biscayne’s newest luxury condo project. Many of the units closed off of the MLS but there were 3 recorded sales which ranged in price from $2,900,000 to $8,500,000.
Check out our infographic below which highlights a few of the important figures from 2014:
If you are looking for a Realtor who specializes in Key Biscayne real estate, please don’t hesitate to contact us. We study and analyze the market so that our clients make informed and confident decisions. If you are interested in contacting us, please send us a message here.
