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Single Family Home Values Rise By 9% In 2015 On Key Biscayne

October 16th, 2015 Written By Riley Smith

Home for sale on Key Biscayne, FL

Although the number of single family home sales has dropped slightly on Key Biscayne this year, the average “sale price per square foot” has risen by 9% ($876 in 2014 to $957 in 2015).

So far in 2015, there have been 9 waterfront home sales which closed at an average sale price $6,656,000 and there have been 40 non-waterfront home sales which closed at an average sale price $2,614,000.

The highest sale price on Key Biscayne to date is $10,550,000 while the least expensive came in at $1,600,000 (sold for land value, non-waterfront).

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. 

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