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Strong Dollar Hurts Key Biscayne Real Estate Market

November 11th, 2016 Written By Riley Smith

Key Biscayne’s real estate market relies heavily on international buyers and investors. The strong dollar during 2016 has significantly impacted the number of sales as well as property values this year. Take a look at the charts below for single-family homes and condos. You can see that there will be far fewer sales in both segments of the market as well as lower overall prices.

Key Biscayne Single-Family Home Data:

Key Biscayne Real Estate Data

Key Biscayne Real Estate Data

Key Biscayne Condo Data:


Key Biscayne Condo Data

If you are interested in working with Realtors who track the market and specialize on Key Biscayne, please contact us. We can be reached anytime at 305-342-1623 or by filling out our contact page here.

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