Property prices for sale in Key Biscayne (Florida)

The prices in real estate in Key Biscayne, in the Florida region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Key Biscayne has increased during the last 6 months. In September, the average price per sq.feet was $2,633. In October this price pretty much remained the same at a value of $2,651 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 132 %. The price per sq.feet has decreased 88 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $3,066 to $2,690.5 during January, and February.

Average price

Based upon to the price in Key Biscayne (cities), this has gone downing the last 6 months. The average price during our first sample month during September, is $2,527,661. During October the price went through a considerable rise reaching $2,923,485. During the following two months (November, December) the average price fell 89 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,580,379.75 to $2,079,684.5, which means a 81 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,126,113 they are 61 % more affordable than the average price for Key Biscayne. The properties with the highest average price have 4 bedrooms, Their price is 138 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,653,836.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $817 / sq.feet, with an average $2,333 / sq.feet price in Key Biscayne. The properties with the lowest average prices have 4 bedrooms. They are 43 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,112 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,126,113 it is 99 % cheaper than the average price in Key Biscayne. "Condo" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $3,007,700 it is 98 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $6 / sq.feet followed by "Condo" priced at $1,015 / sq.feet. "Villa" is the most costly type of property with a $14,772 / sq.feet cost followed by "House" with an average price of $6,124 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Key Biscayne
Number of properties used in region Florida
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value