Property prices for sale in Key Biscayne (Florida)
The prices in real estate in Key Biscayne, in the Florida region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Key Biscayne has remained the same in the last 6 months. In October, the average price per sq.feet was $4,614. In the following month the price per sq.feet decreased to $4,248. The price for the following two months in (December, January) decreased 95 % with regard to the prior two months. The price per sq.feet has increased 114 % 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 $4,318 to $4,939 during February, and March.
Based upon to the price in Key Biscayne (cities), this has gone downing the last 6 months. The average price for October is $2,502,400. During November the price had a slight fall till $2,176,080. In the following two months the average price has remained the same with regard to the previous two months from $2,339,240 to $2,400,241.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $2,369,740.75 to $2,030,267.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,023,217 they are 66 % more affordable than the average price for Key Biscayne. The properties with the highest average price have 4 bedrooms, Their price is 112 % more costly than the average. After that we have properties with 3 bedrooms priced at $2,684,091.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $787 / sq.feet, with an average $6,131 / sq.feet price in Key Biscayne. The properties with the lowest average prices have 4 bedrooms. They are 76 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,159 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $2,023,217 it is 85 % 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 $2,285,344 it is 247 % 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 $229 / sq.feet followed by "Condo" priced at $982 / sq.feet. "Villa" is the most costly type of property with a $19,399 / sq.feet cost followed by "House" with an average price of $8,906 / sq.feet.
