Key Biscayne, FL
Housing market overview · Updated weekly
$1.91Mmedian sale price
Homes sold
17
Last 12 weeks
Days on market
93
Average pace
Active listings
131
7.7 months supply
Sale-to-list
94.2%
Below asking
The Key Biscayne housing market is currently classified as a buyer's market with a median sale price of $1.91M. Prices have risen 44.7% compared to last year, with homes spending an average of 93 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Key Biscayne
There are currently 131 homes listed for sale in Key Biscayne, Florida. The median listing price is $2.0M.
Active listings
131
Homes on market
Median list price
$2.0M
Avg. days on market
93
Days until sale
New this week
34
Newly listed
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Frequently asked questions
What is the average home price in Key Biscayne?
The median home sale price in Key Biscayne is $1.91M, up 44.7% from last year.
How long do homes stay on market in Key Biscayne?
Homes typically spend 93 days on market before going under contract.
Is Key Biscayne a buyer's or seller's market?
With 7.7 months of supply, Key Biscayne is currently a buyer's market.
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