Key Biscayne, Florida Real Estate Update January 2009

Single Family Homes

  • Total single family sales in January 2009: 0

Pending Sales: 3 total, none of which are water front

Active: 140 of which 27 are water front

Price Range for Active:  Non-Water: $5,450,000 – $950,000  Water front: $19,900,000 – $2,925,000

Condos – Closed Sales

  • Total condos sales in January 2009: 7
  • Highest Sales Price: $1,835,000 for a 3,120 square foot unit in Casa del Mar
  • Lowest Sales Price: $460,000 for a 1,600 square foot unit in Key Colony
  • 5 of the sales were in water front buildings

Pending Sales: 16 total, 12 of which are in water front buildings.

Active: 378 of which 261 are in water front buildings

Price Range for Active:  Non-Water: $2,900,000 – $90,000 (to be sold at auction) Water front: $7,800,000 – $245,000

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Jennifer Wollmann

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