As of Sunday 30th September 2007:
1,441 is number of all single family homes in Key Biscayne of which:
106 or 7.4% are active for sale of which:
19 or 17.9% are on the water or with water access.
87 or 82.1% are not on the water.
$38,500,000 is the most expensive property for sale
$ 1,099,000 is the least expensive property for sale
For those 18 properties active for sale ON THE WATER and/or WITH WATER ACCESS we have the following statistics:
$10,338,421 Ave. Asking Price
5,466 Ave. Adj. Sq. Ft.
$1,731 Ave. Price for Adj. Sq. Ft.
308 Ave. Days on Market
6.75% Ave. Discount from original listing price.
For those 89 properties active for sale NOT ON THE WATER we have the following statistics:
$2,560,269 Ave. Asking Price
3,358 Ave. Adj. Sq. Ft.
$792 Ave. Price for Adj. Sq. Ft.
253 Ave. Days on Market
4.1% Ave. Discount from original listing price.
For a copy of the complete report click here cma_key_biscayne_as_of_26sep07.pdf
I welcome your comments at: michael.schnabel@mac.com
