Key Biscayne Real Estate – Aug. 2018

Continued Improvements

Real Estate activity in Key Biscayne continued to improve on a Year-on-Year statistical basis during August 2018 as sales improved by 42% from August 2017.  Key stats as follows:

  • Total Inventory barely rose by 1% from Aug. 2017 to Aug. 2018
  • Total sales rose by 42% from Aug. 2017 to Aug. 2018
  • Inventory absorption improved from 33 months worth of inventory during Aug. 2017 to 24 months during Aug 2018