$10,000 Closing Credit*
$950,000
1,094 SqFt
2 Beds
•2 Full Baths
Geraldine Di Lorenzo, Listing Office: Optimar International Realty
Is Biscayne Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Biscayne Park has remained a Buyer's Market.
Key Takeaway
Biscayne Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Biscayne Park, FL
How much do homes in Biscayne Park, FL cost?
Median Sold Price
$870,000
$588/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$205,000(-19.1%)
Key Takeaway
Homes in Biscayne Park have sold for 19.1% less than they did a month ago.
Summary: The median home sold price in Biscayne Park was $870,000 in November 2024, down 19.1% from last month, and the median price per square foot was $588.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $960K | $870K | -9.4% |
| 3 Bedrooms | $1.0M | $740K | -29.0% |
| 4 Bedrooms | $1.1M | $2.2M | +89.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Biscayne Park housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.4%, 3 bedroom homes decreased by 29%, 4 bedroom homes increased by 89.1%, and 5+ bedroom homes did not change.
Housing Supply in Biscayne Park, FL
How many homes are available in Biscayne Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 28 | 0.0% |
Summary: The Biscayne Park real estate market had 28 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Biscayne Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Biscayne Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Biscayne Park in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Biscayne Park, FL
How long does it take to sell a home in Biscayne Park, FL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 73 Days | +151.7% |
Summary: Homes in Biscayne Park had an average of 73 days on market in Nov 2024, up by 151.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Biscayne Park has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Biscayne Park; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.