$4,334 Closing Credit*
$364,998
1,069 SqFt
2 Beds
•2 Full Baths
Rocio Montoya, Listing Office: Dream Land Group
Is Biscayne Point, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Biscayne Point was a Neutral Market.
Key Takeaway
Biscayne Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Biscayne Point, FL
How much do homes in Biscayne Point, FL cost?
Median Sold Price
$722,500
$578/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$335,000(+86.5%)
Key Takeaway
Homes in Biscayne Point have sold for 86.5% more than they did a year ago.
Summary: The median home sold price in Biscayne Point was $722,500 in November 2024, up 86.5% from last year, and the median price per square foot was $578.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $211.7K | +8.6% |
| 2 Bedrooms | $351K | $320K | -8.8% |
| 3 Bedrooms | $1.6M | $2.1M | +31.2% |
| 4 Bedrooms | $2.2M | $3.1M | +42.0% |
| 5+ Bedrooms | $5.2M | $10.6M | +102.9% |
Summary: Biscayne Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 31.2%, 4 bedroom homes increased by 42%, and 5+ bedroom homes increased by 102.9%.
Housing Supply in Biscayne Point, FL
How many homes are available in Biscayne Point, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 40 | +2.6% |
Summary: The Biscayne Point real estate market had 40 homes for sale in November 2024, a 2.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Biscayne Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was 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 Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Biscayne Point in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Biscayne Point, FL
How long does it take to sell a home in Biscayne Point, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 6 Days | -37.9% |
Summary: Homes in Biscayne Point had an average of 6 days on market in Nov 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Biscayne Point are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Biscayne Point; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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