While statistically things have not improved much in the real estate market in Key Biscayne during Sept. 2019, inventory has dropped to its lowest level in during the last 12 months. Key stats as follows:

  • Inventory dropped by 4.5% from September 2018 to September 2019
  • Total # of properties sold decreased by 17% from September 2018 to September 2019
  • Inventory absorption worsened from 24 months worth of inventory during Sept. 2018 to 27 months during Sept. 2019