Weakness persisted in the real estate market in Key Biscayne during November of 2019. Key stats as follows:

  • Total number of properties sold decreased by 42% from November 2018 to November 2019
  • Inventory remained flat from November 2018 to November 2019
  • Inventory absorption worsened from 22 months worth of inventory during November 2018 to 36 months during November 2019