Weakness in the Key Biscayne Real Estate market persisted during the month of December 2019. Stats as follows:

  • Inventory saw a decline of 4% from December 2018 to December 2019
  • Total # of units sold decreased by 45% from December 2018 to December 2019
  • Inventory absorption worsened from 21 months worth of inventory during Dec. 2018 to 37 months during Dec. 2019