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Key Biscayne

172 active listings · updated nightly · snapshot 2026-W32

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ALERTS

Price drops — daily

New listings — weekly

SAVE A MARKET

MEDIAN SALE PRICE

$1.5M

▲ 3.4% YoY

MEDIAN $/SF

$990

▲ 11.0% YoY

ACTIVE INVENTORY

172

for sale

DAYS ON MARKET

95

▼ 24 days YoY

MONTHS OF SUPPLY

6.4

active ÷ 30d sales

MARKET PULSE

0.13

Buyer's market

Price cuts (trailing 30d): 16 · 9.3% of active · maturing to a full 30-day share

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERS EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$2.75M$2M$1.25M$1.29MAugOctDecFebAprJun

MARKET PULSE

key-biscayne

Buyer'smarket Seller'smarket 01.0 0.13

BUYER'S ADVANTAGE

Today 0.13 · Miami-Dade County 0.18

MARKET SUMMARY · 12 MONTHS

Median sale price$1.5M
Median $/SF$990
Median days on market95
Total sales (12mo)28
New listings (12mo)21
Sold ÷ list price95.0%
Sold below list79%
Sale-to-just-value
Owner-occupied

TIER HEALTH · NEW VS. ABSORBED

TIERMEDIANNEWABS.BALANCE
$5M+$8.95M33BALANCED
$2–5M$3.47M73BUILDING 2.3:1
$1–2M$1.37M413SUPPLY-STARVED
Under $1M$743K38SUPPLY-STARVED

Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

Owner-occupied (homestead)

Sale-to-just-value ratio

Homes sold, 10-yr

Effective tax rate

Median holding period & effective tax rate: modeling in progress — no levy or mortgage field in the county deed records yet, so we show “—” rather than an estimate.

TOP NBHDS · MEDIAN PRICE

Cape Florida$11.6M
Tropical Isle Homes$6.72M
Biscayne Key Estates$5.34M

NBHDS PERFORMANCE · $/SF

Cape Florida$1,949
Tropical Isle Homes$1,723
Biscayne Key Estates$1,547

RENTAL MARKET for-lease · separate from the for-sale figures above

$8,100/mo

Median asking rent

196

Active rentals

45

New listings (30d)

84

Median days on market

MARKET NARRATIVE

The for-sale market in Key Biscayne, Miami-Dade County, is carrying 172 active listings this week at a median list price of $2,862,500. Fresh supply arrived over the past month — 17 new listings — against 23 pending sales, putting the market pulse at 0.13, a buyer's market. Homes are taking a median of 95 days on market. For context, Miami-Dade County runs at a 0.18 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · KEY BISCAYNE

How much do homes cost in Key Biscayne?

The median sale price in Key Biscayne is $1.5M over the trailing 90 days, and the median list price is $2,862,500.

Is Key Biscayne a buyer's or seller's market?

Key Biscayne is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.13; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Key Biscayne?

There are 172 active for-sale listings in Key Biscayne as of snapshot 2026-W32, updated weekly.

How long do homes take to sell in Key Biscayne?

Homes in Key Biscayne spend a median of 95 days on market.

What is the price per square foot in Key Biscayne?

The median list price per square foot in Key Biscayne is $990.

Are home prices in Key Biscayne rising or falling?

The median sale price in Key Biscayne is $1.5M, up 3.4% year over year and the median price per square foot is up 11.0%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does Key Biscayne have?

Key Biscayne has about 6.4 months of supply — active for-sale listings divided by the most recent 30 days of closed sales. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W32.