ANDRES JARA · REAL ESTATE

33149 Key Biscayne Real Estate Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, ZIP 33149 has 144 active listings at a median list price of $2.6M ($1,221 per sqft). 226 homes closed in the past 12 months at a median sold price of $1.7M, implying 7.6 months of supply. Homes here sell for about 94.7% of list price.

Homes sold for a median 93.4% of their original asking price (95.0% of the final list price), went under contract in a median 68 days and closed in 114. 69% of buyers paid cash, 29% financed and 2% did not disclose.

Based on MLS closed sales. Data current as of November 15, 2026.

How fast homes sell

Homes here sold for a median 93.4% of their original asking price (95.0% of the final list price), went under contract in a median 68 days and closed in 114.

68 days
median, listing → contract
40 days
median, contract → closing
114 days
median, listing → closing
% of original ask93.4%
% of final list price95.0%

87% of homes (197 of 226) sold below their original asking price. Based on 226 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 222 buyers whose financing was recorded, 70% paid cash. Across all 226 sales of homes: 69% cash, 29% financed and 2% not disclosed.

Cash69.0%156 sales
Financed (mortgage or other loan)29.2%66 sales
Not disclosed1.8%4 sales
70%
cash share of disclosed sales
98%
of sales reported how the buyer paid

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. From the MLS financing field on 226 closed sales, Nov 2025 – Oct 2026.

For Sale in ZIP 33149

144 homes & condos currently for sale · $419,000 – $237,000,000.

ZIP 33149For Sale144 for sale · $419,000 – $237,000,000
144
Homes for Sale
$419K
From
$237M
Up to
144
Active Listings
$2.6M
Median List Price
$1,221
Median $/SqFt
7.6
Months of Supply
$1.7M ▲ 17%
Median Sold (12mo)
226
Closed Sales
last 12 months
93.4%
Sold ÷ Original Ask
median, last 12 months
68
Days to Contract
median · 114 days to close
69%
Paid Cash
29% financed · 2% not disclosed

ZIP 33149 closed sales, monthly

We track every closed sale in ZIP 33149 — 226 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.

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Buyer’s Market7.6 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Pricing is in line with the Key Biscayne average on a $/sqft basis.

Median $/SqFt

ZIP 33149 · 1,855 closed sales
Median price per square foot over time$1K$900$5452020-112021-112022-112023-112024-112025-112026-11

Live market analytics for 33149 →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose PostalCode is 33149. A ZIP boundary is a postal route, not a municipal border.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=226 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.