BreakThru Realty Bay Harbor Islands Housing Market Report

In the 90 days to October 20, 2026, the median single-family home in Bay Harbor Islands sold for $12,100,000 and the median condo or townhome for $665,000; 165 homes and condos are for sale. By months of inventory, both are a buyer's market. BreakThru Realty analyzes BeachesMLS data daily to track home prices, inventory, sales, days on market and market direction in Bay Harbor Islands, Florida; nothing here is typed by hand.

Bay Harbor Islands Housing Market: Key Figures

  • The median single-family home in Bay Harbor Islands sold for $12,100,000 over the last 90 days, +313.9% against the same period a year earlier.
  • The median condo or townhome sold for $665,000, +46.6% year over year.
  • Single-family homes that sold averaged 22 days on the market; condos and townhomes 129 days.
  • With 13.5 months of inventory, single-family homes are a buyer's market; condos and townhomes, at 14.6 months, are a buyer's market.
  • 165 homes and condos were for sale in Bay Harbor Islands on October 20, 2026.

Bay Harbor Islands Market at a Glance

Updated October 20, 2026 from BeachesMLS.

Single-family homesCondos & townhomes
Active listings9156
Median list price$7,249,990$1,124,500
Median list price per sq ft$2,329/sq ft$832/sq ft
Average days on market120 days171 days
Sold in the last 90 days232
Median sold price (90 days)$12,100,000$665,000
Sale price as % of list price90.1%95.3%
Months of inventory13.5 months14.6 months
Median sold price vs. a year ago+313.9%+46.6%

Source: BeachesMLS. Active listings as of October 20, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Bay Harbor Islands Home Sales by Month

Closed residential sales in Bay Harbor Islands by closing month, from BeachesMLS. The current month is partial until it closes.

MonthClosed salesMedian sold priceMedian $/sq ftAvg days to sellSale-to-list
Nov 202511$860,000$575/sq ft154 days90.6%
Dec 202514$665,000$422/sq ft233 days94.4%
Jan 20264$621,318$474/sq ft97 days91.5%
Feb 20268$685,000$446/sq ft209 days89.9%
Mar 202613$750,000$506/sq ft122 days94.9%
Apr 20268$635,000$473/sq ft186 days90.2%
May 202618$2,681,000$1,321/sq ft129 days95%
Jun 202614$860,000$529/sq ft88 days93.3%
Jul 202613$690,000$625/sq ft198 days95.5%
Aug 202616$665,000$496/sq ft116 days94.4%
Sep 20269$775,000$782/sq ft147 days93.7%
Oct 2026 (to date)6$1,732,500$923/sq ft105 days96.4%

Bay Harbor Islands Rental Market at a Glance

Updated October 20, 2026 from BeachesMLS.

  • 101homes for rent
  • $4,200/momedian asking rent
  • 9new rentals this week
  • 27leased in the last 30 days
Houses & townhomesCondos & apartments
Active rentals893
Median asking rent$8,700/mo$4,150/mo
Median rent per sq ft$4.23/sq ft$3.71/sq ft
Average days on market121 days83 days
Leased in the last 90 days1079
Median leased rent (90 days)$2,375/mo$4,200/mo
Median leased rent vs. a year ago-56%+33.3%

Source: BeachesMLS. Asking rents are active rentals as of October 20, 2026; leased rents cover leases signed in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal.

Home Prices in Bay Harbor Islands

Over the last 90 days the median single-family home in Bay Harbor Islands sold for $12,100,000 ($2,302 per square foot) and the median condo or townhome for $665,000 ($544 per square foot). Against the same 90 days a year earlier that is +313.9% for single-family homes and +46.6% for condos. Homes on the market now are asking a median $7,249,990 (single-family) and $1,124,500 (condos and townhomes). Medians describe the middle of the market; a waterfront estate and a garden condo pull in opposite directions, which is why the two segments are reported separately.

Inventory and the Pace of Sales

165 homes and condos are for sale in Bay Harbor Islands today, 9 of them listed in the last seven days, and 25 are under contract. 11 sales closed in the last 30 days. Single-family homes carry 13.5 months of inventory and condos 14.6 months, which makes the single-family side a buyer's market: under four months favours sellers, over six favours buyers. Active single-family listings have been on the market 120 days on average, condos 171 days.

Single-Family Homes vs. Condos and Townhomes

The two halves of the Bay Harbor Islands market move differently. Single-family sellers achieved 90.1% of their asking price on the typical sale in the last 90 days after 22 days on market; condo and townhome sellers achieved 95.3% after 129 days. 2 single-family homes and 32 condos and townhomes closed in that window. Condo pricing also carries the building's fees, reserves and rental rules, so a low list price in an older tower is not the same deal as a low list price on a lot.

The Last Twelve Months

134 residential sales closed in Bay Harbor Islands over the last twelve months. The whole-market median sold price moved from $860,000 in Nov 2025 to $775,000 in Sep 2026, a change of -9.9%. The month-by-month table below shows closings, median price, price per square foot and days to sell; the current month is partial until it closes.

Selling a Home in Bay Harbor Islands

A Bay Harbor Islands condo is priced by its building and its water before its square footage: a new boutique building against a mid-century one, a bay or Indian Creek exposure against a street view, a deeded boat slip, the floor, the terrace and the building's fees, reserves and assessment history. A West Island house is priced by its lot: bay or canal frontage, the seawall and dock, the elevation, and whether a buyer will keep the house or replace it, which is why two houses on the same canal can be worth very different amounts. Your buyers compare the town with Bal Harbour, Surfside, Miami Beach and Aventura, so we price from the closed sales that match your building or your lot. Begin with a free valuation drawn from recent MLS closings, move to a full comparative market analysis when you are ready to list, or ask for a guaranteed cash offer when you need to sell fast and as-is.

Investing in Bay Harbor Islands

Investors in Bay Harbor Islands usually buy one of three things: a unit in an older East Island building to renovate or lease, a residence in a new boutique building bought before or at completion, or a West Island house on the water or an interior lot to rebuild. The East Island's redevelopment is the long story here, because assembled lots of old garden apartments keep becoming new buildings and each completion resets what the older buildings beside it are measured against. A rental depends first on the building's rules: how often a unit may be leased, any minimum term and the association's approval of tenants, and then on the town's own rules on short-term rentals. A rebuild depends on the town's zoning and permits, the flood zone and the FEMA substantial-improvement rule, which requires an older home below flood elevation to be brought up to current standards once the work passes half its value. The rental pages show live Bay Harbor Islands rents, the new construction page tracks the buildings being built, and the price-reduced page tracks sellers who have cut the price.

Thinking About Selling in Bay Harbor Islands?

The median Bay Harbor Islands single-family home closed at $12,100,000 in the last 90 days and took 22 days to go under contract. Prices in your neighborhood may differ from the city average. Enter your address and a licensed broker prepares your selling options from the closed sales nearest your home.

  • The comparable sales nearest your home
  • A suggested price range, with the reasoning
  • Your estimated net proceeds
  • The marketing plan for your home
  • An open-market sale compared with a cash offer

Show Me My Selling Options

Selling in Bay Harbor Islands?

See what your home is worth from recent Bay Harbor Islands sales, the days on market and today's buyer demand. See what my home would sell for.

Buying in Bay Harbor Islands?

Every home, condo and townhome for sale in Bay Harbor Islands, straight from the MLS and updated through the day. Find my Bay Harbor Islands home.

Investing in Bay Harbor Islands?

Multifamily, rental and value-add property in Bay Harbor Islands, with the taxes, association fees and price history on every listing. Evaluate Bay Harbor Islands investments.

Bay Harbor Islands Housing Market FAQ

What is the median home price in Bay Harbor Islands?
Over the last 90 days the median sold price in Bay Harbor Islands was $12,100,000 for single-family homes and $665,000 for condos and townhomes, from BeachesMLS closings as of October 20, 2026. Homes for sale now are asking a median $7,249,990 and $1,124,500 respectively. These figures refresh daily on this page.
Is Bay Harbor Islands a buyer's market or a seller's market?
By months of inventory, the single-family side of Bay Harbor Islands is a buyer's market right now: 13.5 months of supply, with condos and townhomes at 14.6 months (buyer's market). Under four months of supply favours sellers, over six favours buyers, and the two segments often sit on different sides of that line in South Florida.
How long does it take to sell a home in Bay Harbor Islands?
Single-family homes that closed in Bay Harbor Islands in the last 90 days had been on the market 22 days on average, and condos and townhomes 129 days. Sellers achieved 90.1% of their asking price on the typical single-family sale and 95.3% on the typical condo sale. Well-priced homes go under contract in the first few weeks; the average is pulled up by listings that started too high.
Are home prices in Bay Harbor Islands going up or down?
Over the last twelve months the whole-market median sold price in Bay Harbor Islands moved from $860,000 (Nov 2025) to $775,000 (Sep 2026), -9.9%. Comparing the last 90 days with the same 90 days a year earlier, single-family medians are +313.9% and condo medians +46.6%. Monthly medians swing with the mix of homes that happened to close, so the direction over several months matters more than any one month.
What is the median rent in Bay Harbor Islands?
The median asking rent in Bay Harbor Islands is $4,200 a month across 101 active rentals: $8,700 for houses and townhomes and $4,150 for condos and apartments. The Bay Harbor Islands rentals hub carries the full rental market table, updated daily.
Where do these numbers come from?
Every figure is computed from BeachesMLS: active listings are counted as of the refresh date (October 20, 2026), sold figures cover closings in the last 90 days compared with the same 90 days a year earlier, and the monthly table buckets closed sales by closing date. Statistics refresh once a day and are cached; inventory over time comes from our own daily snapshots. Nothing on this page is typed by hand, and none of it is an appraisal. BreakThru Realty's market data methodology page explains every calculation, and broker of record Tyson E. Sam reviews the method and the written guidance in this report.

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