Momentum Housing Data · Home Values · Miami-Dade County

BAY HARBOR ISLAND Home Values: What Homes Actually Sell For

BAY HARBOR ISLAND (Bay Harbor Islands, FL): 18 recorded closings in the 12 months ending 2026-09-20, a 13-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$3,605,525
+19.3% vs prior year · window ending 2026-09-20
Median $/sqft
$1,409
18 recorded closings
Median days to sell
96
from list to contract-to-close record

In the current window, sellers accepted a median 92.1% of original asking; the median sale took 96 days; new construction was 44.4% of recorded sales — builder pricing competes with resales here (window ending 2026-09-20).

The 13-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$3,605,525$1,4099692.1%18
2025$3,022,500$1,4447486.6%5
2024$4,100,000$1,1367689.4%13
2023$3,341,250$1,1276193.1%8
2022$2,700,000$9037797.9%35
2021$1,800,000$6208493.4%41
2020$1,292,500$47111385.6%16
2019$1,160,000$44818884.3%11
2018$1,625,000$6226392.1%11
2015$1,522,500$5738290.0%12
2014$1,116,250$38210192.8%22
2013$1,100,000$3169989.3%10
2012$962,500$3263790.5%6

Over the recorded series, BAY HARBOR ISLAND’s median sold price moved from $962,500 (2012) to $3,605,525 (12 months ending 2026-09-20) — +275% over that span, with every year’s figure from recorded closings, not a model.

The last decade in BAY HARBOR ISLAND, briefly

The recorded series starts in 2012 at $962,500. The 2020–22 run-up did what it did everywhere — BAY HARBOR ISLAND’s median moved +133% from 2019 to 2022. Against the 2024 peak of $4,100,000, the current median stands at -12%. Annual sales volume here has ranged from 1 to 41 closings a year (10-yr average 15.9).

Where BAY HARBOR ISLAND sales actually landed, 2024–2026

Of the 30 recorded BAY HARBOR ISLAND closings since 2024, half landed between $2,527,500 and $8,652,500 (the middle two quartiles); the lowest recorded sale was $1,200,000 and the highest $21,950,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $1,700,000
3 (10%)
$1,700,000 – $7,200,000
17 (57%)
$7,200,000 – $12,700,000
6 (20%)
$12,700,000 – $18,200,000
1 (3%)
None and up
3 (10%)

What homes of your size have sold for in BAY HARBOR ISLAND

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Larger homes here have been selling at a higher price per square foot than smaller ones ($1,725 vs $1,398) — less common, and usually a sign of newer or upgraded product at the top of the range.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
1,150–2,298 sq ft
$1,398$2,050,000$1,610,000 – $3,361,05010
Mid-size homes
2,326–4,037 sq ft
$1,287$3,689,000$1,200,000 – $9,470,00010
Larger homes
4,205–8,548 sq ft
$1,725$12,110,875$3,850,000 – $21,950,00010

What is on the market in BAY HARBOR ISLAND right now

From the live MLS feed as of 2026-09-23: 29 active listings (plus 9 pending) asking from $1,750,000 to $36,500,000, median $3,950,000; 14 of 29 have been on the market over 60 days (median 39 days so far); the homes listed or recently sold were built between 1950 and 2026 (median 2024), 15 of them new construction; 23 of 38 listed or recently sold homes report an HOA, median $3,223/mo. For a seller this is the competition a buyer will tour alongside your home; for a buyer, the stale share is where negotiating room usually is. See the current BAY HARBOR ISLAND listings →

At BAY HARBOR ISLAND’s $3,605,525 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $63,430 a year in property tax before exemptions, or about $62,720 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.

Selling in BAY HARBOR ISLAND right now: what the record says

Current asking prices run a median $3,950,000 against the $3,605,525 recorded sold median (+10%) — the gap between what sellers hope and what the record shows. Demand check: 26% of BAY HARBOR ISLAND’s listings are under contract, against 14% for ZIP 33154 and 18% for Miami-Dade County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for BAY HARBOR ISLAND reads 49/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

With asking prices running +10% over the recorded sold median, a BAY HARBOR ISLAND listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR BAY HARBOR ISLAND home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How BAY HARBOR ISLAND compares with its neighbors

Communities buyers shopping BAY HARBOR ISLAND are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
KAI AT BAY HARBOR CONDO$860,000$6941115
SERENO RESIDENCES CONDO$1,730,000$1,0992243
BAY HARBOR CLUB CONDO$620,000$5392443
BLAIR HOUSE CONDO - WEST$470,000$424675

More BAY HARBOR ISLAND: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures