Bay Harbour Island
Homes for Sale in Bay Harbor Islands, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
Over the 12 months ending 2026-07-20, 5 recorded sales closed at a median of $935,000, $819 per square foot, a median 251 days on market, sellers accepting 92% of original asking (-8% versus the prior year). Homes listed or recently sold were built 2018–2021; 3 of 3 report an HOA (median $1,670/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $16,450 ($15,740 with the full homestead exemption).
Jon's Current Read: With only five closings feeding this snapshot, Bay Harbour Island is a thin-data market — every sale carries outsized weight, and the median price of $935,000 should be read as a directional marker, not a precise line. The per-square-foot figure of $819.46 confirms this is a premium price point, but with so few transactions, condition and finish level on any single sale can swing the numbers meaningfully.
The 251-day median days on market is the real story here: this is not a quick-turn market. Combined with a 7.9% year-over-year price pullback, sellers should expect a longer marketing runway and price realistically from listing day one, while buyers gain real room to negotiate on terms, timeline, and repairs rather than racing a clock.
Bay Harbour Island right now
🟡 Off the recent peak. The trailing-12-month median ($935K) is down 7.9% from the prior 12 months ($1.02M). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending July 20. Confidence: Low (5 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 20, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Bay Harbour Island market snapshot (as of July 20, 2026): the median sale price is about $935K ($819 per sq ft over the trailing 12 months of closed sales), and a median 251 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level MIAMI MLS closed sales (5 closings in the current window).
Bay Harbour Island trades at a premium per-square-foot level, but the combination of a long median marketing period and a year-over-year price decline points to a market where patience — on both sides of the transaction — is the current condition, not the exception.
The setting & the homes.
Aerial and on-site photos of Bay Harbour Island. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Bay Harbour Island
Bay Harbour Island
Bay Harbour IslandPhotos from MIAMI MLS listings in Bay Harbour Island; content deemed reliable but not guaranteed.
Who Bay Harbour Island is best for.
Best for
- Buyers targeting a premium per-square-foot property who have flexibility on closing timeline.
- Sellers prepared to price realistically against recent comparables rather than prior-year peaks.
- Investors comfortable underwriting a market with limited recent transaction volume.
Probably not for
- Buyers who need a fast close or a high-inventory market to compare against.
- Sellers expecting a quick sale without adjusting for the current 251-day median timeline.
- Anyone relying on community amenities as a deciding factor — none are identified in current listings.
Homes For Sale Right Now in Bay Harbour Island
Live MLS inventory for Bay Harbour Island. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Bay Harbour Island listings as of 2026-09-02, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2023 through 2026. Tap any home to ask about it.
The Bay Harbour Island buying strategy.
If we were buying in Bay Harbour Island today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Bay Harbour Island.
A Slow Clock at a High Price Point
The math here is straightforward: a median price near $935K paired with a median price per square foot of $819.46 places this community solidly in premium territory. What buyers need to understand is that premium pricing and premium liquidity are not the same thing — a 251-day median days on market means homes here sit through multiple price-review cycles before closing, and sellers who list at aspirational numbers are the ones most likely to extend that runway further.
The 7.9% year-over-year decline, layered on top of a slow-moving market, suggests this is a buyer-favorable window rather than a seller's market moment. With only five closings in the current window, there is not enough transaction volume to draw firm conclusions about where the market is headed next — which makes working from comparable-by-comparable analysis, rather than headline averages, the more reliable approach for anyone pricing a listing or structuring an offer here.
The location and the amenities are priced into every listing in Bay Harbour Island. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A five-closing market with a 251-day median timeline is exactly where generic pricing guidance fails buyers and sellers alike. We build our recommendations off the individual comparable sales in play here, not a blended average, so pricing and offer strategy reflect what this specific inventory is actually doing — not what a wider market trend implies.
Bay Harbour Island in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Bay Harbour Island buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Bay Harbour Island sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Bay Harbour Island, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Bay Harbour Island home worth?
Get a no-obligation home value based on real comparable sales in Bay Harbour Island, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in Bay Harbour Island on the map →
Frequently Asked Questions
What is the median home price in Bay Harbour Island?
How long do homes in Bay Harbour Island take to sell?
Do cash buyers compete in Bay Harbour Island?
Who is the best real estate agent for Bay Harbour Island?
How do I find a top Bay Harbor Islands real estate agent who knows Bay Harbour Island?
Can Momentum Realty connect me with an agent for Bay Harbour Island?
Should you buy in Bay Harbour Island?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | MIAMI MLS closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2023 (16 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.