Bay Harbour Island
Condos for Sale in Bay Harbor Islands, FL

Bay Harbour Island market snapshot (as of September 20, 2026): the median sale price is about $950K ($757 per sq ft over the trailing 12 months of closed sales), and a median 102 days on market for closed sales. The trailing-12-month median is up 0% from the prior 12 months, computed from record-level MIAMI MLS closed sales (5 closings in the current window).

In ZIP 33154 (Bay Harbor Islands), 242 homes closed in the last 12 months at a median of $1.55M ($894/sq ft), up 9.8% year over year, with a median 102 days on market. Right now 176 active and 38 pending listings — a buyer's market. See the live ZIP 33154 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 12 homes in BAY HARBOUR ISLAND that have changed hands since 2023, built between 2016 and 2021 (median 2017), with a median living area of about 1,143 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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 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.

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.

Listings in this community report association dues of about $1,856 per month ($22,272 a year) — the median AssociationFee across 8 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.