SERENO RESIDENCES CONDO
Homes for Sale in Bay Harbor Islands, FL

SERENO RESIDENCES CONDO market snapshot (as of July 20, 2026): the median sale price is about $1.73M ($1099 per sq ft over the trailing 12 months of closed sales), and a median 224 days on market for closed sales. The trailing-12-month median is down 21% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).

Sereno Residences trades at a high price per square foot even as its median sale price has pulled back over the past year, a pattern consistent with a small, slow-moving luxury condo market working through a limited pool of listings.

A median of 224 days on market is the single most important data point here. In most condo segments, that duration signals sellers holding firm on price expectations while buyers take their time — or it signals a mismatch between asking prices and what the current pool of buyers is willing to pay. Either way, it argues for patience on both sides of a transaction.

The year-over-year decline of 21.4% is notable, but with only three closings feeding this window, it should not be read as a market-wide repricing so much as a signal that the small sample of recent sales skewed lower. Current MLS listings do not identify specific building amenities, so any amenity-driven value at Sereno should be confirmed directly against the building's offerings rather than assumed from market data alone.

A market this thin — three closings, a 224-day median hold, and a double-digit year-over-year swing — is exactly where line-by-line comparison of recent sales matters more than a headline number. We pull the underlying listings and closed data ourselves so you are pricing off what has actually transacted at Sereno, not off a market-wide average that may not apply to this building.

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