THE PLAZA OF BAL HARBOUR
Homes for Sale in Bal Harbour, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via miami
The number that matters most here is 157 days — the median time these units are sitting on market before going under contract. That is a long hold for any condo product, and it tells you pricing has not fully caught up to where buyers actually want to transact. Add a 14.4% year-over-year pull-back in price and you have a market still searching for its floor rather than one building momentum.
With only 7 closings in the current window, this is a thin data set — every sale carries outsized weight, and a single well-priced or distressed unit can swing the median in either direction. A market heat score of 34 confirms what the days-on-market figure already suggests: this favors buyers willing to be patient and sellers willing to price to current reality, not last year's comps.
THE PLAZA OF BAL HARBOUR right now
🔴 Off the recent peak. The trailing-12-month median ($415K) is down 14.4% from the prior 12 months ($485K). With about a dozen 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 closed sales, 12-month windows ending July 20. Confidence: Medium (7 and 6 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
THE PLAZA OF BAL HARBOUR market snapshot (as of July 20, 2026): the median sale price is about $415K ($409 per sq ft over the trailing 12 months of closed sales), and a median 157 days on market for closed sales. The trailing-12-month median is down 14% from the prior 12 months, computed from record-level miami closed sales (7 closings in the current window).
The Plaza of Bal Harbour is trading at a median of $415,000 and roughly $408.87 per square foot, but with so few closings recorded, that median should be read as a directional signal rather than a precise ceiling or floor for any specific unit.
The setting & the homes.
Aerial and on-site photos of THE PLAZA OF BAL HARBOUR. Swipe to explore the community.
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THE PLAZA OF BAL HARBOUR
THE PLAZA OF BAL HARBOUR
THE PLAZA OF BAL HARBOUR
THE PLAZA OF BAL HARBOUR
THE PLAZA OF BAL HARBOURPhotos from miami listings in THE PLAZA OF BAL HARBOUR; content deemed reliable but not guaranteed.
Who THE PLAZA OF BAL HARBOUR is best for.
Best for
- Buyers targeting the Bal Harbour location on a budget near the $415,000 median who are comfortable negotiating on price.
- Investors or end-users who can absorb a longer closing timeline in exchange for below-prior-year pricing.
- Buyers focused purely on unit-level value — layout, condition, per-square-foot cost — rather than shared building perks.
Probably not for
- Buyers who want a quick close; the current median 157-day marketing period runs long.
- Anyone shopping specifically for building-wide amenities, since none are currently identified in the MLS data.
- Sellers hoping to price off last year's numbers rather than the current downward trend.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($415K) IS the median in the snapshot above, and the move from 2025 ($485K) IS the -14.4% one-year change.
Windows contain 2 to 30 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.
0% of homes for sale in ZIP 33154 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).
THE PLAZA OF BAL HARBOUR Market Scorecard
THE PLAZA OF BAL HARBOUR is currently a balanced market., and homes go under contract in about 127 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in THE PLAZA OF BAL HARBOUR
Live MLS inventory for THE PLAZA OF BAL HARBOUR. 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 THE PLAZA OF BAL HARBOUR listings as of 2026-08-23, 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 2018 through 2026. Tap any home to ask about it.
The THE PLAZA OF BAL HARBOUR buying strategy.
If we were buying in THE PLAZA OF BAL HARBOUR 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 THE PLAZA OF BAL HARBOUR.
A market still resetting
A 14.4% year-over-year decline paired with a median 157-day marketing period is not a one-off blip — it is consistent with a building working through a slower stretch of demand. Pricing here has room to be negotiated, and sellers who list at last year's numbers are likely to become part of that same slow-DOM statistic rather than the exception to it.
No community amenities are currently identified from active MLS listings, which means the value proposition rests on the unit itself and its price per square foot rather than on shared building features. Buyers should treat this as a condo purchase priced primarily on condition, layout, and location within Bal Harbour — not on amenity-driven premium.
The location and the amenities are priced into every listing in THE PLAZA OF BAL HARBOUR. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a thin, slow-moving market like this one, the sales that happen are the ones priced and negotiated correctly from the start — there is little margin for guesswork with only a handful of closings to benchmark against. We track this building's actual contract activity, not stale comps, so buyers know where real negotiating room exists and sellers know what it takes to be the listing that sells inside 157 days instead of past it.
THE PLAZA OF BAL HARBOUR in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- 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 THE PLAZA OF BAL HARBOUR 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 THE PLAZA OF BAL HARBOUR sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in THE PLAZA OF BAL HARBOUR, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your THE PLAZA OF BAL HARBOUR home worth?
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Frequently Asked Questions
What is the median home price in THE PLAZA OF BAL HARBOUR?
How long do homes in THE PLAZA OF BAL HARBOUR take to sell?
Do cash buyers compete in THE PLAZA OF BAL HARBOUR?
Who is the best real estate agent for THE PLAZA OF BAL HARBOUR?
How do I find a top Bal Harbour real estate agent who knows THE PLAZA OF BAL HARBOUR?
Can Momentum Realty connect me with an agent for THE PLAZA OF BAL HARBOUR?
Should you buy in THE PLAZA OF BAL HARBOUR?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2018 (114 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 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.
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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 member average and 8 days faster, and we’ll price yours against live your area comps.
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