Bay Harbor Islands, FL

Buyer's market+66.7% YoY

Housing market overview · Updated weekly

$675,000median sale price

Homes sold

7

Last 12 weeks

Days on market

280

Average pace

Active listings

145

20.7 months supply

Sale-to-list

89.2%

Below asking

The Bay Harbor Islands housing market is currently classified as a buyer's market with a median sale price of $675,000. Prices have risen 66.7% compared to last year, with homes spending an average of 280 days on market, indicating 20.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Bay Harbor Islands?

The median home sale price in Bay Harbor Islands is $675,000, up 66.7% from last year.

How long do homes stay on market in Bay Harbor Islands?

Homes typically spend 280 days on market before going under contract.

Is Bay Harbor Islands a buyer's or seller's market?

With 20.7 months of supply, Bay Harbor Islands is currently a buyer's market.

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