Market Report

Market Report

Key Biscayne, FL

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% of Asking Price
All Property Types
94%
May 2026
2.3%
since
What kind of market is it?
Buyer's Market
Seller Market
12.0 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
May 2026
60.6%
since
Avg. Days on Market
All Property Types
118 Days
May 2026
3.8%
since
Monthly Inventory
Number of listings on the market at
any point during May of 2026
196 Properties
191 Single Family
0 Land/Farm
136 Condo
May 2026
172.2%
since
Key Biscayne / May 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
17 Homes
May 2026
183.3%
since
Key Biscayne / May 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
42 Homes
May 2026
223.1%
since
Key Biscayne / May 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
98 Homes
Jan 2026 - May 2026
326.1%
since
Average Sales Price
All Property Types
$1.9M Median Price - $1.6M
May 2026
14.9%
since
Average Price / SqFt
All Property Types
$1,100 / SqFt
May 2026
11.5%
since

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