Real Estate Market Report
Live MLS data for Key Biscayne, Florida. Trends, inventory, and sales metrics updated daily.
Updated November 13, 2026 at 5:50 PM EST
Property Type
Right now in Key Biscayne, there are 148 homes for sale. Buyers have been closing about 26 homes a month over the last three months. At that pace, it would take about 5.8 months to sell everything currently listed. That is a balanced market. Supply and demand are roughly even, so neither side has a clear edge. The typical sold price is $1.6 million. Among homes that closed, the median sold price was 94% of the median list price of those same sales. 7% of those sales closed above their own list price and 85% sold below their own list price. Once a home goes under contract and closes, it has usually been on the market about 68 days. Sold prices over the last three months are up about 77% compared with the three months before that. New listings (27 in the last 30 days) are roughly keeping up with sales, so inventory is fairly steady. About 17.3% of today's active inventory is selling each month (the absorption rate). Asking prices average about $1,221 per square foot, while recent sales average about $969 per square foot.
Listed in the last 30 days vs the 30 days before
27
Prior 30 days: 24
Currently for sale (active MLS inventory, not pending or sold)
148
Active Under Contract + Pending
24
Average closed sales per month over the previous 3 months
26
Prior 3 mo: 34
Median closed-sale price over the last 12 months (sold, not list)
$1.6M
Prior year: $1.4M
Median days on market for closed sales over the last 12 months
68days
Prior year: 71 days
Active listings ÷ sold/month pace (previous 3 months)
5.8mo.
Prior 3 mo: 4.3 mo.
Percent of active inventory sold each month
17.3%
Prior 3 mo: 23.2 %
Median sold price, last 3 months vs prior 3 months
$2.7M
Prior 3 mo: $1.5M
Median asking price of current active listings (list, not sold)
$2.4M
Sold price ÷ original list price for closed sales
94%
Share of closed sales that sold above list price
7%
Number of homes sold in the last 12 months
290
Prior year: 212
Total sold dollar volume over the last 12 months
$789M
Prior year: $538M
Median sold price
Homes sold per month
Supply vs demand (new listings vs homes sold)
Days on market
List $/sq ft vs sold $/sq ft
Median list $/sq ft
$1,221/sq ft
Sold $/sq ft
$969/sq ft
Computed from live MLS data via the Repliers API · MIAMI + RWorld (Board 175) and MIAMI MLS (Board 177) · updated November 13, 2026 at 5:50 PM EST
By Property Type
Methodology: All figures are computed from live MLS data via the Repliers API for Key Biscayne, FL. Active inventory reflects the current count of homes for sale. Sales metrics cover the trailing 12-month period; “prior year” covers the immediately preceding 12-month period for year-over-year comparison. Months of supply = active listings ÷ (closed sales per month). Stats are updated daily.
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Key Biscayne Market Trends
Closed-sale trends for Key Biscayne, FL (median sold price & median days on market). Active listings below are current for-sale inventory.
$4,795,000
68 days
148
Computed from live MLS data via the Repliers API · MIAMI + RWorld (Board 175) and MIAMI MLS (Board 177) · updated daily