The typical home value in
Bay Harbor Islands
is projected to be
$1,062,500
for the month of
August.
July’s
finalized data reported the typical value of a home in the
city
to be
$900,000—down
19.79%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$553,750
in
Miami-Dade County
for the most recent reporting period.
That number is expected to float around
$543,130
in
August.
Bay Harbor Islands
had
25
new listings and
14
listings that went under contract in
July,
increasing
the area’s total available inventory to
159—up
1.92%
from the previous month. Inventory is projected to have further
increased
in
August.
Of those
159
active listings,
15.72%
reduced their price in the month of
July.
The median listing price for homes in
Bay Harbor Islands
grew
23.12%
from
June
to
July,
bringing the current median listing price to
$849,500.
Based on projected data for
August,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
July 2025,
the median time for a listed property to go pending was
235
days, compared to
381
days in
July 2024.
In recent months the median number of days from listed to pending appears to be decreasing.
That trend is predicted to have carried through to this
August.
