Fisher Island condo market report — Oct 2026
Live inventory as of today; sales figures from closed MLS transactions.
Where the market stands
40 condos are for sale today against a pace of 2 sales a month — 21.8 months of supply, a buyer's market. 35% of active listings have cut their price, by a median 8.3%. Sellers achieved a median 87.5% of their original asking price; 9% closed at or above ask.
Is Fisher Island a buyer's or a seller's market?
Five standard market signals in one reading: 0 is a strong buyer's market, 100 a strong seller's.
You have real leverage: ask for price cuts and credits, and take your time — plenty of comparable units are waiting.
Price at or slightly below the recent sold comps from day one — overpriced listings here sit for months and end up cut.
Miami overall: 25 · Buyer's market — 16 points more buyer-friendly than Miami overall
What's behind the reading
- Months of supply21.8 monthsFavors buyers40 listings · 22 sales in 12 months · weight 35%
How long today's listings would take to sell at the past year's sales pace. In Miami condos, under 6 months favors sellers and over 9 favors buyers.
- Sale-to-list price84.4%Favors buyers9 sales · weight 25%
Median sale price as a share of the original asking price, sales in the last 6 months. Above 97% favors sellers; below 95% means buyers are negotiating.
- Days on market150 daysFavors buyers9 sales · weight 15%
Median days from listing to sale for homes sold in the last 6 months. Faster sales favor sellers.
- Listings with a price cut35%Neutral40 listings · weight 15%
Share of homes for sale now asking less than their original price. More cuts mean sellers are chasing buyers.
Not enough data to include: Sales momentum.
Resale condos from the MLS (pre-construction towers excluded), all prices. As of Oct 31, 2026 · How the index works
Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period October 31, 2025 through October 31, 2026.
The last 12 months vs the year before
22 condos closed in Fisher Island between Nov 1, 2025 and Oct 31, 2026, -15% vs the prior 12 months, at a median $6.6M (-27%) and $2,020 per sqft (-20%). Sold units took a median 155 days to go under contract.
Sold $/sqft and closings, 24 months
| Month | New listings | Closed | Median sold | Median sold $/sf | Median DOM |
|---|---|---|---|---|---|
| Oct 2026 | 3 | 2 | $20.76M | $2,752/sqft | 76 |
| Sep 2026 | 6 | 1 | $17M | $4,018/sqft | 0 |
| Aug 2026 | 4 | — | — | — | — |
| Jul 2026 | 4 | 1 | $3.8M | $1,987/sqft | 159 |
| Jun 2026 | 2 | 2 | $3.41M | $1,783/sqft | 299 |
| May 2026 | 3 | 3 | $7.4M | $1,953/sqft | 205 |
| Apr 2026 | 4 | 4 | $12.03M | $2,357/sqft | 268 |
| Mar 2026 | 3 | 2 | $6.63M | $2,426/sqft | 209 |
| Feb 2026 | 3 | 1 | $15M | $3,059/sqft | 13 |
| Jan 2026 | 3 | 1 | $5.35M | $1,676/sqft | 186 |
| Dec 2025 | 5 | 4 | $5.4M | $2,810/sqft | 52 |
| Nov 2025 | 3 | 1 | $4.3M | $1,567/sqft | 282 |
Inventory and sales by price band
Whole-market counts; months of supply = actives ÷ monthly sales pace.
By bedrooms
| Size | For sale | Median asking | Asking $/sqft | Sold (12 mo) | Median sold | Sold $/sqft | Days |
|---|---|---|---|---|---|---|---|
| 2 bed | 4 | $3.84M | $2,013/sqft | 3 | $3.6M | $1,885/sqft | 159 |
| 3 bed | 23 | $5.2M | $2,352/sqft | 9 | $4.7M | $1,846/sqft | 140 |
| 4+ bed | 13 | $18.9M | $3,017/sqft | 10 | $14.71M | $2,859/sqft | 131 |
New vs resale: by building era
| Era | Buildings | For sale | Asking $/sqft | Sold (12 mo) | Sold $/sqft |
|---|---|---|---|---|---|
| 2010s | 2 | 10 | $3,801/sqft | 5 | $3,784/sqft |
| 2000s | 3 | 4 | $2,893/sqft | 1 | $2,053/sqft |
| 1990s | 4 | 4 | $2,510/sqft | 4 | $1,899/sqft |
| Before 1990 | 5 | 22 | $2,224/sqft | 12 | $1,783/sqft |
Most sales, last 12 months
| Building | Sold (12 mo) | Median price | Sold $/sqft |
|---|---|---|---|
| Bayside Village | 7 | $3.8M | $1,676/sqft |
| Palazzo della Luna | 3 | $17M | $3,837/sqft |
| Oceanside at Fisher Island | 3 | $10.24M | $3,208/sqft |
| Palazzo del Sol | 2 | $32M | $3,727/sqft |
| Seaside Village | 2 | $4M | $2,092/sqft |
| Bayview at Fisher Island 5300 | 2 | $7.47M | $1,824/sqft |
Fastest to contract
Buildings with at least 5 sales, by median days on market.
| Building | Days | Sold (12 mo) | Sold $/sqft |
|---|---|---|---|
| Bayside Village | 186 | 7 | $1,676/sqft |
Most inventory
Highest asking $/sqft
Building quality and risk
10 Fisher Island buildings carry an own.miami Score (average 55). 4 have their public records checked clean — no liens, lawsuits or regulatory complaints. 0 have a special assessment in force, 0 an open or overdue recertification, and 0 active material litigation.
Condo Index tiers
New construction pipeline
1 pre-construction units are listed in Fisher Island at a median $4,416 per sqft, against $2,857 for resale — a +55% premium.
Biggest price cuts on the market
Active listings with the largest reductions from their original asking price.
-18%
-16%
-15%
-15%
-11%Highest closings, last 90 days
| Unit | Beds / baths / sf | Sold | $/sf | Date |
|---|---|---|---|---|
| 6893 Fisher Island Dr 6893 Lphcenter #6893 Palazzo della Luna | 7 / 9 / 9,852 | $37,800,000 | Oct 28, 2026 | |
| 6800 Fisher Island Dr #6811 Palazzo della Luna | 4 / 4.5 / 4,231 | $17,000,000 | Sep 25, 2026 | |
| 2432 Fisher Island Dr #5302 Bayside Village | 3 / 3.5 / 2,234 | $3,726,000 | Oct 2, 2026 |
Sales figures are closed MLS transactions at every price (pre-construction towers are excluded from resale medians); inventory is live at the time of viewing. Building Scores, Condo Index tiers and health records are own.miami datasets. A case or record is a claim, not a finding.
Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period September 1, 2023 through November 1, 2026.
Writing about Fisher Island? The citable monthly figures, CSV downloads and charts are in the Data room.
Looking for a specific tower? Browse every Fisher Island building.