# Key Biscayne condo market report — Oct 2026

Key Biscayne, Oct 2026: 182 condos closed in the last 12 months (+14.5% year over year) at a median price of $1,400,000 (+14.3%) and $894/sqft; 91 units are for sale, 6.0 months of supply (as of 2026-11-01).

## Key facts

| | |
|---|---|
| Sales window | 2025-11-01 → 2026-10-31 |
| Closed sales | 182 (+14.5% year over year) |
| Sales volume | $336.5M (+26.6% year over year) |
| Median sale price | $1,400,000 (+14.3% year over year) |
| Median sold $/sqft | $894/sqft (+10.1% year over year) |
| Median days on market | 58.5 |
| Median sale-to-original-ask | 93.7% |
| For sale | 91 |
| Pending | 22 |
| New listings, 30 days | 15 |
| Months of inventory | 6.0 (a balanced market) |
| own.miami Market Index | 55/100 (Balanced market; High confidence; As of 2026-11-01) |
| Listings with a price cut | 32% (median cut 6.3%) |
| Median HOA | $1,707/mo |
| Waterfront $/sqft premium | +27.8% |

## Monthly figures (last 12 months)

| Month | Closed sales | Median sale price | Median sold $/sqft | Active |
|---|---|---|---|---|
| 2025-11 | 6 | $2,025,000 | $944/sqft | — |
| 2025-12 | 16 | $1,230,000 | $829/sqft | — |
| 2026-01 | 16 | $1,187,500 | $886/sqft | — |
| 2026-02 | 14 | $1,485,000 | $875/sqft | — |
| 2026-03 | 18 | $1,140,730 | $847/sqft | — |
| 2026-04 | 16 | $1,600,000 | $876/sqft | — |
| 2026-05 | 15 | $1,500,000 | $1,017/sqft | — |
| 2026-06 | 22 | $1,530,000 | $878/sqft | — |
| 2026-07 | 22 | $1,155,000 | $769/sqft | — |
| 2026-08 | 18 | $1,490,000 | $930/sqft | — |
| 2026-09 | 13 | $1,530,000 | $940/sqft | 103 |
| 2026-10 | 5 | $1,380,000 | $1,438/sqft | 91 |

## Most active buildings (closed sales, 12 months)

- Towers of Key Biscayne: 24 sold in 12 months, $880/sqft
- Key Colony Emerald Bay: 15 sold in 12 months, $816/sqft
- Commodore Club South: 14 sold in 12 months, $896/sqft
- Key Colony Botanica: 12 sold in 12 months, $732/sqft
- Commodore Club West: 10 sold in 12 months, $833/sqft
- Ocean Club – Ocean Tower Two: 7 sold in 12 months, $1,613/sqft

## Related pages

- [Key Biscayne](https://own.miami/key-biscayne)
- [Financeability](https://own.miami/key-biscayne/financeability)

_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._

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Source: Own.Miami — https://own.miami · data as of 2026-11-01
Canonical page: https://own.miami/key-biscayne/market-report
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai