Key Biscayne condo market report — Feb 2026
Live inventory as of today; sales figures from closed MLS transactions.
February 2026 in Key Biscayne
26 condos came to market in Key Biscayne during February 2026.
Closed sales
14 condo sales closed in February 2026 at a median price of $1,485,000 ($875 per square foot), after a median 47 days on market.
That compares with 16 closings in January 2026, when the median closed price per square foot was $886.
Year over year, closed prices per square foot are up 25.3% from $698 in February 2025.
The trailing year
Over the 12 months ending February 2026, Key Biscayne recorded 161 condo closings — an average of 13 a month — with the busiest month being August 2025 at 17 sales.
Monthly median closed prices ranged from $723 to $950 per square foot over that span.
Buildings with the most closings in February 2026
- Commodore Club South — 2 closings at a median $1,060,000 ($841/sq ft)
Where to look next
Browse every condo for sale in Key Biscayne, set up a price-drop alert, or compare buildings side by side. All figures are Own Miami calculations from MIAMI REALTORS® MLS data.
Sold $/sqft and closings, 24 months
| Month | New listings | Closed | Median sold | Median sold $/sf | Median DOM |
|---|---|---|---|---|---|
| Sep 2026 | 14 | 4 | $1.88M | $972/sqft | 104 |
| Aug 2026 | 18 | 17 | $1.5M | $921/sqft | 33 |
| Jul 2026 | 15 | 22 | $1.16M | $769/sqft | 33 |
| Jun 2026 | 21 | 22 | $1.53M | $878/sqft | 34 |
| May 2026 | 30 | 15 | $1.5M | $1,017/sqft | 40 |
| Apr 2026 | 30 | 16 | $1.6M | $876/sqft | 42 |
| Mar 2026 | 23 | 18 | $1.14M | $847/sqft | 98 |
| Feb 2026 | 26 | 14 | $1.49M | $875/sqft | 47 |
| Jan 2026 | 15 | 16 | $1.19M | $886/sqft | 91 |
| Dec 2025 | 9 | 16 | $1.23M | $829/sqft | 44 |
| Nov 2025 | 17 | 6 | $2.02M | $944/sqft | 58 |
| Oct 2025 | 17 | 10 | $1.26M | $930/sqft | 64 |
Most inventory




Highest asking $/sqft





Biggest price cuts on the market
Active listings with the largest reductions from their original asking price.
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