Key Biscayne condo market report — Feb 2026

Live inventory as of today; sales figures from closed MLS transactions.

Active listings
103
16 pending
Median asking
$1.5M
Median asking $/sqft
$985/sqft
+4% sold $/sf vs last year
Sold, last 12 months
183
$894/sqft median

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

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

$672$827$982Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026
MonthNew listingsClosedMedian soldMedian sold $/sfMedian DOM
Sep 2026144$1.88M$972/sqft104
Aug 20261817$1.5M$921/sqft33
Jul 20261522$1.16M$769/sqft33
Jun 20262122$1.53M$878/sqft34
May 20263015$1.5M$1,017/sqft40
Apr 20263016$1.6M$876/sqft42
Mar 20262318$1.14M$847/sqft98
Feb 20262614$1.49M$875/sqft47
Jan 20261516$1.19M$886/sqft91
Dec 2025916$1.23M$829/sqft44
Nov 2025176$2.02M$944/sqft58
Oct 20251710$1.26M$930/sqft64

Biggest price cuts on the market

Active listings with the largest reductions from their original asking price.

Looking for a specific tower? Browse every Key Biscayne building.