Key Biscayne condo market report — May 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

May 2026 in Key Biscayne

30 condos came to market in Key Biscayne during May 2026.

Closed sales

15 condo sales closed in May 2026 at a median price of $1,500,000 ($1,017 per square foot), after a median 40 days on market.

That compares with 16 closings in April 2026, when the median closed price per square foot was $876.

Year over year, closed prices per square foot are up 15.6% from $879 in May 2025.

The trailing year

Over the 12 months ending May 2026, Key Biscayne recorded 166 condo closings — an average of 14 a month — with the busiest month being March 2026 at 18 sales.

Monthly median closed prices ranged from $742 to $1,017 per square foot over that span.

Buildings with the most closings in May 2026

Towers of Key Biscayne — 3 closings at a median $1,500,000 ($1,065/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