Buyer's MarketAugust 2026

Bal Harbour Housing Market Report

Live MLS data · 100 active listings · $2.5M median · Updated August 2026

TL;DR

The Bal Harbour housing market has 100 active listings with a median asking price of $2.5M as of August 2026. 17% of listings have had a price reduction. Average price per square foot is $1530, with homes spending an average of 172 days on market — a buyer's market.

100

Active Listings

$2.5M

Median Price

$1530

Avg $/sqft

172

Avg Days on Market

17%

Price Reduced

Price Distribution

Under $300K
3 (3%)
$300K–$500K
7 (7%)
$500K–$750K
11 (11%)
$750K–$1M
6 (6%)
$1M–$2M
20 (20%)
$2M+
53 (53%)

By Property Type

Condos
$2.5M
Stock cooperative
$450K
House
$11.5M

Median Price by Bedrooms — Bal Harbour

BedroomsActive ListingsMedian Price
Studio/1 BR19$675K
2 BR47$1.8M
3 BR26$5M
4 BR5$7.4M
5+ BR3$69.5M

ELLA AI Market Analysis — Bal Harbour

The Bal Harbour real estate market currently has 100 active listings as of August 2026, with a median asking price of $2.5M and an average of $1530/sqft. Homes are spending an average of 172 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Condos represent the best value in Bal Harbour right now, with an average price per square foot of $1531 and a median asking price of $2.5M. There are currently 93 active condos listings available.

With 17% of listings having seen a price reduction, there is meaningful negotiating room in Bal Harbour. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Bal Harbour Real Estate Market

What is the average home price in Bal Harbour right now?

As of August 2026, the median asking price in Bal Harbour is $2.5M, with an average of $4.5M. Prices range from $59K to $78M. The average price per square foot is $1530.

Is Bal Harbour a buyer's or seller's market?

Bal Harbour is currently a buyer's market. Homes average 172 days on market and 17% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Bal Harbour?

As of August 2026, homes in Bal Harbour spend an average of 172 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in Bal Harbour?

Condos are currently the most affordable by price per square foot in Bal Harbour, averaging $1531/sqft with a median price of $2.5M. There are 93 active condos listings available.

How much can I save buying in Bal Harbour with Casa Simple?

Based on the median home price of $2.5M in Bal Harbour, Casa Simple buyers typically receive savings of $17K–$34K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.

What is the average HOA fee in Bal Harbour?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in Bal Harbour?

ELLA analyzes every listing in Bal Harbour with an AI-powered IQ score. Get up to $34K back at closing.