Buyer's MarketMay 2026

Bal Harbour Housing Market Report

Live MLS data · 138 active listings · $3.3M median · Updated May 2026

TL;DR

The Bal Harbour housing market has 138 active listings with a median asking price of $3.3M as of May 2026. 52% of listings have had a price reduction. Average price per square foot is $1811, with homes spending an average of 165 days on market — a buyer's market.

138

Active Listings

$3.3M

Median Price

$1811

Avg $/sqft

165

Avg Days on Market

52%

Price Reduced

Price Distribution

Under $300K
1 (1%)
$300K–$500K
7 (5%)
$500K–$750K
14 (10%)
$750K–$1M
4 (3%)
$1M–$2M
22 (16%)
$2M+
90 (65%)

By Property Type

Condos
$3.3M
Single-Family
$13.5M
Stock cooperative
$325K

Median Price by Bedrooms — Bal Harbour

BedroomsActive ListingsMedian Price
Studio/1 BR24$649K
2 BR62$2.6M
3 BR37$5.9M
4 BR8$7.9M
5+ BR7$21.9M

ELLA AI Market Analysis — Bal Harbour

The Bal Harbour real estate market currently has 138 active listings as of May 2026, with a median asking price of $3.3M and an average of $1811/sqft. Homes are spending an average of 165 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 $1799 and a median asking price of $3.3M. There are currently 131 active condos listings available.

With 52% 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 May 2026, the median asking price in Bal Harbour is $3.3M, with an average of $5.4M. Prices range from $223K to $78M. The average price per square foot is $1811.

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

Bal Harbour is currently a buyer's market. Homes average 165 days on market and 52% 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 May 2026, homes in Bal Harbour spend an average of 165 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 $1799/sqft with a median price of $3.3M. There are 131 active condos listings available.

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

Based on the median home price of $3.3M in Bal Harbour, Casa Simple buyers typically receive a rebate of $22K–$45K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate 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 $45K back at closing.