In June 2021, there were 33 homes sold, with a median sale price of $710,000 - a 43.4% increase over the $495,000 median sale price for the same period of the previous year. There were eight homes sold in Bal Harbour in June 2020.
The median sales tax in Bal Harbour for the most recent year with available data, 2019, was $10,880, approximately 1.5% of the median home sale price for June 2021.
The following table compares Bal Harbour to other Miami-Dade County cities with similar median sale prices in June 2021:
| City | June 2021 Home Sales | June 2020 Home Sales | % change (Total Home Sales) | June 2021 Median Sales Price | June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Key Biscayne | 85 | 20 | 325% | $1,295,000 | $1,076,250 | 20.3% |
| Coral Gables | 175 | 50 | 250% | $960,000 | $770,000 | 24.7% |
| South Miami (unincorporated) | 49 | 22 | 122.7% | $945,000 | $588,000 | 60.7% |
| Miami Shores | 24 | 16 | 50% | $792,500 | $550,000 | 44.1% |
| Surfside | 32 | 8 | 300% | $711,000 | $563,500 | 26.2% |
| Bal Harbour | 33 | 8 | 312.5% | $710,000 | $495,000 | 43.4% |
| Palmetto Bay | 75 | 41 | 82.9% | $710,000 | $462,500 | 53.5% |
| Biscayne Park | 6 | 4 | 50% | $622,500 | $472,500 | 31.7% |
| Miami Beach | 599 | 126 | 375.4% | $611,500 | $290,450 | 110.5% |
| South Miami | 15 | 12 | 25% | $535,000 | $517,500 | 3.4% |
| Bay Harbor Islands | 21 | 7 | 200% | $500,000 | $936,000 | -46.6% |
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