From October through December of 2021, there were 16 homes sold, with a median sale price of $595,000 - a 25.7% increase over the $473,500 median sale price for the same period of the previous year. There were 10 homes sold in Biscayne Park in the fourth quarter of 2020.
The median sales tax in Biscayne Park for the most recent year with available data, 2019, was $5,857, approximately 1% of the median home sale price for the fourth quarter of 2021.
The following table compares Biscayne Park to other Miami-Dade County cities with similar median sale prices in the fourth quarter of 2021:
| City | Oct. - Dec. 2021 Home Sales | Oct. - Dec. 2020 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2021 Median Sales Price | Oct. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Miami Shores | 72 | 41 | 75.6% | $877,250 | $662,500 | 32.4% |
| Surfside | 77 | 41 | 87.8% | $750,000 | $649,000 | 15.6% |
| South Miami | 54 | 29 | 86.2% | $722,000 | $670,000 | 7.8% |
| Palmetto Bay | 126 | 93 | 35.5% | $705,750 | $550,000 | 28.3% |
| El Portal | 16 | 10 | 60% | $639,500 | $467,500 | 36.8% |
| Biscayne Park | 16 | 10 | 60% | $595,000 | $473,500 | 25.7% |
| Medley | 2 | 1 | 100% | $592,500 | $330,000 | 79.5% |
| Miami Springs | 46 | 19 | 142.1% | $520,000 | $445,000 | 16.9% |
| West Miami | 14 | 13 | 7.7% | $491,250 | $400,000 | 22.8% |
| South Miami (unincorporated) | 115 | 56 | 105.4% | $470,000 | $660,000 | -28.8% |
| Virginia Gardens | 5 | 2 | 150% | $460,000 | $379,500 | 21.2% |
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