From January through June of 2021, there were 126 homes sold, with a median sale price of $367,500 - a 14% increase over the $322,500 median sale price for the same period of the previous year. There were 53 homes sold in Bay Harbor Islands in the first half of 2020.
The median sales tax in Bay Harbor Islands for the most recent year with available data, 2019, was $3,695, approximately 1% of the median home sale price for the first half of 2021.
The following table compares Bay Harbor Islands to other Miami-Dade County cities with similar median sale prices in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Miami Springs | 93 | 73 | 27.4% | $440,000 | $405,000 | 8.6% |
| Sunny Isles Beach | 707 | 262 | 169.8% | $410,000 | $305,000 | 34.4% |
| Country Walk | 144 | 129 | 11.6% | $406,500 | $365,000 | 11.4% |
| Miami Lakes | 208 | 180 | 15.6% | $405,000 | $375,000 | 8% |
| Virginia Gardens | 19 | 9 | 111.1% | $383,500 | $325,000 | 18% |
| Bay Harbor Islands | 126 | 53 | 137.7% | $367,500 | $322,500 | 14% |
| Miami | 4,567 | 2,457 | 85.9% | $365,000 | $314,500 | 16.1% |
| Cutler Bay | 521 | 401 | 29.9% | $360,000 | $304,900 | 18.1% |
| Palmetto Estates | 97 | 83 | 16.9% | $355,000 | $332,000 | 6.9% |
| Richmond Heights | 62 | 59 | 5.1% | $334,950 | $270,000 | 24.1% |
| Homestead (unincorporated) | 464 | 368 | 26.1% | $330,000 | $274,500 | 20.2% |
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