In October 2019, there were 26 homes sold, with a median sale price of $804,300 - a 25.2% decrease over the $1,075,000 median sale price for the same period of the previous year. There were 19 homes sold in Key Biscayne in October 2018.
The median sales tax in Key Biscayne for the most recent year with available data, 2015, was $10,735, approximately 1.3% of the median home sale price for October 2019.
The following table compares Key Biscayne to other Miami-Dade County cities with similar median sales prices in October 2019:
| City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Golden Beach | 3 | 0 | - | $7,300,000 | $0 | - |
| Key Biscayne | 26 | 19 | 36.8% | $804,300 | $1,075,000 | -25.2% |
| Bal Harbour | 11 | 7 | 57.1% | $800,000 | $1,400,000 | -42.9% |
| Coral Gables | 87 | 80 | 8.8% | $745,000 | $572,250 | 30.2% |
| Pinecrest | 35 | 42 | -16.7% | $712,500 | $706,250 | 0.9% |
| South Miami (unincorporated) | 23 | 28 | -17.9% | $680,000 | $422,900 | 60.8% |
| Surfside | 17 | 11 | 54.5% | $500,000 | $650,000 | -23.1% |
| Miami Shores | 32 | 22 | 45.5% | $497,500 | $464,800 | 7% |
| South Miami | 10 | 21 | -52.4% | $433,750 | $372,500 | 16.4% |
| Biscayne Park | 4 | 5 | -20% | $415,000 | $383,000 | 8.4% |
| Palmetto Bay | 47 | 56 | -16.1% | $399,000 | $520,650 | -23.4% |
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