The Bal Harbour housing market is not very competitive. The median sale price of a home in Bal Harbour was $1.4M last month, down 49.1% since last year. The median sale price per square foot in Bal Harbour is $2.02K, up 99.8% since last year.
What is the housing market like in Bal Harbour today?
In October 2024, Bal Harbour home prices were down 49.1% compared to last year, selling for a median price of $1.4M. On average, homes in Bal Harbour sell after 127 days on the market compared to 295 days last year. There were 9 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,400,000
-49.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Bal Harbour, FL
$1,400,000
-49.1%
United States
To compare other locations to the Bal Harbour and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Bal Harbour's median sale price is 693% higher than the national average. Overall cost of living in Bal Harbour is 19% higher than the national average. Learn which home features in Bal Harbour add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Bal Harbour housing market?
Bal Harbour is not very competitive. Homes sell in 157.5 days.
0
100
1
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 158 days.
Hot homes
can sell for about 4% below list price and go pending in around 104 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Bal Harbour housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Bal Harbour.
Flood Factor - Major
99% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Bal Harbour has a major risk of flooding. 201 properties in Bal Harbour are likely to be
severely affected
by flooding over the next 30 years. This represents 99% of all properties in Bal Harbour. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Bal Harbour has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Bal Harbour is most at risk from hurricanes. 262 properties in Bal Harbour have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 204 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 218 mph.