As of April 2026, the median sale price in Bayshore was $979,636 at about $755 per square foot. At 10.2 months of supply it reads clearly as a buyer's market, with 39.7 percent of active listings carrying a price cut.
Bayshore market scoreboard
Each figure is the latest month in my read for Bayshore.
Bayshore is a bayfront pocket near Miami's upper east side, a small enclave of single-family homes where the draw is proximity to the water and to Biscayne Boulevard's revival. It is a very thin market. I counted only 24 homes sold in the latest month against 121 active listings, so I treat the monthly median as a rough signal, not a precise gauge.
The median sale price was $979,636 as of April 2026, down from $1,425,000 a year earlier. That is a 31 percent year-over-year decline, but on 24 sales it almost certainly reflects a shift toward smaller homes closing rather than a one-third drop in value, which is why the per-square-foot figure and supply tell the clearer story here.
Bayshore Home Prices and Price Per Square Foot
I track about $755 per square foot in Bayshore as of April 2026. The 31 percent year-over-year median decline rests on a small sample, so I read it as mix and timing rather than a collapse in price. What does stand out is the supply and the cut rate, which point to genuine softness in negotiation, not in underlying value. For any specific Bayshore house I anchor on per-square-foot and recent comparable sales.
| Month | Value |
|---|---|
| 2025-11 | $2,830,000 |
| 2025-12 | $2,500,000 |
| 2026-01 | $2,134,600 |
| 2026-02 | $1,837,500 |
| 2026-03 | $1,900,000 |
| 2026-04 | $979,636 |
Is Bayshore a Buyer's or Seller's Market?
At 10.2 months of supply, Bayshore is a clear buyer's market on my inventory rule, and 39.7 percent of active listings had a price cut, the highest cut rate in this set. The median 133 days on market confirms homes are sitting. For a buyer this is real leverage on a bayfront-adjacent pocket; for a seller it means aggressive, correct pricing and patience are both required.
| Neighborhood | Months of supply | Market |
|---|---|---|
| Bayshore | 10.2 | Buyer's market |
Rule of thumb: under 5 months of supply = seller's market, 5 to 7 = balanced, over 7 = buyer's market.
| Month | Value |
|---|---|
| 2025-11 | 11.6 |
| 2025-12 | 10.5 |
| 2026-01 | 9.1 |
| 2026-02 | 10.0 |
| 2026-03 | 8.5 |
| 2026-04 | 10.2 |
| Month | Value |
|---|---|
| 2025-11 | 101 |
| 2025-12 | 144 |
| 2026-01 | 136 |
| 2026-02 | 140 |
| 2026-03 | 135 |
| 2026-04 | 133 |
Bayshore is a thin, soft market right now, with nearly four in ten listings already cutting price. For a patient buyer near the bay that is leverage, as long as you price off comparable sales and not the noisy monthly median.
Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Methodology and Sources
- Compiled by: LuxuryDade and Gerardo Gonzalez, Licensed Real Estate Agent at Compass. I assemble and refresh this neighborhood report myself.
- Data reference: Market figures are compiled with reference to the Redfin Data Center (redfin.com/news/data-center). These are aggregated market figures, not MLS or proprietary brokerage data.
- Geography: The Bayshore neighborhood inside the Miami metro area.
- Why monthly figures move: A neighborhood this size closes a small number of sales each month, so a single high or low sale can swing the median. Read the multi-year trend and price per square foot alongside any one month.
- Update cadence: I refresh this report near the start of each month. Last verified June 5, 2026.
- Missing values: Any cell shown as "unavailable" was missing in the underlying data and has not been estimated.
LuxuryDade and Gerardo Gonzalez. "Bayshore Miami Home Prices 2026: $980K Median." As of April 2026. https://luxurydade.com/reports/neighborhoods/bayshore-home-prices-2026 (verified June 5, 2026).