As of April 2026, the median sale price on Brickell Key was $599,777 at about $557 per square foot, but the island closed only 26 condos that month, so the median is volatile. Supply ran 14.0 months, a deep buyer's market.
Brickell Key market scoreboard
Each figure is the latest month in my read for Brickell Key.
Brickell Key is a small private island of condo towers off Brickell, connected by a single bridge, with a self-contained, secured feel. It is an all-condo market, and a thin one. I counted just 26 homes sold in the latest month against 155 active listings, so the median swings on which units and which towers happened to close.
The median sale price was $599,777 as of April 2026, down from $1,050,000 a year earlier. That looks like a 43 percent year-over-year drop, but on 26 sales it almost certainly reflects a shift toward smaller units trading, not a 43 percent fall in any given condo. The per-square-foot figure and building-level comparable sales are what matter here.
Brickell Key Home Prices and Price Per Square Foot
I track about $557 per square foot on Brickell Key as of April 2026. With only 26 sales the median is noisy, and the steep year-over-year change is best read as a mix shift toward smaller units rather than a value collapse. Brickell Key's towers differ in age and amenities, so I price each unit by building, line, and view against recent comparable closings, and use this page strictly as island-level context.
| Month | Value |
|---|---|
| 2025-11 | $642,500 |
| 2025-12 | $771,000 |
| 2026-01 | $590,000 |
| 2026-02 | $469,000 |
| 2026-03 | $560,000 |
| 2026-04 | $599,777 |
Is Brickell Key a Buyer's or Seller's Market?
At 14.0 months of supply, Brickell Key is a deep buyer's market on my inventory rule, and the median 193 days on market is long. About 23.2 percent of active listings had a price cut. On 26 monthly sales these ratios carry some noise, but together they point to a slow, buyer-favorable island market. For a buyer that means time and selection across the towers; for a seller it means realistic pricing and patience.
| Neighborhood | Months of supply | Market |
|---|---|---|
| Brickell Key | 14.0 | 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 | 13.6 |
| 2025-12 | 21.5 |
| 2026-01 | 18.6 |
| 2026-02 | 15.7 |
| 2026-03 | 12.0 |
| 2026-04 | 14.0 |
| Month | Value |
|---|---|
| 2025-11 | 143 |
| 2025-12 | 132 |
| 2026-01 | 128 |
| 2026-02 | 150 |
| 2026-03 | 155 |
| 2026-04 | 193 |
Brickell Key is a small island condo market, so its median jumps around on unit mix. I price by building and comparable sales, and right now the long days-on-market and high supply favor a patient buyer.
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 Brickell Key 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. "Brickell Key Home Prices 2026: $600K Median." As of April 2026. https://luxurydade.com/reports/neighborhoods/brickell-key-home-prices-2026 (verified June 5, 2026).
Related Guides and Data
- Brickell Luxury Condos Guide
- Brickell Waterfront Guide
- South Florida Housing Market Data (full dashboard)