Foreclosure Homes in Bal Harbour, FL 33154

Current Market Conditions in Bal Harbour, FL

The real estate market in Bal Harbour remains robust, with a growing demand for luxury properties. The area is attracting affluent buyers looking for second homes and investment opportunities, leading to a steady increase in home prices and a competitive market.

As of now, there is a notable trend toward newly-built luxury condominiums, which are highly sought after due to their modern amenities and stunning ocean views. Buyers are particularly interested in properties that offer convenient access to the beach, shopping, and fine dining.

Rent Prices In Bal Harbour, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bal Harbour, FL, is on a rollercoaster ride. The average rent price in Bal Harbour, FL, is $2,878.00. Indeed, when looking to rent in Bal Harbour, FL, you can expect to pay as little as $910.00 or as much as $5,440.00, with the average rent median estimated to be $2,820.00. The good news is that finding an affordable and desirable property to rent in Bal Harbour, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.