Quick answer: Brickell Key's Q2 2026 closed sales rose 23% year over year to 32 transactions, while median price per square foot softened a more modest 6.4%. About 9.2 months of supply currently favors buyers. Broker-Associate Carlos Olivares of BHHS EWM Realty tracks these Miami MLS numbers every quarter for all eleven Brickell Key buildings.
A single quarter’s numbers only tell you so much. Comparing the same quarter across two years is a better way to see whether the market is actually moving, so here is Q2 2026 (April through June) measured against Q2 2025, using real closed transactions from Miami MLS. Carlos Olivares, Broker-Associate at BHHS EWM Realty, pulls this comparison directly from MLS closed data for all eleven Brickell Key buildings.
Did Brickell Key Home Sales Increase in Q2 2026?
Yes. 32 homes closed on Brickell Key in Q2 2026, up from 26 a year ago, a 23% increase in transaction volume. Properties are also moving faster: median days on market dropped from 102 to 90.
Did Brickell Key Home Prices Go Up or Down in Q2 2026?
Price per square foot, the more reliable read, fell a modest 6.4% year over year. The headline median sale price fell further, from $824,000 to $612,500, a 25.7% drop, but with only 26 to 32 sales in a quarter that number is highly sensitive to which specific units happened to close rather than a true market signal. Median price per square foot fell from $644 to $602, a real but much smaller softening. The average sale-to-list ratio also eased slightly, from 95.3% to 93.5%, meaning sellers are giving up a bit more room at the negotiating table than a year ago.
What Happened to Brickell Key Rental Prices in Q2 2026?
Rental volume held perfectly flat at 71 closed leases in both years, while median rent fell 12.5%, from $4,000 to $3,500. Days on market for rentals stayed flat at 43.
Is Brickell Key a Buyer’s Market or a Seller’s Market Right Now?
With 98 active listings and roughly 9.2 months of supply, Brickell Key currently favors buyers, who have more selection and more negotiating room than a tighter market would allow. This is a live snapshot as of publish date, separate from the historical Q2-vs-Q2 comparison above. Check current listings for what is actually available today, or the live market dashboard for the latest rolling figures.
Q2 2026 vs. Q2 2025, at a glance
| Metric | Q2 2025 | Q2 2026 | Change |
|---|---|---|---|
| Closed sales | 26 | 32 | +23% |
| Median sale price | $824,000 | $612,500 | -25.7% |
| Median price per square foot | $644 | $602 | -6.4% |
| Median days on market (sales) | 102 | 90 | -12 days |
| Average sale-to-list ratio | 95.3% | 93.5% | -1.8 pts |
| Closed leases | 71 | 71 | flat |
| Median rent | $4,000 | $3,500 | -12.5% |
How to Use This Data If You’re Buying or Selling
- If you’re selling, price to the price-per-square-foot trend, not last year’s comps. A 6.4% softening is real, but the 25.7% median swing is mostly noise.
- If you’re buying, use the 9.2 months of supply as real negotiating leverage. There is more room than the headlines about Miami real estate might suggest.
- Check your specific building. Island-wide numbers blend eleven very different towers. See the full buildings guide or read the comparison of Brickell Key vs. Brickell for how location within the market affects pricing.
- Get current numbers before you act. Quarterly data is already a few weeks old by the time it is published.
- More transactions, closing faster
- Real, modest price softening on a per-square-foot basis
- Rental volume steady, rental prices down
- Inventory currently favors buyers
Methodology: figures reflect closed residential sales and leases recorded in Miami MLS for properties on Brickell Key Drive and Claughton Island Drive (all eleven buildings), comparing April 1 to June 30, 2026 to April 1 to June 30, 2025. Active listings and months-of-supply figures are a live snapshot as of publish date. All information deemed reliable but not guaranteed. Verify current listings and closed comparables independently before making a decision.
Thinking about buying, selling, or renting on Brickell Key? Reach out to Carlos and he’ll walk you through what these numbers mean for your specific situation.
