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This is one of the hottest real estate markets in Miami-Dade due to its’ great schools, multiple parks and single family affordable housing.

Click here to learn more about the Village of Palmetto Bay.

Active Properties Statistics

Properties On Market

Single Family: 13020
High Rise (8 or more): 1168
Low Rise (1-3 Floors): 4221
ManufacturedHouse: 755
Mid Rise (4-7 Floors): 1115
Townhouse: 566
Villa Attached: 957
Villa Detached: 53

Avg. Asking Price

Single Family: $1,137,821
High Rise (8 or more): $1,759,724
Low Rise (1-3 Floors): $468,632
ManufacturedHouse: $235,225
Mid Rise (4-7 Floors): $951,997
Townhouse: $366,421
Villa Attached: $495,397
Villa Detached: $980,109

Avg. Beds & baths

Single Family: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
ManufacturedHouse: 2/2
Mid Rise (4-7 Floors): 2/2
Townhouse: 3/2
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $404
High Rise (8 or more): $734
Low Rise (1-3 Floors): $312
ManufacturedHouse: $1009
Mid Rise (4-7 Floors): $495
Townhouse: $223
Villa Attached: $298
Villa Detached: $431

Sold Properties

Average Asking Price

ManufacturedHouse: $193,693
Low Rise (1-3 Floors): $431,546
Mid Rise (4-7 Floors): $616,973
High Rise (8 or more): $1,965,917
Villa Attached: $514,899
Single Family: $854,468
Townhouse: $347,126
Villa Detached: $1,206,924

Average Selling Price

ManufacturedHouse: $180,636
Low Rise (1-3 Floors): $406,071
Mid Rise (4-7 Floors): $578,649
High Rise (8 or more): $1,836,075
Villa Attached: $491,954
Single Family: $806,082
Townhouse: $332,292
Villa Detached: $1,120,372

Selling vs Asking Price

ManufacturedHouse: -6.74%
Low Rise (1-3 Floors): -5.9%
Mid Rise (4-7 Floors): -6.21%
High Rise (8 or more): -6.6%
Villa Attached: -4.46%
Single Family: -5.66%
Townhouse: -4.27%
Villa Detached: -7.17%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 126
Low Rise (1-3 Floors): 102
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 115
Townhouse: 99
Villa Attached: 83
Villa Detached: 145

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.