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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: 13027
High Rise (8 or more): 1169
Low Rise (1-3 Floors): 4220
ManufacturedHouse: 756
Mid Rise (4-7 Floors): 1115
Townhouse: 568
Villa Attached: 959
Villa Detached: 53

Avg. Asking Price

Single Family: $1,137,092
High Rise (8 or more): $1,757,963
Low Rise (1-3 Floors): $468,488
ManufacturedHouse: $235,615
Mid Rise (4-7 Floors): $951,862
Townhouse: $368,583
Villa Attached: $495,159
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: $1008
Mid Rise (4-7 Floors): $495
Townhouse: $224
Villa Attached: $298
Villa Detached: $431

Sold Properties

Average Asking Price

ManufacturedHouse: $193,693
Low Rise (1-3 Floors): $431,185
Mid Rise (4-7 Floors): $616,781
High Rise (8 or more): $1,962,922
Villa Attached: $514,368
Single Family: $854,155
Townhouse: $344,964
Villa Detached: $1,206,924

Average Selling Price

ManufacturedHouse: $180,636
Low Rise (1-3 Floors): $405,718
Mid Rise (4-7 Floors): $578,527
High Rise (8 or more): $1,833,325
Villa Attached: $491,400
Single Family: $805,824
Townhouse: $330,247
Villa Detached: $1,120,372

Selling vs Asking Price

ManufacturedHouse: -6.74%
Low Rise (1-3 Floors): -5.91%
Mid Rise (4-7 Floors): -6.2%
High Rise (8 or more): -6.6%
Villa Attached: -4.47%
Single Family: -5.66%
Townhouse: -4.27%
Villa Detached: -7.17%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 102
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 115
Townhouse: 98
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.