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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: 11140
High Rise (8 or more): 957
Low Rise (1-3 Floors): 3280
ManufacturedHouse: 658
Mid Rise (4-7 Floors): 837
Townhouse: 482
Villa Attached: 763
Villa Detached: 40

Avg. Asking Price

Single Family: $1,058,076
High Rise (8 or more): $1,707,084
Low Rise (1-3 Floors): $454,706
ManufacturedHouse: $213,815
Mid Rise (4-7 Floors): $1,191,766
Townhouse: $340,267
Villa Attached: $442,600
Villa Detached: $989,878

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: $1192
High Rise (8 or more): $721
Low Rise (1-3 Floors): $305
ManufacturedHouse: $198
Mid Rise (4-7 Floors): $516
Townhouse: $209
Villa Attached: $276
Villa Detached: $399

Sold Properties

Average Asking Price

ManufacturedHouse: $181,029
Low Rise (1-3 Floors): $394,915
High Rise (8 or more): $1,504,273
Mid Rise (4-7 Floors): $616,784
Villa Attached: $447,122
Single Family: $800,818
Villa Detached: $968,492
Townhouse: $344,878

Average Selling Price

ManufacturedHouse: $168,660
Low Rise (1-3 Floors): $370,652
High Rise (8 or more): $1,397,094
Mid Rise (4-7 Floors): $581,314
Villa Attached: $426,047
Single Family: $754,552
Villa Detached: $902,542
Townhouse: $326,098

Selling vs Asking Price

ManufacturedHouse: -6.83%
Low Rise (1-3 Floors): -6.14%
High Rise (8 or more): -7.12%
Mid Rise (4-7 Floors): -5.75%
Villa Attached: -4.71%
Single Family: -5.78%
Villa Detached: -6.81%
Townhouse: -5.45%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 153
Low Rise (1-3 Floors): 114
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 126
Townhouse: 86
Villa Attached: 91
Villa Detached: 87

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