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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: 11543
High Rise (8 or more): 975
Low Rise (1-3 Floors): 3452
ManufacturedHouse: 684
Mid Rise (4-7 Floors): 915
Townhouse: 509
Villa Attached: 778
Villa Detached: 43

Avg. Asking Price

Single Family: $1,082,291
High Rise (8 or more): $1,720,390
Low Rise (1-3 Floors): $456,745
ManufacturedHouse: $237,524
Mid Rise (4-7 Floors): $1,123,348
Townhouse: $344,734
Villa Attached: $447,035
Villa Detached: $946,726

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: $1169
High Rise (8 or more): $726
Low Rise (1-3 Floors): $305
ManufacturedHouse: $1092
Mid Rise (4-7 Floors): $510
Townhouse: $213
Villa Attached: $279
Villa Detached: $399

Sold Properties

Average Asking Price

ManufacturedHouse: $186,194
High Rise (8 or more): $1,765,353
Low Rise (1-3 Floors): $414,455
Mid Rise (4-7 Floors): $668,944
Villa Attached: $470,541
Single Family: $820,091
Villa Detached: $833,790
Townhouse: $342,702

Average Selling Price

ManufacturedHouse: $174,406
High Rise (8 or more): $1,638,252
Low Rise (1-3 Floors): $389,405
Mid Rise (4-7 Floors): $629,905
Villa Attached: $449,271
Single Family: $773,441
Villa Detached: $771,875
Townhouse: $324,277

Selling vs Asking Price

ManufacturedHouse: -6.33%
High Rise (8 or more): -7.2%
Low Rise (1-3 Floors): -6.04%
Mid Rise (4-7 Floors): -5.84%
Villa Attached: -4.52%
Single Family: -5.69%
Villa Detached: -7.43%
Townhouse: -5.38%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 144
Low Rise (1-3 Floors): 110
ManufacturedHouse: 116
Mid Rise (4-7 Floors): 122
Townhouse: 92
Villa Attached: 91
Villa Detached: 141

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