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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: 14855
High Rise (8 or more): 1527
Low Rise (1-3 Floors): 5379
ManufacturedHouse: 874
Mid Rise (4-7 Floors): 1445
Townhouse: 658
Villa Attached: 1212
Villa Detached: 66

Avg. Asking Price

Single Family: $1,170,368
High Rise (8 or more): $1,793,899
Low Rise (1-3 Floors): $471,994
ManufacturedHouse: $218,346
Mid Rise (4-7 Floors): $1,025,740
Townhouse: $363,385
Villa Attached: $532,792
Villa Detached: $1,115,565

Avg. Beds & baths

Single Family: 3/3
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: $415
High Rise (8 or more): $742
Low Rise (1-3 Floors): $313
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $512
Townhouse: $232
Villa Attached: $311
Villa Detached: $470

Sold Properties

Average Asking Price

ManufacturedHouse: $193,704
Low Rise (1-3 Floors): $433,477
Mid Rise (4-7 Floors): $665,116
High Rise (8 or more): $1,938,988
Villa Attached: $472,940
Single Family: $893,700
Townhouse: $340,696
Villa Detached: $1,287,322

Average Selling Price

ManufacturedHouse: $177,540
Low Rise (1-3 Floors): $408,909
Mid Rise (4-7 Floors): $623,190
High Rise (8 or more): $1,809,315
Villa Attached: $450,068
Single Family: $841,598
Townhouse: $325,587
Villa Detached: $1,178,127

Selling vs Asking Price

ManufacturedHouse: -8.34%
Low Rise (1-3 Floors): -5.67%
Mid Rise (4-7 Floors): -6.3%
High Rise (8 or more): -6.69%
Villa Attached: -4.84%
Single Family: -5.83%
Townhouse: -4.43%
Villa Detached: -8.48%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 98
ManufacturedHouse: 111
Mid Rise (4-7 Floors): 109
Townhouse: 87
Villa Attached: 87
Villa Detached: 148

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