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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: 13010
High Rise (8 or more): 1178
Low Rise (1-3 Floors): 4233
ManufacturedHouse: 754
Mid Rise (4-7 Floors): 1118
Townhouse: 562
Villa Attached: 954
Villa Detached: 52

Avg. Asking Price

Single Family: $1,139,739
High Rise (8 or more): $1,748,168
Low Rise (1-3 Floors): $470,040
ManufacturedHouse: $235,228
Mid Rise (4-7 Floors): $953,042
Townhouse: $367,601
Villa Attached: $497,454
Villa Detached: $992,634

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: $405
High Rise (8 or more): $730
Low Rise (1-3 Floors): $312
ManufacturedHouse: $1010
Mid Rise (4-7 Floors): $497
Townhouse: $223
Villa Attached: $299
Villa Detached: $434

Sold Properties

Average Asking Price

ManufacturedHouse: $193,335
Low Rise (1-3 Floors): $431,322
Mid Rise (4-7 Floors): $611,152
High Rise (8 or more): $1,990,241
Villa Attached: $510,634
Single Family: $854,278
Townhouse: $346,932
Villa Detached: $1,206,924

Average Selling Price

ManufacturedHouse: $180,107
Low Rise (1-3 Floors): $405,725
Mid Rise (4-7 Floors): $573,434
High Rise (8 or more): $1,858,774
Villa Attached: $487,601
Single Family: $805,990
Townhouse: $332,043
Villa Detached: $1,120,372

Selling vs Asking Price

ManufacturedHouse: -6.84%
Low Rise (1-3 Floors): -5.93%
Mid Rise (4-7 Floors): -6.17%
High Rise (8 or more): -6.61%
Villa Attached: -4.51%
Single Family: -5.65%
Townhouse: -4.29%
Villa Detached: -7.17%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 126
Low Rise (1-3 Floors): 102
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 114
Townhouse: 97
Villa Attached: 82
Villa Detached: 140

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