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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: 15011
High Rise (8 or more): 1523
Low Rise (1-3 Floors): 5393
ManufacturedHouse: 951
Mid Rise (4-7 Floors): 1469
Townhouse: 644
Villa Attached: 1256
Villa Detached: 67

Avg. Asking Price

Single Family: $1,144,281
High Rise (8 or more): $1,822,055
Low Rise (1-3 Floors): $473,315
ManufacturedHouse: $220,006
Mid Rise (4-7 Floors): $1,061,302
Townhouse: $367,620
Villa Attached: $529,260
Villa Detached: $1,068,286

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: $410
High Rise (8 or more): $748
Low Rise (1-3 Floors): $314
ManufacturedHouse: $201
Mid Rise (4-7 Floors): $528
Townhouse: $232
Villa Attached: $310
Villa Detached: $462

Sold Properties

Average Asking Price

ManufacturedHouse: $183,781
Low Rise (1-3 Floors): $434,719
Mid Rise (4-7 Floors): $653,415
High Rise (8 or more): $1,801,979
Villa Attached: $474,303
Single Family: $874,043
Villa Detached: $844,557
Townhouse: $330,479

Average Selling Price

ManufacturedHouse: $167,024
Low Rise (1-3 Floors): $410,396
Mid Rise (4-7 Floors): $612,943
High Rise (8 or more): $1,678,971
Villa Attached: $451,742
Single Family: $823,520
Villa Detached: $773,179
Townhouse: $314,885

Selling vs Asking Price

ManufacturedHouse: -9.12%
Low Rise (1-3 Floors): -5.6%
Mid Rise (4-7 Floors): -6.19%
High Rise (8 or more): -6.83%
Villa Attached: -4.76%
Single Family: -5.78%
Villa Detached: -8.45%
Townhouse: -4.72%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 139
Low Rise (1-3 Floors): 100
ManufacturedHouse: 126
Mid Rise (4-7 Floors): 116
Townhouse: 90
Villa Attached: 86
Villa Detached: 89

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