Palmetto Bay

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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: 16127
Duplex: 42
High Rise (8 or more): 1279
Low Rise (1-3 Floors): 4776
LowRise,Duplex: 13
ManufacturedHouse: 922
Townhouse: 628
Townhouse,Duplex: 10
Villa Attached: 1194
Villa Detached: 64

Avg. Asking Price

Single Family: $1,104,573
Duplex: $798,310
High Rise (8 or more): $1,755,340
Low Rise (1-3 Floors): $470,430
LowRise,Duplex: $834,223
ManufacturedHouse: $224,034
Townhouse: $359,117
Townhouse,Duplex: $653,400
Villa Attached: $512,815
Villa Detached: $888,960

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $534
Duplex: $425
High Rise (8 or more): $747
Low Rise (1-3 Floors): $317
LowRise,Duplex: $623
ManufacturedHouse: $207
Townhouse: $219
Townhouse,Duplex: $398
Villa Attached: $310
Villa Detached: $419

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $430,543
High Rise (8 or more): $1,874,339
Single Family: $870,167
LowRise,Duplex: $492,000
Duplex: $469,974
ManufacturedHouse: $182,172
Villa Attached: $493,630
Villa Detached: $1,264,530
Townhouse: $386,168
Townhouse,Duplex: $484,333

Average Selling Price

Low Rise (1-3 Floors): $405,495
High Rise (8 or more): $1,720,520
Single Family: $806,791
LowRise,Duplex: $437,500
Duplex: $438,125
ManufacturedHouse: $167,481
Villa Attached: $467,321
Villa Detached: $1,194,845
Townhouse: $367,338
Townhouse,Duplex: $461,333

Selling vs Asking Price

Low Rise (1-3 Floors): -5.82%
High Rise (8 or more): -8.21%
Single Family: -7.28%
LowRise,Duplex: -11.08%
Duplex: -6.78%
ManufacturedHouse: -8.06%
Villa Attached: -5.33%
Villa Detached: -5.51%
Townhouse: -4.88%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 80
Duplex: 41
High Rise (8 or more): 110
Low Rise (1-3 Floors): 89
LowRise,Duplex: 183
ManufacturedHouse: 76
Townhouse: 88
Townhouse,Duplex: 91
Villa Attached: 75
Villa Detached: 77

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