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: 16667
Duplex: 42
High Rise (8 or more): 1335
Low Rise (1-3 Floors): 4952
LowRise,Duplex: 16
ManufacturedHouse: 952
Townhouse: 650
Townhouse,Duplex: 11
Villa Attached: 1234
Villa Detached: 70

Avg. Asking Price

Single Family: $1,130,972
Duplex: $744,976
High Rise (8 or more): $1,799,947
Low Rise (1-3 Floors): $472,022
LowRise,Duplex: $746,244
ManufacturedHouse: $223,135
Townhouse: $368,889
Townhouse,Duplex: $652,636
Villa Attached: $518,925
Villa Detached: $1,072,750

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: $538
Duplex: $419
High Rise (8 or more): $757
Low Rise (1-3 Floors): $317
LowRise,Duplex: $565
ManufacturedHouse: $206
Townhouse: $224
Townhouse,Duplex: $415
Villa Attached: $314
Villa Detached: $480

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $436,387
High Rise (8 or more): $1,879,894
Single Family: $858,196
LowRise,Duplex: $685,000
Duplex: $469,974
ManufacturedHouse: $187,761
Villa Attached: $520,283
Villa Detached: $1,260,312
Townhouse: $371,551
Townhouse,Duplex: $409,000

Average Selling Price

Low Rise (1-3 Floors): $412,242
High Rise (8 or more): $1,731,830
Single Family: $798,151
LowRise,Duplex: $640,000
Duplex: $438,125
ManufacturedHouse: $171,554
Villa Attached: $489,409
Villa Detached: $1,193,459
Townhouse: $356,202
Townhouse,Duplex: $390,000

Selling vs Asking Price

Low Rise (1-3 Floors): -5.53%
High Rise (8 or more): -7.88%
Single Family: -7%
LowRise,Duplex: -6.57%
Duplex: -6.78%
ManufacturedHouse: -8.63%
Villa Attached: -5.93%
Villa Detached: -5.3%
Townhouse: -4.13%
Townhouse,Duplex: -4.65%

Avg. Days On Market

Single Family: 79
Duplex: 41
High Rise (8 or more): 105
Low Rise (1-3 Floors): 89
LowRise,Duplex: 198
ManufacturedHouse: 76
Townhouse: 87
Townhouse,Duplex: 116
Villa Attached: 76
Villa Detached: 81

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