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: 13886
High Rise (8 or more): 1335
Low Rise (1-3 Floors): 4736
ManufacturedHouse: 805
Mid Rise (4-7 Floors): 1244
Townhouse: 586
Villa Attached: 1059
Villa Detached: 62

Avg. Asking Price

Single Family: $1,142,339
High Rise (8 or more): $1,788,597
Low Rise (1-3 Floors): $475,817
ManufacturedHouse: $240,473
Mid Rise (4-7 Floors): $954,090
Townhouse: $370,511
Villa Attached: $510,254
Villa Detached: $1,049,591

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: $407
High Rise (8 or more): $743
Low Rise (1-3 Floors): $313
ManufacturedHouse: $967
Mid Rise (4-7 Floors): $502
Townhouse: $224
Villa Attached: $303
Villa Detached: $434

Sold Properties

Average Asking Price

ManufacturedHouse: $191,201
High Rise (8 or more): $1,977,558
Mid Rise (4-7 Floors): $605,823
Low Rise (1-3 Floors): $427,314
Villa Attached: $531,545
Single Family: $877,060
Townhouse: $343,630
Villa Detached: $1,369,052

Average Selling Price

ManufacturedHouse: $177,074
High Rise (8 or more): $1,848,696
Mid Rise (4-7 Floors): $567,227
Low Rise (1-3 Floors): $402,145
Villa Attached: $506,577
Single Family: $826,741
Townhouse: $328,144
Villa Detached: $1,284,423

Selling vs Asking Price

ManufacturedHouse: -7.39%
High Rise (8 or more): -6.52%
Mid Rise (4-7 Floors): -6.37%
Low Rise (1-3 Floors): -5.89%
Villa Attached: -4.7%
Single Family: -5.74%
Townhouse: -4.51%
Villa Detached: -6.18%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 122
Low Rise (1-3 Floors): 102
ManufacturedHouse: 106
Mid Rise (4-7 Floors): 116
Townhouse: 100
Villa Attached: 83
Villa Detached: 130

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