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: 13871
High Rise (8 or more): 1337
Low Rise (1-3 Floors): 4728
ManufacturedHouse: 804
Mid Rise (4-7 Floors): 1237
Townhouse: 585
Villa Attached: 1060
Villa Detached: 62

Avg. Asking Price

Single Family: $1,144,365
High Rise (8 or more): $1,799,398
Low Rise (1-3 Floors): $474,881
ManufacturedHouse: $240,566
Mid Rise (4-7 Floors): $950,382
Townhouse: $371,294
Villa Attached: $506,639
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: $408
High Rise (8 or more): $744
Low Rise (1-3 Floors): $313
ManufacturedHouse: $968
Mid Rise (4-7 Floors): $501
Townhouse: $224
Villa Attached: $301
Villa Detached: $434

Sold Properties

Average Asking Price

ManufacturedHouse: $191,454
Low Rise (1-3 Floors): $425,242
High Rise (8 or more): $1,945,397
Mid Rise (4-7 Floors): $605,951
Villa Attached: $534,536
Single Family: $875,778
Townhouse: $342,968
Villa Detached: $1,369,052

Average Selling Price

ManufacturedHouse: $177,319
Low Rise (1-3 Floors): $400,313
High Rise (8 or more): $1,820,809
Mid Rise (4-7 Floors): $567,340
Villa Attached: $509,376
Single Family: $825,519
Townhouse: $327,532
Villa Detached: $1,284,423

Selling vs Asking Price

ManufacturedHouse: -7.38%
Low Rise (1-3 Floors): -5.86%
High Rise (8 or more): -6.4%
Mid Rise (4-7 Floors): -6.37%
Villa Attached: -4.71%
Single Family: -5.74%
Townhouse: -4.5%
Villa Detached: -6.18%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 121
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.