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: 11650
Duplex: 12
High Rise (8 or more): 1016
Low Rise (1-3 Floors): 3692
Manufactured House: 440
ManufacturedHouse: 260
Mid Rise (4-7 Floors): 1025
Townhouse: 488
Villa Attached: 840
Villa Detached: 57

Avg. Asking Price

Single Family: $1,087,079
Duplex: $780,525
High Rise (8 or more): $1,913,234
Low Rise (1-3 Floors): $454,324
Manufactured House: $204,370
ManufacturedHouse: $233,769
Mid Rise (4-7 Floors): $1,224,782
Townhouse: $353,805
Villa Attached: $489,360
Villa Detached: $1,075,146

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $811
Duplex: $327
High Rise (8 or more): $758
Low Rise (1-3 Floors): $304
Manufactured House: $192
ManufacturedHouse: $222
Mid Rise (4-7 Floors): $534
Townhouse: $214
Villa Attached: $293
Villa Detached: $459

Sold Properties

Average Asking Price

ManufacturedHouse: $183,473
Mid Rise (4-7 Floors): $584,844
High Rise (8 or more): $1,416,930
Low Rise (1-3 Floors): $377,372
Single Family: $791,191
Villa Attached: $415,170
Manufactured House: $183,816
Villa Detached: $1,241,800
Townhouse: $330,751

Average Selling Price

ManufacturedHouse: $168,043
Mid Rise (4-7 Floors): $546,439
High Rise (8 or more): $1,302,955
Low Rise (1-3 Floors): $355,053
Single Family: $745,739
Villa Attached: $398,339
Manufactured House: $173,053
Villa Detached: $1,146,500
Townhouse: $316,673

Selling vs Asking Price

ManufacturedHouse: -8.41%
Mid Rise (4-7 Floors): -6.57%
High Rise (8 or more): -8.04%
Low Rise (1-3 Floors): -5.91%
Single Family: -5.74%
Villa Attached: -4.05%
Manufactured House: -5.86%
Villa Detached: -7.67%
Townhouse: -4.26%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 140
Low Rise (1-3 Floors): 114
Manufactured House: 76
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 121
Townhouse: 79
Villa Attached: 89
Villa Detached: 98

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