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: 11368
Duplex: 8
High Rise (8 or more): 964
Low Rise (1-3 Floors): 3425
Manufactured House: 257
ManufacturedHouse: 420
Mid Rise (4-7 Floors): 910
Townhouse: 475
Villa Attached: 796
Villa Detached: 47

Avg. Asking Price

Single Family: $1,111,064
Duplex: $516,050
High Rise (8 or more): $1,875,469
Low Rise (1-3 Floors): $445,336
Manufactured House: $200,482
ManufacturedHouse: $221,097
Mid Rise (4-7 Floors): $1,224,384
Townhouse: $361,913
Villa Attached: $457,649
Villa Detached: $947,596

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: $834
Duplex: $266
High Rise (8 or more): $750
Low Rise (1-3 Floors): $301
Manufactured House: $184
ManufacturedHouse: $209
Mid Rise (4-7 Floors): $528
Townhouse: $217
Villa Attached: $283
Villa Detached: $430

Sold Properties

Average Asking Price

ManufacturedHouse: $176,018
Mid Rise (4-7 Floors): $568,392
Low Rise (1-3 Floors): $381,029
High Rise (8 or more): $1,388,755
Villa Attached: $434,542
Single Family: $813,230
Manufactured House: $176,231
Villa Detached: $1,407,992
Townhouse: $322,774

Average Selling Price

ManufacturedHouse: $161,917
Mid Rise (4-7 Floors): $530,655
Low Rise (1-3 Floors): $358,123
High Rise (8 or more): $1,273,001
Villa Attached: $414,808
Single Family: $764,703
Manufactured House: $167,733
Villa Detached: $1,302,625
Townhouse: $308,009

Selling vs Asking Price

ManufacturedHouse: -8.01%
Mid Rise (4-7 Floors): -6.64%
Low Rise (1-3 Floors): -6.01%
High Rise (8 or more): -8.34%
Villa Attached: -4.54%
Single Family: -5.97%
Manufactured House: -4.82%
Villa Detached: -7.48%
Townhouse: -4.57%

Avg. Days On Market

Single Family: 88
High Rise (8 or more): 143
Low Rise (1-3 Floors): 117
Manufactured House: 61
ManufacturedHouse: 115
Mid Rise (4-7 Floors): 127
Townhouse: 76
Villa Attached: 90
Villa Detached: 87

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