South Miami

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South Miami is yet another gem in the paradise that is the state of Florida. It is the ideal place for families looking to enjoy a high quality of life, a variety of recreational opportunities, and an abundant selection of employment options. While sea and sun are standard trademarks of Florida, this area is known for being covered by trees and plant life, historical buildings, and high-end retail shopping. Some of the many parks, located in South Miami include: Palmer Park, Fuchs Park, Marshall Williamson Park, the Jean H. Willis Flowering Tree Park, Brewer Park, and Murray Park. South Miami is an area that truly appreciates nature and enjoying outdoor activities with family and friends. When it’s a little too hot, there are some large shopping areas to peruse, while keeping cool. There is also a wide variety of restaurants, many of which are highly recommended on sites such as TripAdvisor. Whether raising a family or not, living in South Miami ensures comfort and satisfaction.

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Active Properties Statistics

Properties On Market

Single Family: 11183
High Rise (8 or more): 949
Low Rise (1-3 Floors): 3317
ManufacturedHouse: 659
Mid Rise (4-7 Floors): 870
Townhouse: 485
Villa Attached: 777
Villa Detached: 42

Avg. Asking Price

Single Family: $1,052,451
High Rise (8 or more): $1,747,090
Low Rise (1-3 Floors): $451,099
ManufacturedHouse: $214,533
Mid Rise (4-7 Floors): $1,188,193
Townhouse: $349,674
Villa Attached: $452,386
Villa Detached: $939,071

Avg. Beds & baths

Single Family: 3/2
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: $820
High Rise (8 or more): $725
Low Rise (1-3 Floors): $304
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $519
Townhouse: $212
Villa Attached: $280
Villa Detached: $411

Sold Properties

Average Asking Price

ManufacturedHouse: $177,610
Low Rise (1-3 Floors): $381,126
High Rise (8 or more): $1,419,012
Mid Rise (4-7 Floors): $582,667
Villa Attached: $436,233
Single Family: $800,501
Villa Detached: $1,245,350
Townhouse: $339,965

Average Selling Price

ManufacturedHouse: $164,430
Low Rise (1-3 Floors): $357,170
High Rise (8 or more): $1,314,408
Mid Rise (4-7 Floors): $546,881
Villa Attached: $415,160
Single Family: $751,728
Villa Detached: $1,145,643
Townhouse: $322,119

Selling vs Asking Price

ManufacturedHouse: -7.42%
Low Rise (1-3 Floors): -6.29%
High Rise (8 or more): -7.37%
Mid Rise (4-7 Floors): -6.14%
Villa Attached: -4.83%
Single Family: -6.09%
Villa Detached: -8.01%
Townhouse: -5.25%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 152
Low Rise (1-3 Floors): 118
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 130
Townhouse: 79
Villa Attached: 91
Villa Detached: 93

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