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: 12746
High Rise (8 or more): 1114
Low Rise (1-3 Floors): 4053
ManufacturedHouse: 704
Mid Rise (4-7 Floors): 1067
Townhouse: 550
Villa Attached: 907
Villa Detached: 50

Avg. Asking Price

Single Family: $1,119,865
High Rise (8 or more): $1,766,207
Low Rise (1-3 Floors): $467,476
ManufacturedHouse: $238,208
Mid Rise (4-7 Floors): $943,464
Townhouse: $358,430
Villa Attached: $484,166
Villa Detached: $1,002,360

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: $400
High Rise (8 or more): $734
Low Rise (1-3 Floors): $311
ManufacturedHouse: $1069
Mid Rise (4-7 Floors): $487
Townhouse: $218
Villa Attached: $292
Villa Detached: $423

Sold Properties

Average Asking Price

ManufacturedHouse: $191,598
High Rise (8 or more): $1,917,279
Low Rise (1-3 Floors): $434,611
Mid Rise (4-7 Floors): $643,569
Villa Attached: $527,892
Villa Detached: $1,121,420
Single Family: $853,020
Townhouse: $333,379

Average Selling Price

ManufacturedHouse: $179,064
High Rise (8 or more): $1,789,739
Low Rise (1-3 Floors): $408,584
Mid Rise (4-7 Floors): $603,734
Villa Attached: $504,193
Villa Detached: $1,052,067
Single Family: $803,788
Townhouse: $317,986

Selling vs Asking Price

ManufacturedHouse: -6.54%
High Rise (8 or more): -6.65%
Low Rise (1-3 Floors): -5.99%
Mid Rise (4-7 Floors): -6.19%
Villa Attached: -4.49%
Villa Detached: -6.18%
Single Family: -5.77%
Townhouse: -4.62%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 130
Low Rise (1-3 Floors): 102
ManufacturedHouse: 107
Mid Rise (4-7 Floors): 116
Townhouse: 106
Villa Attached: 85
Villa Detached: 138

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