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: 13885
High Rise (8 or more): 1335
Low Rise (1-3 Floors): 4728
ManufacturedHouse: 805
Mid Rise (4-7 Floors): 1239
Townhouse: 585
Villa Attached: 1060
Villa Detached: 62

Avg. Asking Price

Single Family: $1,142,218
High Rise (8 or more): $1,788,597
Low Rise (1-3 Floors): $476,254
ManufacturedHouse: $240,473
Mid Rise (4-7 Floors): $955,135
Townhouse: $370,649
Villa Attached: $509,994
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: $407
High Rise (8 or more): $743
Low Rise (1-3 Floors): $314
ManufacturedHouse: $967
Mid Rise (4-7 Floors): $502
Townhouse: $224
Villa Attached: $303
Villa Detached: $434

Sold Properties

Average Asking Price

ManufacturedHouse: $191,201
Low Rise (1-3 Floors): $427,574
Mid Rise (4-7 Floors): $606,281
High Rise (8 or more): $1,977,558
Villa Attached: $532,098
Single Family: $878,277
Townhouse: $343,630
Villa Detached: $1,369,052

Average Selling Price

ManufacturedHouse: $177,074
Low Rise (1-3 Floors): $402,375
Mid Rise (4-7 Floors): $567,615
High Rise (8 or more): $1,848,696
Villa Attached: $507,085
Single Family: $827,839
Townhouse: $328,144
Villa Detached: $1,284,423

Selling vs Asking Price

ManufacturedHouse: -7.39%
Low Rise (1-3 Floors): -5.89%
Mid Rise (4-7 Floors): -6.38%
High Rise (8 or more): -6.52%
Villa Attached: -4.7%
Single Family: -5.74%
Townhouse: -4.51%
Villa Detached: -6.18%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 122
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.