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: 12041
High Rise (8 or more): 1027
Low Rise (1-3 Floors): 3676
ManufacturedHouse: 676
Mid Rise (4-7 Floors): 976
Townhouse: 529
Villa Attached: 826
Villa Detached: 49

Avg. Asking Price

Single Family: $1,106,078
High Rise (8 or more): $1,682,818
Low Rise (1-3 Floors): $452,475
ManufacturedHouse: $235,789
Mid Rise (4-7 Floors): $1,031,251
Townhouse: $351,778
Villa Attached: $467,011
Villa Detached: $980,416

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: $1142
High Rise (8 or more): $716
Low Rise (1-3 Floors): $307
ManufacturedHouse: $1103
Mid Rise (4-7 Floors): $497
Townhouse: $216
Villa Attached: $285
Villa Detached: $415

Sold Properties

Average Asking Price

ManufacturedHouse: $191,098
Low Rise (1-3 Floors): $424,158
Mid Rise (4-7 Floors): $666,449
High Rise (8 or more): $1,941,904
Villa Attached: $519,964
Single Family: $826,145
Townhouse: $345,686
Villa Detached: $1,104,271

Average Selling Price

ManufacturedHouse: $178,540
Low Rise (1-3 Floors): $398,341
Mid Rise (4-7 Floors): $625,815
High Rise (8 or more): $1,806,197
Villa Attached: $495,855
Single Family: $779,858
Townhouse: $328,671
Villa Detached: $1,029,679

Selling vs Asking Price

ManufacturedHouse: -6.57%
Low Rise (1-3 Floors): -6.09%
Mid Rise (4-7 Floors): -6.1%
High Rise (8 or more): -6.99%
Villa Attached: -4.64%
Single Family: -5.6%
Townhouse: -4.92%
Villa Detached: -6.75%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 140
Low Rise (1-3 Floors): 105
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 117
Townhouse: 95
Villa Attached: 88
Villa Detached: 134

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