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: 16129
Duplex: 42
High Rise (8 or more): 1280
Low Rise (1-3 Floors): 4758
LowRise,Duplex: 13
ManufacturedHouse: 922
Townhouse: 626
Townhouse,Duplex: 10
Villa Attached: 1198
Villa Detached: 63

Avg. Asking Price

Single Family: $1,106,557
Duplex: $798,310
High Rise (8 or more): $1,755,475
Low Rise (1-3 Floors): $470,801
LowRise,Duplex: $834,223
ManufacturedHouse: $224,278
Townhouse: $359,234
Townhouse,Duplex: $653,400
Villa Attached: $514,859
Villa Detached: $880,452

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $535
Duplex: $425
High Rise (8 or more): $747
Low Rise (1-3 Floors): $318
LowRise,Duplex: $623
ManufacturedHouse: $207
Townhouse: $219
Townhouse,Duplex: $398
Villa Attached: $311
Villa Detached: $416

Sold Properties

Average Asking Price

High Rise (8 or more): $1,864,482
Single Family: $867,563
Low Rise (1-3 Floors): $429,477
LowRise,Duplex: $492,000
Duplex: $469,974
ManufacturedHouse: $181,554
Villa Attached: $494,791
Villa Detached: $1,235,029
Townhouse: $388,812
Townhouse,Duplex: $484,333

Average Selling Price

High Rise (8 or more): $1,711,853
Single Family: $804,776
Low Rise (1-3 Floors): $404,580
LowRise,Duplex: $437,500
Duplex: $438,125
ManufacturedHouse: $167,089
Villa Attached: $468,651
Villa Detached: $1,167,431
Townhouse: $370,372
Townhouse,Duplex: $461,333

Selling vs Asking Price

High Rise (8 or more): -8.19%
Single Family: -7.24%
Low Rise (1-3 Floors): -5.8%
LowRise,Duplex: -11.08%
Duplex: -6.78%
ManufacturedHouse: -7.97%
Villa Attached: -5.28%
Villa Detached: -5.47%
Townhouse: -4.74%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 81
Duplex: 41
High Rise (8 or more): 109
Low Rise (1-3 Floors): 88
LowRise,Duplex: 183
ManufacturedHouse: 76
Townhouse: 90
Townhouse,Duplex: 91
Villa Attached: 76
Villa Detached: 75

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