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: 15086
Duplex: 36
High Rise (8 or more): 1150
Low Rise (1-3 Floors): 4323
LowRise,Duplex: 11
ManufacturedHouse: 864
Townhouse: 573
Townhouse,Duplex: 9
Villa Attached: 1072
Villa Detached: 55

Avg. Asking Price

Single Family: $1,062,935
Duplex: $799,244
High Rise (8 or more): $1,671,825
Low Rise (1-3 Floors): $466,813
LowRise,Duplex: $912,000
ManufacturedHouse: $221,284
Townhouse: $356,109
Townhouse,Duplex: $568,333
Villa Attached: $500,484
Villa Detached: $940,880

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: $477
Duplex: $440
High Rise (8 or more): $736
Low Rise (1-3 Floors): $314
LowRise,Duplex: $654
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $304
Villa Detached: $432

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $402,312
High Rise (8 or more): $1,661,787
Single Family: $756,249
LowRise,Duplex: $284,000
Duplex: $401,579
ManufacturedHouse: $196,609
Villa Attached: $479,339
Villa Detached: $1,090,096
Townhouse: $360,492
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $376,888
High Rise (8 or more): $1,513,057
Single Family: $708,219
LowRise,Duplex: $252,000
Duplex: $363,000
ManufacturedHouse: $179,368
Villa Attached: $451,453
Villa Detached: $1,030,446
Townhouse: $342,854
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.32%
High Rise (8 or more): -8.95%
Single Family: -6.35%
LowRise,Duplex: -11.27%
Duplex: -9.61%
ManufacturedHouse: -8.77%
Villa Attached: -5.82%
Villa Detached: -5.47%
Townhouse: -4.89%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 83
Duplex: 112
High Rise (8 or more): 145
HighRise,Duplex: 179
Low Rise (1-3 Floors): 90
LowRise,Duplex: 92
ManufacturedHouse: 100
Townhouse: 70
Townhouse,Duplex: 103
Villa Attached: 77
Villa Detached: 112

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