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: 12013
High Rise (8 or more): 1027
Low Rise (1-3 Floors): 3661
ManufacturedHouse: 675
Mid Rise (4-7 Floors): 972
Townhouse: 525
Villa Attached: 825
Villa Detached: 49

Avg. Asking Price

Single Family: $1,105,584
High Rise (8 or more): $1,686,643
Low Rise (1-3 Floors): $451,817
ManufacturedHouse: $235,782
Mid Rise (4-7 Floors): $1,031,869
Townhouse: $352,484
Villa Attached: $466,729
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: $1144
High Rise (8 or more): $717
Low Rise (1-3 Floors): $307
ManufacturedHouse: $1104
Mid Rise (4-7 Floors): $497
Townhouse: $216
Villa Attached: $285
Villa Detached: $415

Sold Properties

Average Asking Price

ManufacturedHouse: $190,322
High Rise (8 or more): $1,929,988
Mid Rise (4-7 Floors): $671,369
Low Rise (1-3 Floors): $424,616
Villa Attached: $519,445
Single Family: $824,292
Townhouse: $343,994
Villa Detached: $1,104,271

Average Selling Price

ManufacturedHouse: $177,828
High Rise (8 or more): $1,795,392
Mid Rise (4-7 Floors): $630,480
Low Rise (1-3 Floors): $398,772
Villa Attached: $495,373
Single Family: $778,176
Townhouse: $326,938
Villa Detached: $1,029,679

Selling vs Asking Price

ManufacturedHouse: -6.56%
High Rise (8 or more): -6.97%
Mid Rise (4-7 Floors): -6.09%
Low Rise (1-3 Floors): -6.09%
Villa Attached: -4.63%
Single Family: -5.59%
Townhouse: -4.96%
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): 116
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.