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: 14900
High Rise (8 or more): 1527
Low Rise (1-3 Floors): 5375
ManufacturedHouse: 872
Mid Rise (4-7 Floors): 1449
Townhouse: 656
Villa Attached: 1210
Villa Detached: 66

Avg. Asking Price

Single Family: $1,168,459
High Rise (8 or more): $1,796,650
Low Rise (1-3 Floors): $472,552
ManufacturedHouse: $218,506
Mid Rise (4-7 Floors): $1,026,277
Townhouse: $360,058
Villa Attached: $533,289
Villa Detached: $1,115,489

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: $415
High Rise (8 or more): $742
Low Rise (1-3 Floors): $313
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $512
Townhouse: $230
Villa Attached: $312
Villa Detached: $470

Sold Properties

Average Asking Price

ManufacturedHouse: $193,385
Low Rise (1-3 Floors): $432,991
Mid Rise (4-7 Floors): $659,853
High Rise (8 or more): $1,923,747
Villa Attached: $471,197
Single Family: $896,793
Townhouse: $352,995
Villa Detached: $1,255,095

Average Selling Price

ManufacturedHouse: $177,264
Low Rise (1-3 Floors): $408,415
Mid Rise (4-7 Floors): $618,341
High Rise (8 or more): $1,794,926
Villa Attached: $448,371
Single Family: $845,010
Townhouse: $337,095
Villa Detached: $1,151,646

Selling vs Asking Price

ManufacturedHouse: -8.34%
Low Rise (1-3 Floors): -5.68%
Mid Rise (4-7 Floors): -6.29%
High Rise (8 or more): -6.7%
Villa Attached: -4.84%
Single Family: -5.77%
Townhouse: -4.5%
Villa Detached: -8.24%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 98
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 109
Townhouse: 87
Villa Attached: 87
Villa Detached: 140

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