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: 11568
High Rise (8 or more): 977
Low Rise (1-3 Floors): 3454
ManufacturedHouse: 682
Mid Rise (4-7 Floors): 913
Townhouse: 507
Villa Attached: 779
Villa Detached: 42

Avg. Asking Price

Single Family: $1,084,848
High Rise (8 or more): $1,721,146
Low Rise (1-3 Floors): $455,678
ManufacturedHouse: $237,742
Mid Rise (4-7 Floors): $1,117,703
Townhouse: $344,600
Villa Attached: $447,704
Villa Detached: $962,838

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: $1168
High Rise (8 or more): $725
Low Rise (1-3 Floors): $304
ManufacturedHouse: $1095
Mid Rise (4-7 Floors): $507
Townhouse: $213
Villa Attached: $279
Villa Detached: $403

Sold Properties

Average Asking Price

ManufacturedHouse: $185,518
Low Rise (1-3 Floors): $415,706
High Rise (8 or more): $1,762,743
Mid Rise (4-7 Floors): $667,455
Villa Attached: $469,600
Single Family: $813,563
Villa Detached: $827,726
Townhouse: $341,531

Average Selling Price

ManufacturedHouse: $173,891
Low Rise (1-3 Floors): $390,827
High Rise (8 or more): $1,636,634
Mid Rise (4-7 Floors): $628,526
Villa Attached: $448,524
Single Family: $767,183
Villa Detached: $765,921
Townhouse: $323,245

Selling vs Asking Price

ManufacturedHouse: -6.27%
Low Rise (1-3 Floors): -5.98%
High Rise (8 or more): -7.15%
Mid Rise (4-7 Floors): -5.83%
Villa Attached: -4.49%
Single Family: -5.7%
Villa Detached: -7.47%
Townhouse: -5.35%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 146
Low Rise (1-3 Floors): 110
ManufacturedHouse: 115
Mid Rise (4-7 Floors): 123
Townhouse: 90
Villa Attached: 90
Villa Detached: 139

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