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: 15023
High Rise (8 or more): 1513
Low Rise (1-3 Floors): 5403
ManufacturedHouse: 948
Mid Rise (4-7 Floors): 1463
Townhouse: 648
Villa Attached: 1257
Villa Detached: 67

Avg. Asking Price

Single Family: $1,145,060
High Rise (8 or more): $1,830,976
Low Rise (1-3 Floors): $474,527
ManufacturedHouse: $219,682
Mid Rise (4-7 Floors): $1,061,146
Townhouse: $367,174
Villa Attached: $530,658
Villa Detached: $1,029,540

Avg. Beds & baths

Single Family: 3/3
High Rise (8 or more): 3/2
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: $416
High Rise (8 or more): $748
Low Rise (1-3 Floors): $315
ManufacturedHouse: $201
Mid Rise (4-7 Floors): $528
Townhouse: $231
Villa Attached: $310
Villa Detached: $454

Sold Properties

Average Asking Price

ManufacturedHouse: $181,685
High Rise (8 or more): $1,802,274
Low Rise (1-3 Floors): $434,503
Mid Rise (4-7 Floors): $660,890
Villa Attached: $475,932
Villa Detached: $844,557
Townhouse: $330,129
Single Family: $882,198

Average Selling Price

ManufacturedHouse: $164,928
High Rise (8 or more): $1,682,635
Low Rise (1-3 Floors): $410,085
Mid Rise (4-7 Floors): $616,922
Villa Attached: $453,246
Villa Detached: $773,179
Townhouse: $313,956
Single Family: $831,032

Selling vs Asking Price

ManufacturedHouse: -9.22%
High Rise (8 or more): -6.64%
Low Rise (1-3 Floors): -5.62%
Mid Rise (4-7 Floors): -6.65%
Villa Attached: -4.77%
Villa Detached: -8.45%
Townhouse: -4.9%
Single Family: -5.8%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 136
Low Rise (1-3 Floors): 99
ManufacturedHouse: 124
Mid Rise (4-7 Floors): 116
Townhouse: 91
Villa Attached: 85
Villa Detached: 89

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