Palmetto Bay

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This is one of the hottest real estate markets in Miami-Dade due to its’ great schools, multiple parks and single family affordable housing.

Click here to learn more about the Village of Palmetto Bay.

Active Properties Statistics

Properties On Market

Single Family: 13873
High Rise (8 or more): 1342
Low Rise (1-3 Floors): 4732
ManufacturedHouse: 800
Mid Rise (4-7 Floors): 1233
Townhouse: 587
Villa Attached: 1061
Villa Detached: 61

Avg. Asking Price

Single Family: $1,150,145
High Rise (8 or more): $1,804,121
Low Rise (1-3 Floors): $474,400
ManufacturedHouse: $241,246
Mid Rise (4-7 Floors): $953,738
Townhouse: $372,097
Villa Attached: $507,009
Villa Detached: $1,057,044

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: $408
High Rise (8 or more): $744
Low Rise (1-3 Floors): $313
ManufacturedHouse: $972
Mid Rise (4-7 Floors): $504
Townhouse: $224
Villa Attached: $302
Villa Detached: $436

Sold Properties

Average Asking Price

ManufacturedHouse: $191,899
Low Rise (1-3 Floors): $427,199
Mid Rise (4-7 Floors): $593,370
High Rise (8 or more): $1,926,286
Villa Attached: $529,903
Single Family: $878,054
Townhouse: $341,633
Villa Detached: $1,335,717

Average Selling Price

ManufacturedHouse: $177,727
Low Rise (1-3 Floors): $402,299
Mid Rise (4-7 Floors): $555,636
High Rise (8 or more): $1,803,914
Villa Attached: $505,012
Single Family: $827,573
Townhouse: $326,403
Villa Detached: $1,253,876

Selling vs Asking Price

ManufacturedHouse: -7.39%
Low Rise (1-3 Floors): -5.83%
Mid Rise (4-7 Floors): -6.36%
High Rise (8 or more): -6.35%
Villa Attached: -4.7%
Single Family: -5.75%
Townhouse: -4.46%
Villa Detached: -6.13%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 123
Low Rise (1-3 Floors): 102
ManufacturedHouse: 105
Mid Rise (4-7 Floors): 114
Townhouse: 99
Villa Attached: 85
Villa Detached: 130

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