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: 15015
High Rise (8 or more): 1512
Low Rise (1-3 Floors): 5406
ManufacturedHouse: 948
Mid Rise (4-7 Floors): 1463
Townhouse: 649
Villa Attached: 1256
Villa Detached: 67

Avg. Asking Price

Single Family: $1,145,378
High Rise (8 or more): $1,831,691
Low Rise (1-3 Floors): $474,434
ManufacturedHouse: $219,682
Mid Rise (4-7 Floors): $1,061,146
Townhouse: $366,957
Villa Attached: $530,884
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: $311
Villa Detached: $454

Sold Properties

Average Asking Price

ManufacturedHouse: $181,685
Mid Rise (4-7 Floors): $660,890
Low Rise (1-3 Floors): $434,503
High Rise (8 or more): $1,797,597
Villa Attached: $475,201
Villa Detached: $844,557
Single Family: $881,142
Townhouse: $330,129

Average Selling Price

ManufacturedHouse: $164,928
Mid Rise (4-7 Floors): $616,922
Low Rise (1-3 Floors): $410,085
High Rise (8 or more): $1,678,445
Villa Attached: $452,562
Villa Detached: $773,179
Single Family: $830,057
Townhouse: $313,956

Selling vs Asking Price

ManufacturedHouse: -9.22%
Mid Rise (4-7 Floors): -6.65%
Low Rise (1-3 Floors): -5.62%
High Rise (8 or more): -6.63%
Villa Attached: -4.76%
Villa Detached: -8.45%
Single Family: -5.8%
Townhouse: -4.9%

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.