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: 13971
Duplex: 17
High Rise (8 or more): 1317
Low Rise (1-3 Floors): 4618
LowRise,Duplex: 5
Manufactured: 513
ManufacturedHouse: 355
Mid Rise (4-7 Floors): 630
Townhouse: 596
Townhouse,Duplex: 4
Villa Attached: 1071
Villa Detached: 63

Avg. Asking Price

Single Family: $1,100,644
Duplex: $674,165
High Rise (8 or more): $1,802,259
Low Rise (1-3 Floors): $483,093
LowRise,Duplex: $979,400
Manufactured: $227,326
ManufacturedHouse: $199,868
Mid Rise (4-7 Floors): $1,219,068
Townhouse: $363,916
Townhouse,Duplex: $505,750
Villa Attached: $511,117
Villa Detached: $866,032

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 3/2
Manufactured: 2/2
ManufacturedHouse: 2/2
Mid Rise (4-7 Floors): 2/2
Townhouse: 3/2
Townhouse,Duplex: 4/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $408
Duplex: $382
High Rise (8 or more): $754
Low Rise (1-3 Floors): $317
LowRise,Duplex: $472
Manufactured: $214
ManufacturedHouse: $183
Mid Rise (4-7 Floors): $552
Townhouse: $232
Townhouse,Duplex: $286
Villa Attached: $304
Villa Detached: $407

Sold Properties

Average Asking Price

Manufactured: $183,780
High Rise (8 or more): $1,506,135
Low Rise (1-3 Floors): $419,299
Mid Rise (4-7 Floors): $647,224
Single Family: $782,953
Villa Attached: $464,663
Townhouse: $316,305
Villa Detached: $1,567,333
Duplex: $459,900
ManufacturedHouse: $182,425

Average Selling Price

Manufactured: $170,838
High Rise (8 or more): $1,370,696
Low Rise (1-3 Floors): $394,222
Mid Rise (4-7 Floors): $606,194
Single Family: $744,605
Villa Attached: $440,737
Townhouse: $301,079
Villa Detached: $1,474,944
Duplex: $435,000
ManufacturedHouse: $168,548

Selling vs Asking Price

Manufactured: -7.04%
High Rise (8 or more): -8.99%
Low Rise (1-3 Floors): -5.98%
Mid Rise (4-7 Floors): -6.34%
Single Family: -4.9%
Villa Attached: -5.15%
Townhouse: -4.81%
Villa Detached: -5.89%
Duplex: -5.41%
ManufacturedHouse: -7.61%

Avg. Days On Market

Single Family: 125
Duplex: 15
High Rise (8 or more): 197
Low Rise (1-3 Floors): 141
Manufactured: 153
ManufacturedHouse: 157
Mid Rise (4-7 Floors): 158
Townhouse: 142
Villa Attached: 143
Villa Detached: 141

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

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