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: 12224
High Rise (8 or more): 1052
Low Rise (1-3 Floors): 3800
ManufacturedHouse: 684
Mid Rise (4-7 Floors): 1025
Townhouse: 535
Villa Attached: 853
Villa Detached: 50

Avg. Asking Price

Single Family: $1,122,690
High Rise (8 or more): $1,700,328
Low Rise (1-3 Floors): $464,571
ManufacturedHouse: $235,824
Mid Rise (4-7 Floors): $961,789
Townhouse: $356,284
Villa Attached: $477,812
Villa Detached: $988,848

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: $1134
High Rise (8 or more): $725
Low Rise (1-3 Floors): $311
ManufacturedHouse: $1093
Mid Rise (4-7 Floors): $493
Townhouse: $218
Villa Attached: $290
Villa Detached: $419

Sold Properties

Average Asking Price

ManufacturedHouse: $191,732
Low Rise (1-3 Floors): $437,250
Mid Rise (4-7 Floors): $649,536
High Rise (8 or more): $1,908,153
Villa Attached: $525,773
Villa Detached: $1,121,420
Single Family: $853,117
Townhouse: $340,263

Average Selling Price

ManufacturedHouse: $179,079
Low Rise (1-3 Floors): $411,185
Mid Rise (4-7 Floors): $610,188
High Rise (8 or more): $1,780,434
Villa Attached: $502,088
Villa Detached: $1,052,067
Single Family: $803,541
Townhouse: $324,300

Selling vs Asking Price

ManufacturedHouse: -6.6%
Low Rise (1-3 Floors): -5.96%
Mid Rise (4-7 Floors): -6.06%
High Rise (8 or more): -6.69%
Villa Attached: -4.5%
Villa Detached: -6.18%
Single Family: -5.81%
Townhouse: -4.69%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 132
Low Rise (1-3 Floors): 102
ManufacturedHouse: 107
Mid Rise (4-7 Floors): 118
Townhouse: 100
Villa Attached: 87
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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