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: 11529
Duplex: 11
High Rise (8 or more): 998
Low Rise (1-3 Floors): 3621
Manufactured House: 377
ManufacturedHouse: 311
Mid Rise (4-7 Floors): 982
Townhouse: 479
Villa Attached: 821
Villa Detached: 55

Avg. Asking Price

Single Family: $1,076,033
Duplex: $840,664
High Rise (8 or more): $1,900,689
Low Rise (1-3 Floors): $448,044
Manufactured House: $206,660
ManufacturedHouse: $227,424
Mid Rise (4-7 Floors): $1,219,352
Townhouse: $351,848
Villa Attached: $485,436
Villa Detached: $1,026,218

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/3
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $813
Duplex: $343
High Rise (8 or more): $756
Low Rise (1-3 Floors): $301
Manufactured House: $193
ManufacturedHouse: $215
Mid Rise (4-7 Floors): $534
Townhouse: $214
Villa Attached: $290
Villa Detached: $445

Sold Properties

Average Asking Price

ManufacturedHouse: $176,906
High Rise (8 or more): $1,480,801
Low Rise (1-3 Floors): $392,514
Mid Rise (4-7 Floors): $565,953
Villa Attached: $425,432
Single Family: $800,154
Manufactured House: $179,173
Villa Detached: $1,150,754
Townhouse: $336,230

Average Selling Price

ManufacturedHouse: $161,822
High Rise (8 or more): $1,365,612
Low Rise (1-3 Floors): $368,711
Mid Rise (4-7 Floors): $528,604
Villa Attached: $407,082
Single Family: $753,662
Manufactured House: $168,961
Villa Detached: $1,070,115
Townhouse: $319,729

Selling vs Asking Price

ManufacturedHouse: -8.53%
High Rise (8 or more): -7.78%
Low Rise (1-3 Floors): -6.06%
Mid Rise (4-7 Floors): -6.6%
Villa Attached: -4.31%
Single Family: -5.81%
Manufactured House: -5.7%
Villa Detached: -7.01%
Townhouse: -4.91%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 139
Low Rise (1-3 Floors): 114
Manufactured House: 72
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 123
Townhouse: 79
Villa Attached: 88
Villa Detached: 98

* 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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