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: 11490
Duplex: 5
High Rise (8 or more): 979
Low Rise (1-3 Floors): 3403
Manufactured House: 126
ManufacturedHouse: 535
Mid Rise (4-7 Floors): 914
Townhouse: 481
Villa Attached: 784
Villa Detached: 47

Avg. Asking Price

Single Family: $1,059,834
Duplex: $659,580
High Rise (8 or more): $1,736,932
Low Rise (1-3 Floors): $448,921
Manufactured House: $213,419
ManufacturedHouse: $216,860
Mid Rise (4-7 Floors): $1,168,947
Townhouse: $357,007
Villa Attached: $459,432
Villa Detached: $908,913

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
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: $810
Duplex: $308
High Rise (8 or more): $724
Low Rise (1-3 Floors): $304
Manufactured House: $189
ManufacturedHouse: $203
Mid Rise (4-7 Floors): $515
Townhouse: $215
Villa Attached: $283
Villa Detached: $401

Sold Properties

Average Asking Price

ManufacturedHouse: $173,922
Low Rise (1-3 Floors): $380,591
High Rise (8 or more): $1,503,458
Mid Rise (4-7 Floors): $572,843
Villa Attached: $436,314
Single Family: $805,112
Manufactured House: $192,248
Villa Detached: $1,247,914
Townhouse: $330,088

Average Selling Price

ManufacturedHouse: $160,233
Low Rise (1-3 Floors): $356,802
High Rise (8 or more): $1,383,170
Mid Rise (4-7 Floors): $538,031
Villa Attached: $415,951
Single Family: $757,862
Manufactured House: $187,562
Villa Detached: $1,152,679
Townhouse: $314,225

Selling vs Asking Price

ManufacturedHouse: -7.87%
Low Rise (1-3 Floors): -6.25%
High Rise (8 or more): -8%
Mid Rise (4-7 Floors): -6.08%
Villa Attached: -4.67%
Single Family: -5.87%
Manufactured House: -2.44%
Villa Detached: -7.63%
Townhouse: -4.81%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 149
Low Rise (1-3 Floors): 118
Manufactured House: 55
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 130
Townhouse: 76
Villa Attached: 90
Villa Detached: 79

* 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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