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: 11144
High Rise (8 or more): 957
Low Rise (1-3 Floors): 3278
ManufacturedHouse: 644
Mid Rise (4-7 Floors): 840
Townhouse: 481
Villa Attached: 769
Villa Detached: 40

Avg. Asking Price

Single Family: $1,052,661
High Rise (8 or more): $1,712,353
Low Rise (1-3 Floors): $450,183
ManufacturedHouse: $213,730
Mid Rise (4-7 Floors): $1,199,408
Townhouse: $345,345
Villa Attached: $437,745
Villa Detached: $942,925

Avg. Beds & baths

Single Family: 3/2
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: $1191
High Rise (8 or more): $721
Low Rise (1-3 Floors): $303
ManufacturedHouse: $198
Mid Rise (4-7 Floors): $520
Townhouse: $211
Villa Attached: $274
Villa Detached: $413

Sold Properties

Average Asking Price

ManufacturedHouse: $178,528
High Rise (8 or more): $1,501,177
Low Rise (1-3 Floors): $394,711
Mid Rise (4-7 Floors): $619,716
Villa Attached: $442,033
Single Family: $803,519
Villa Detached: $1,177,300
Townhouse: $333,447

Average Selling Price

ManufacturedHouse: $166,059
High Rise (8 or more): $1,394,678
Low Rise (1-3 Floors): $370,638
Mid Rise (4-7 Floors): $581,453
Villa Attached: $420,858
Single Family: $757,351
Villa Detached: $1,083,538
Townhouse: $315,856

Selling vs Asking Price

ManufacturedHouse: -6.98%
High Rise (8 or more): -7.09%
Low Rise (1-3 Floors): -6.1%
Mid Rise (4-7 Floors): -6.17%
Villa Attached: -4.79%
Single Family: -5.75%
Villa Detached: -7.96%
Townhouse: -5.28%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 153
Low Rise (1-3 Floors): 115
ManufacturedHouse: 120
Mid Rise (4-7 Floors): 125
Townhouse: 84
Villa Attached: 89
Villa Detached: 92

* 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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