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: 12153
High Rise (8 or more): 1036
Low Rise (1-3 Floors): 3738
ManufacturedHouse: 685
Mid Rise (4-7 Floors): 1007
Townhouse: 535
Villa Attached: 838
Villa Detached: 51

Avg. Asking Price

Single Family: $1,115,293
High Rise (8 or more): $1,674,621
Low Rise (1-3 Floors): $452,222
ManufacturedHouse: $236,077
Mid Rise (4-7 Floors): $1,029,309
Townhouse: $351,298
Villa Attached: $475,679
Villa Detached: $1,006,675

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: $1138
High Rise (8 or more): $717
Low Rise (1-3 Floors): $307
ManufacturedHouse: $1091
Mid Rise (4-7 Floors): $499
Townhouse: $215
Villa Attached: $288
Villa Detached: $424

Sold Properties

Average Asking Price

ManufacturedHouse: $192,617
Low Rise (1-3 Floors): $434,522
High Rise (8 or more): $1,958,216
Mid Rise (4-7 Floors): $657,335
Villa Attached: $524,429
Townhouse: $343,047
Single Family: $843,564
Villa Detached: $1,115,620

Average Selling Price

ManufacturedHouse: $179,738
Low Rise (1-3 Floors): $408,293
High Rise (8 or more): $1,825,424
Mid Rise (4-7 Floors): $617,153
Villa Attached: $500,683
Townhouse: $325,878
Single Family: $796,154
Villa Detached: $1,044,933

Selling vs Asking Price

ManufacturedHouse: -6.69%
Low Rise (1-3 Floors): -6.04%
High Rise (8 or more): -6.78%
Mid Rise (4-7 Floors): -6.11%
Villa Attached: -4.53%
Townhouse: -5%
Single Family: -5.62%
Villa Detached: -6.34%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 140
Low Rise (1-3 Floors): 102
ManufacturedHouse: 113
Mid Rise (4-7 Floors): 117
Townhouse: 98
Villa Attached: 85
Villa Detached: 132

* 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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