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: 11846
High Rise (8 or more): 1007
Low Rise (1-3 Floors): 3570
ManufacturedHouse: 690
Mid Rise (4-7 Floors): 956
Townhouse: 510
Villa Attached: 817
Villa Detached: 48

Avg. Asking Price

Single Family: $1,090,392
High Rise (8 or more): $1,688,895
Low Rise (1-3 Floors): $445,185
ManufacturedHouse: $235,998
Mid Rise (4-7 Floors): $1,117,147
Townhouse: $342,683
Villa Attached: $451,452
Villa Detached: $987,775

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: $1152
High Rise (8 or more): $728
Low Rise (1-3 Floors): $304
ManufacturedHouse: $1083
Mid Rise (4-7 Floors): $511
Townhouse: $212
Villa Attached: $279
Villa Detached: $405

Sold Properties

Average Asking Price

ManufacturedHouse: $188,850
Low Rise (1-3 Floors): $417,873
Mid Rise (4-7 Floors): $670,575
High Rise (8 or more): $1,810,773
Single Family: $819,148
Villa Attached: $492,346
Villa Detached: $977,237
Townhouse: $344,679

Average Selling Price

ManufacturedHouse: $177,064
Low Rise (1-3 Floors): $392,788
Mid Rise (4-7 Floors): $630,952
High Rise (8 or more): $1,683,675
Single Family: $772,752
Villa Attached: $469,512
Villa Detached: $914,021
Townhouse: $325,782

Selling vs Asking Price

ManufacturedHouse: -6.24%
Low Rise (1-3 Floors): -6%
Mid Rise (4-7 Floors): -5.91%
High Rise (8 or more): -7.02%
Single Family: -5.66%
Villa Attached: -4.64%
Villa Detached: -6.47%
Townhouse: -5.48%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 144
Low Rise (1-3 Floors): 109
ManufacturedHouse: 115
Mid Rise (4-7 Floors): 124
Townhouse: 94
Villa Attached: 91
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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