South Miami

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South Miami is yet another gem in the paradise that is the state of Florida. It is the ideal place for families looking to enjoy a high quality of life, a variety of recreational opportunities, and an abundant selection of employment options. While sea and sun are standard trademarks of Florida, this area is known for being covered by trees and plant life, historical buildings, and high-end retail shopping. Some of the many parks, located in South Miami include: Palmer Park, Fuchs Park, Marshall Williamson Park, the Jean H. Willis Flowering Tree Park, Brewer Park, and Murray Park. South Miami is an area that truly appreciates nature and enjoying outdoor activities with family and friends. When it’s a little too hot, there are some large shopping areas to peruse, while keeping cool. There is also a wide variety of restaurants, many of which are highly recommended on sites such as TripAdvisor. Whether raising a family or not, living in South Miami ensures comfort and satisfaction.

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Active Properties Statistics

Properties On Market

Single Family: 11559
Duplex: 6
High Rise (8 or more): 991
Low Rise (1-3 Floors): 3457
Manufactured House: 155
ManufacturedHouse: 518
Mid Rise (4-7 Floors): 929
Townhouse: 482
Villa Attached: 794
Villa Detached: 46

Avg. Asking Price

Single Family: $1,065,186
Duplex: $577,233
High Rise (8 or more): $1,739,780
Low Rise (1-3 Floors): $449,195
Manufactured House: $210,675
ManufacturedHouse: $217,689
Mid Rise (4-7 Floors): $1,173,158
Townhouse: $361,937
Villa Attached: $459,641
Villa Detached: $852,998

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: $809
Duplex: $284
High Rise (8 or more): $724
Low Rise (1-3 Floors): $304
Manufactured House: $186
ManufacturedHouse: $205
Mid Rise (4-7 Floors): $518
Townhouse: $218
Villa Attached: $284
Villa Detached: $388

Sold Properties

Average Asking Price

ManufacturedHouse: $173,922
Low Rise (1-3 Floors): $380,593
Mid Rise (4-7 Floors): $571,788
High Rise (8 or more): $1,485,132
Villa Attached: $436,950
Single Family: $810,793
Manufactured House: $190,917
Villa Detached: $1,247,914
Townhouse: $328,285

Average Selling Price

ManufacturedHouse: $160,233
Low Rise (1-3 Floors): $356,883
Mid Rise (4-7 Floors): $536,160
High Rise (8 or more): $1,366,540
Villa Attached: $416,669
Single Family: $762,805
Manufactured House: $183,813
Villa Detached: $1,152,679
Townhouse: $312,503

Selling vs Asking Price

ManufacturedHouse: -7.87%
Low Rise (1-3 Floors): -6.23%
Mid Rise (4-7 Floors): -6.23%
High Rise (8 or more): -7.99%
Villa Attached: -4.64%
Single Family: -5.92%
Manufactured House: -3.72%
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): 117
Manufactured House: 56
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 130
Townhouse: 75
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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