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: 11573
Duplex: 11
High Rise (8 or more): 1007
Low Rise (1-3 Floors): 3639
Manufactured House: 396
ManufacturedHouse: 300
Mid Rise (4-7 Floors): 987
Townhouse: 481
Villa Attached: 825
Villa Detached: 55

Avg. Asking Price

Single Family: $1,079,420
Duplex: $840,664
High Rise (8 or more): $1,895,656
Low Rise (1-3 Floors): $448,645
Manufactured House: $204,341
ManufacturedHouse: $229,241
Mid Rise (4-7 Floors): $1,217,168
Townhouse: $354,710
Villa Attached: $486,319
Villa Detached: $1,029,400

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/3
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: $812
Duplex: $343
High Rise (8 or more): $756
Low Rise (1-3 Floors): $301
Manufactured House: $192
ManufacturedHouse: $217
Mid Rise (4-7 Floors): $534
Townhouse: $215
Villa Attached: $291
Villa Detached: $451

Sold Properties

Average Asking Price

ManufacturedHouse: $178,077
Low Rise (1-3 Floors): $392,293
Mid Rise (4-7 Floors): $563,461
High Rise (8 or more): $1,502,488
Villa Attached: $423,332
Single Family: $801,577
Manufactured House: $177,307
Villa Detached: $1,150,754
Townhouse: $337,648

Average Selling Price

ManufacturedHouse: $162,762
Low Rise (1-3 Floors): $368,603
Mid Rise (4-7 Floors): $526,417
High Rise (8 or more): $1,385,541
Villa Attached: $404,931
Single Family: $754,977
Manufactured House: $167,138
Villa Detached: $1,070,115
Townhouse: $321,561

Selling vs Asking Price

ManufacturedHouse: -8.6%
Low Rise (1-3 Floors): -6.04%
Mid Rise (4-7 Floors): -6.57%
High Rise (8 or more): -7.78%
Villa Attached: -4.35%
Single Family: -5.81%
Manufactured House: -5.74%
Villa Detached: -7.01%
Townhouse: -4.76%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 139
Low Rise (1-3 Floors): 115
Manufactured House: 76
ManufacturedHouse: 115
Mid Rise (4-7 Floors): 124
Townhouse: 78
Villa Attached: 89
Villa Detached: 98

* 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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