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: 11651
High Rise (8 or more): 981
Low Rise (1-3 Floors): 3477
ManufacturedHouse: 681
Mid Rise (4-7 Floors): 925
Townhouse: 505
Villa Attached: 800
Villa Detached: 45

Avg. Asking Price

Single Family: $1,088,156
High Rise (8 or more): $1,696,778
Low Rise (1-3 Floors): $445,792
ManufacturedHouse: $236,171
Mid Rise (4-7 Floors): $1,134,261
Townhouse: $343,775
Villa Attached: $450,701
Villa Detached: $954,516

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: $1163
High Rise (8 or more): $727
Low Rise (1-3 Floors): $303
ManufacturedHouse: $1095
Mid Rise (4-7 Floors): $512
Townhouse: $212
Villa Attached: $279
Villa Detached: $401

Sold Properties

Average Asking Price

ManufacturedHouse: $188,841
Mid Rise (4-7 Floors): $663,243
Low Rise (1-3 Floors): $415,589
High Rise (8 or more): $1,824,650
Villa Attached: $489,527
Single Family: $817,886
Villa Detached: $939,335
Townhouse: $342,945

Average Selling Price

ManufacturedHouse: $177,151
Mid Rise (4-7 Floors): $624,780
Low Rise (1-3 Floors): $390,588
High Rise (8 or more): $1,696,922
Villa Attached: $467,061
Single Family: $771,538
Villa Detached: $879,674
Townhouse: $324,661

Selling vs Asking Price

ManufacturedHouse: -6.19%
Mid Rise (4-7 Floors): -5.8%
Low Rise (1-3 Floors): -6.02%
High Rise (8 or more): -7%
Villa Attached: -4.59%
Single Family: -5.67%
Villa Detached: -6.35%
Townhouse: -5.33%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 145
Low Rise (1-3 Floors): 110
ManufacturedHouse: 113
Mid Rise (4-7 Floors): 124
Townhouse: 93
Villa Attached: 90
Villa Detached: 138

* 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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