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: 12806
High Rise (8 or more): 1115
Low Rise (1-3 Floors): 4096
ManufacturedHouse: 714
Mid Rise (4-7 Floors): 1077
Townhouse: 547
Villa Attached: 902
Villa Detached: 52

Avg. Asking Price

Single Family: $1,120,608
High Rise (8 or more): $1,752,072
Low Rise (1-3 Floors): $467,329
ManufacturedHouse: $237,182
Mid Rise (4-7 Floors): $941,033
Townhouse: $359,419
Villa Attached: $485,190
Villa Detached: $982,634

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: $400
High Rise (8 or more): $731
Low Rise (1-3 Floors): $311
ManufacturedHouse: $1056
Mid Rise (4-7 Floors): $488
Townhouse: $218
Villa Attached: $293
Villa Detached: $419

Sold Properties

Average Asking Price

ManufacturedHouse: $191,157
Mid Rise (4-7 Floors): $640,921
Low Rise (1-3 Floors): $437,952
High Rise (8 or more): $1,913,524
Villa Attached: $525,725
Townhouse: $341,915
Single Family: $852,146
Villa Detached: $1,140,986

Average Selling Price

ManufacturedHouse: $178,556
Mid Rise (4-7 Floors): $601,446
Low Rise (1-3 Floors): $411,603
High Rise (8 or more): $1,786,322
Villa Attached: $502,222
Townhouse: $325,896
Single Family: $803,098
Villa Detached: $1,070,138

Selling vs Asking Price

ManufacturedHouse: -6.59%
Mid Rise (4-7 Floors): -6.16%
Low Rise (1-3 Floors): -6.02%
High Rise (8 or more): -6.65%
Villa Attached: -4.47%
Townhouse: -4.69%
Single Family: -5.76%
Villa Detached: -6.21%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 131
Low Rise (1-3 Floors): 101
ManufacturedHouse: 107
Mid Rise (4-7 Floors): 117
Townhouse: 107
Villa Attached: 84
Villa Detached: 141

* 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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