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: 13911
High Rise (8 or more): 1349
Low Rise (1-3 Floors): 4778
ManufacturedHouse: 807
Mid Rise (4-7 Floors): 1251
Townhouse: 589
Villa Attached: 1071
Villa Detached: 59

Avg. Asking Price

Single Family: $1,153,153
High Rise (8 or more): $1,809,346
Low Rise (1-3 Floors): $476,890
ManufacturedHouse: $240,449
Mid Rise (4-7 Floors): $1,082,602
Townhouse: $375,756
Villa Attached: $513,463
Villa Detached: $1,016,823

Avg. Beds & baths

Single Family: 3/3
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: $409
High Rise (8 or more): $745
Low Rise (1-3 Floors): $314
ManufacturedHouse: $964
Mid Rise (4-7 Floors): $526
Townhouse: $226
Villa Attached: $303
Villa Detached: $427

Sold Properties

Average Asking Price

ManufacturedHouse: $191,825
Low Rise (1-3 Floors): $426,987
High Rise (8 or more): $1,949,176
Mid Rise (4-7 Floors): $594,276
Villa Attached: $517,093
Single Family: $879,012
Townhouse: $345,644
Villa Detached: $1,307,869

Average Selling Price

ManufacturedHouse: $177,534
Low Rise (1-3 Floors): $402,586
High Rise (8 or more): $1,825,760
Mid Rise (4-7 Floors): $556,294
Villa Attached: $492,888
Single Family: $827,849
Townhouse: $330,313
Villa Detached: $1,222,357

Selling vs Asking Price

ManufacturedHouse: -7.45%
Low Rise (1-3 Floors): -5.71%
High Rise (8 or more): -6.33%
Mid Rise (4-7 Floors): -6.39%
Villa Attached: -4.68%
Single Family: -5.82%
Townhouse: -4.44%
Villa Detached: -6.54%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 124
Low Rise (1-3 Floors): 101
ManufacturedHouse: 105
Mid Rise (4-7 Floors): 114
Townhouse: 101
Villa Attached: 83
Villa Detached: 128

* 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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