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: 15007
High Rise (8 or more): 1519
Low Rise (1-3 Floors): 5371
ManufacturedHouse: 955
Mid Rise (4-7 Floors): 1465
Townhouse: 647
Villa Attached: 1250
Villa Detached: 67

Avg. Asking Price

Single Family: $1,145,175
High Rise (8 or more): $1,824,196
Low Rise (1-3 Floors): $472,332
ManufacturedHouse: $219,177
Mid Rise (4-7 Floors): $1,060,911
Townhouse: $368,362
Villa Attached: $530,705
Villa Detached: $1,037,389

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: $411
High Rise (8 or more): $748
Low Rise (1-3 Floors): $314
ManufacturedHouse: $200
Mid Rise (4-7 Floors): $529
Townhouse: $232
Villa Attached: $310
Villa Detached: $454

Sold Properties

Average Asking Price

ManufacturedHouse: $183,188
Low Rise (1-3 Floors): $435,063
Mid Rise (4-7 Floors): $661,171
High Rise (8 or more): $1,780,446
Villa Attached: $475,244
Single Family: $873,389
Townhouse: $324,187
Villa Detached: $844,557

Average Selling Price

ManufacturedHouse: $166,695
Low Rise (1-3 Floors): $410,771
Mid Rise (4-7 Floors): $620,226
High Rise (8 or more): $1,656,265
Villa Attached: $452,689
Single Family: $822,904
Townhouse: $308,559
Villa Detached: $773,179

Selling vs Asking Price

ManufacturedHouse: -9%
Low Rise (1-3 Floors): -5.58%
Mid Rise (4-7 Floors): -6.19%
High Rise (8 or more): -6.97%
Villa Attached: -4.75%
Single Family: -5.78%
Townhouse: -4.82%
Villa Detached: -8.45%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 138
Low Rise (1-3 Floors): 100
ManufacturedHouse: 127
Mid Rise (4-7 Floors): 116
Townhouse: 94
Villa Attached: 86
Villa Detached: 89

* 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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