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: 11438
High Rise (8 or more): 975
Low Rise (1-3 Floors): 3372
ManufacturedHouse: 676
Mid Rise (4-7 Floors): 873
Townhouse: 500
Villa Attached: 784
Villa Detached: 44

Avg. Asking Price

Single Family: $1,058,663
High Rise (8 or more): $1,709,997
Low Rise (1-3 Floors): $455,669
ManufacturedHouse: $214,621
Mid Rise (4-7 Floors): $1,127,517
Townhouse: $343,503
Villa Attached: $452,467
Villa Detached: $997,798

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: $1219
High Rise (8 or more): $726
Low Rise (1-3 Floors): $306
ManufacturedHouse: $198
Mid Rise (4-7 Floors): $504
Townhouse: $212
Villa Attached: $282
Villa Detached: $409

Sold Properties

Average Asking Price

ManufacturedHouse: $182,442
Low Rise (1-3 Floors): $407,390
Mid Rise (4-7 Floors): $623,856
High Rise (8 or more): $1,588,557
Villa Attached: $470,849
Single Family: $805,627
Villa Detached: $628,862
Townhouse: $343,019

Average Selling Price

ManufacturedHouse: $171,026
Low Rise (1-3 Floors): $382,924
Mid Rise (4-7 Floors): $588,340
High Rise (8 or more): $1,479,834
Villa Attached: $449,045
Single Family: $765,418
Villa Detached: $587,656
Townhouse: $324,522

Selling vs Asking Price

ManufacturedHouse: -6.26%
Low Rise (1-3 Floors): -6.01%
Mid Rise (4-7 Floors): -5.69%
High Rise (8 or more): -6.84%
Villa Attached: -4.63%
Single Family: -4.99%
Villa Detached: -6.55%
Townhouse: -5.39%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 148
Low Rise (1-3 Floors): 112
ManufacturedHouse: 124
Mid Rise (4-7 Floors): 128
Townhouse: 89
Villa Attached: 92
Villa Detached: 88

* 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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