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: 13902
High Rise (8 or more): 1344
Low Rise (1-3 Floors): 4765
ManufacturedHouse: 803
Mid Rise (4-7 Floors): 1249
Townhouse: 591
Villa Attached: 1067
Villa Detached: 59

Avg. Asking Price

Single Family: $1,153,272
High Rise (8 or more): $1,811,061
Low Rise (1-3 Floors): $477,054
ManufacturedHouse: $240,645
Mid Rise (4-7 Floors): $1,081,183
Townhouse: $375,397
Villa Attached: $513,009
Villa Detached: $1,068,518

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: $967
Mid Rise (4-7 Floors): $526
Townhouse: $226
Villa Attached: $303
Villa Detached: $433

Sold Properties

Average Asking Price

ManufacturedHouse: $191,815
Low Rise (1-3 Floors): $426,566
High Rise (8 or more): $1,945,659
Mid Rise (4-7 Floors): $593,118
Villa Attached: $516,650
Single Family: $877,698
Townhouse: $345,390
Villa Detached: $1,349,985

Average Selling Price

ManufacturedHouse: $177,510
Low Rise (1-3 Floors): $402,217
High Rise (8 or more): $1,822,308
Mid Rise (4-7 Floors): $555,069
Villa Attached: $492,484
Single Family: $826,603
Townhouse: $330,036
Villa Detached: $1,258,566

Selling vs Asking Price

ManufacturedHouse: -7.46%
Low Rise (1-3 Floors): -5.71%
High Rise (8 or more): -6.34%
Mid Rise (4-7 Floors): -6.42%
Villa Attached: -4.68%
Single Family: -5.82%
Townhouse: -4.45%
Villa Detached: -6.77%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 124
Low Rise (1-3 Floors): 101
ManufacturedHouse: 104
Mid Rise (4-7 Floors): 115
Townhouse: 101
Villa Attached: 83
Villa Detached: 131

* 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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