Palmetto Bay

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This is one of the hottest real estate markets in Miami-Dade due to its’ great schools, multiple parks and single family affordable housing.

Click here to learn more about the Village of Palmetto Bay.

Active Properties Statistics

Properties On Market

Single Family: 12203
High Rise (8 or more): 1047
Low Rise (1-3 Floors): 3746
ManufacturedHouse: 685
Mid Rise (4-7 Floors): 1003
Townhouse: 538
Villa Attached: 845
Villa Detached: 50

Avg. Asking Price

Single Family: $1,116,637
High Rise (8 or more): $1,679,065
Low Rise (1-3 Floors): $455,764
ManufacturedHouse: $236,004
Mid Rise (4-7 Floors): $980,080
Townhouse: $353,792
Villa Attached: $477,056
Villa Detached: $1,015,650

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: $1133
High Rise (8 or more): $720
Low Rise (1-3 Floors): $308
ManufacturedHouse: $1091
Mid Rise (4-7 Floors): $494
Townhouse: $216
Villa Attached: $288
Villa Detached: $425

Sold Properties

Average Asking Price

ManufacturedHouse: $193,143
Low Rise (1-3 Floors): $434,859
Mid Rise (4-7 Floors): $655,633
High Rise (8 or more): $1,979,697
Villa Attached: $520,688
Single Family: $849,109
Townhouse: $339,292
Villa Detached: $1,144,607

Average Selling Price

ManufacturedHouse: $180,233
Low Rise (1-3 Floors): $408,601
Mid Rise (4-7 Floors): $615,589
High Rise (8 or more): $1,845,413
Villa Attached: $497,168
Single Family: $801,300
Townhouse: $322,793
Villa Detached: $1,071,879

Selling vs Asking Price

ManufacturedHouse: -6.68%
Low Rise (1-3 Floors): -6.04%
Mid Rise (4-7 Floors): -6.11%
High Rise (8 or more): -6.78%
Villa Attached: -4.52%
Single Family: -5.63%
Townhouse: -4.86%
Villa Detached: -6.35%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 137
Low Rise (1-3 Floors): 102
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 116
Townhouse: 98
Villa Attached: 86
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.