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: 12217
High Rise (8 or more): 1048
Low Rise (1-3 Floors): 3764
ManufacturedHouse: 686
Mid Rise (4-7 Floors): 1004
Townhouse: 537
Villa Attached: 844
Villa Detached: 48

Avg. Asking Price

Single Family: $1,117,054
High Rise (8 or more): $1,692,797
Low Rise (1-3 Floors): $461,060
ManufacturedHouse: $235,518
Mid Rise (4-7 Floors): $964,001
Townhouse: $353,610
Villa Attached: $477,388
Villa Detached: $1,015,906

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): $723
Low Rise (1-3 Floors): $309
ManufacturedHouse: $1090
Mid Rise (4-7 Floors): $491
Townhouse: $216
Villa Attached: $289
Villa Detached: $426

Sold Properties

Average Asking Price

ManufacturedHouse: $192,804
Low Rise (1-3 Floors): $437,148
Mid Rise (4-7 Floors): $651,509
High Rise (8 or more): $1,928,616
Villa Attached: $518,167
Single Family: $850,524
Villa Detached: $1,118,117
Townhouse: $340,987

Average Selling Price

ManufacturedHouse: $179,987
Low Rise (1-3 Floors): $410,905
Mid Rise (4-7 Floors): $611,838
High Rise (8 or more): $1,797,080
Villa Attached: $494,738
Single Family: $802,553
Villa Detached: $1,047,650
Townhouse: $324,733

Selling vs Asking Price

ManufacturedHouse: -6.65%
Low Rise (1-3 Floors): -6%
Mid Rise (4-7 Floors): -6.09%
High Rise (8 or more): -6.82%
Villa Attached: -4.52%
Single Family: -5.64%
Villa Detached: -6.3%
Townhouse: -4.77%

Avg. Days On Market

Single Family: 84
High Rise (8 or more): 136
Low Rise (1-3 Floors): 102
ManufacturedHouse: 112
Mid Rise (4-7 Floors): 117
Townhouse: 98
Villa Attached: 86
Villa Detached: 137

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.