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: 13794
Duplex: 23
High Rise (8 or more): 1071
Low Rise (1-3 Floors): 4102
LowRise,Duplex: 9
ManufacturedHouse: 818
Townhouse: 543
Townhouse,Duplex: 5
Villa Attached: 985
Villa Detached: 51

Avg. Asking Price

Single Family: $1,035,505
Duplex: $835,204
High Rise (8 or more): $1,726,399
Low Rise (1-3 Floors): $480,407
LowRise,Duplex: $926,056
ManufacturedHouse: $216,347
Townhouse: $350,062
Townhouse,Duplex: $567,200
Villa Attached: $488,701
Villa Detached: $961,690

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $474
Duplex: $476
High Rise (8 or more): $743
Low Rise (1-3 Floors): $315
LowRise,Duplex: $626
ManufacturedHouse: $205
Townhouse: $214
Townhouse,Duplex: $368
Villa Attached: $298
Villa Detached: $418

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $394,855
High Rise (8 or more): $1,326,128
Single Family: $717,727
LowRise,Duplex: $444,500
Duplex: $543,906
ManufacturedHouse: $192,635
Villa Attached: $486,888
Villa Detached: $1,263,833
Townhouse: $329,070
Townhouse,Duplex: $588,725

Average Selling Price

Low Rise (1-3 Floors): $368,562
High Rise (8 or more): $1,223,866
Single Family: $671,299
LowRise,Duplex: $407,500
Duplex: $530,494
ManufacturedHouse: $177,758
Villa Attached: $456,197
Villa Detached: $1,191,417
Townhouse: $313,444
Townhouse,Duplex: $561,750

Selling vs Asking Price

Low Rise (1-3 Floors): -6.66%
High Rise (8 or more): -7.71%
Single Family: -6.47%
LowRise,Duplex: -8.32%
Duplex: -2.47%
ManufacturedHouse: -7.72%
Villa Attached: -6.3%
Villa Detached: -5.73%
Townhouse: -4.75%
Townhouse,Duplex: -4.58%

Avg. Days On Market

Single Family: 90
Duplex: 105
High Rise (8 or more): 145
Low Rise (1-3 Floors): 110
LowRise,Duplex: 111
ManufacturedHouse: 115
Townhouse: 97
Townhouse,Duplex: 138
Villa Attached: 106
Villa Detached: 96

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