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: 14872
High Rise (8 or more): 1525
Low Rise (1-3 Floors): 5358
ManufacturedHouse: 871
Mid Rise (4-7 Floors): 1446
Townhouse: 654
Villa Attached: 1208
Villa Detached: 66

Avg. Asking Price

Single Family: $1,169,304
High Rise (8 or more): $1,797,129
Low Rise (1-3 Floors): $472,937
ManufacturedHouse: $218,449
Mid Rise (4-7 Floors): $1,029,151
Townhouse: $361,675
Villa Attached: $534,826
Villa Detached: $1,115,125

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: $415
High Rise (8 or more): $742
Low Rise (1-3 Floors): $313
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $513
Townhouse: $231
Villa Attached: $312
Villa Detached: $470

Sold Properties

Average Asking Price

ManufacturedHouse: $193,029
High Rise (8 or more): $1,920,960
Low Rise (1-3 Floors): $432,226
Mid Rise (4-7 Floors): $658,393
Villa Attached: $471,053
Single Family: $896,630
Townhouse: $351,752
Villa Detached: $1,255,095

Average Selling Price

ManufacturedHouse: $176,957
High Rise (8 or more): $1,792,247
Low Rise (1-3 Floors): $407,729
Mid Rise (4-7 Floors): $616,898
Villa Attached: $448,299
Single Family: $844,929
Townhouse: $335,891
Villa Detached: $1,151,646

Selling vs Asking Price

ManufacturedHouse: -8.33%
High Rise (8 or more): -6.7%
Low Rise (1-3 Floors): -5.67%
Mid Rise (4-7 Floors): -6.3%
Villa Attached: -4.83%
Single Family: -5.77%
Townhouse: -4.51%
Villa Detached: -8.24%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 125
Low Rise (1-3 Floors): 98
ManufacturedHouse: 110
Mid Rise (4-7 Floors): 109
Townhouse: 88
Villa Attached: 87
Villa Detached: 140

* 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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