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: 11358
Duplex: 5
High Rise (8 or more): 955
Low Rise (1-3 Floors): 3351
Manufactured House: 50
ManufacturedHouse: 604
Mid Rise (4-7 Floors): 897
Townhouse: 486
Villa Attached: 782
Villa Detached: 42

Avg. Asking Price

Single Family: $1,051,334
Duplex: $659,580
High Rise (8 or more): $1,729,413
Low Rise (1-3 Floors): $448,021
Manufactured House: $205,433
ManufacturedHouse: $217,487
Mid Rise (4-7 Floors): $1,178,858
Townhouse: $351,553
Villa Attached: $457,757
Villa Detached: $974,333

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $813
Duplex: $308
High Rise (8 or more): $721
Low Rise (1-3 Floors): $302
Manufactured House: $181
ManufacturedHouse: $202
Mid Rise (4-7 Floors): $518
Townhouse: $213
Villa Attached: $282
Villa Detached: $418

Sold Properties

Average Asking Price

ManufacturedHouse: $173,229
Low Rise (1-3 Floors): $379,606
Mid Rise (4-7 Floors): $561,745
High Rise (8 or more): $1,491,599
Villa Attached: $431,689
Single Family: $800,223
Manufactured House: $187,075
Villa Detached: $1,247,914
Townhouse: $336,537

Average Selling Price

ManufacturedHouse: $159,671
Low Rise (1-3 Floors): $355,702
Mid Rise (4-7 Floors): $528,048
High Rise (8 or more): $1,372,306
Villa Attached: $411,455
Single Family: $752,807
Manufactured House: $178,988
Villa Detached: $1,152,679
Townhouse: $320,324

Selling vs Asking Price

ManufacturedHouse: -7.83%
Low Rise (1-3 Floors): -6.3%
Mid Rise (4-7 Floors): -6%
High Rise (8 or more): -8%
Villa Attached: -4.69%
Single Family: -5.93%
Manufactured House: -4.32%
Villa Detached: -7.63%
Townhouse: -4.82%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 152
Low Rise (1-3 Floors): 118
Manufactured House: 44
ManufacturedHouse: 116
Mid Rise (4-7 Floors): 132
Townhouse: 78
Villa Attached: 94
Villa Detached: 79

* 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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