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: 14895
High Rise (8 or more): 1524
Low Rise (1-3 Floors): 5372
ManufacturedHouse: 873
Mid Rise (4-7 Floors): 1447
Townhouse: 658
Villa Attached: 1211
Villa Detached: 66

Avg. Asking Price

Single Family: $1,168,342
High Rise (8 or more): $1,795,551
Low Rise (1-3 Floors): $471,719
ManufacturedHouse: $218,643
Mid Rise (4-7 Floors): $1,026,951
Townhouse: $359,510
Villa Attached: $532,916
Villa Detached: $1,115,565

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): $512
Townhouse: $230
Villa Attached: $311
Villa Detached: $470

Sold Properties

Average Asking Price

ManufacturedHouse: $192,903
Low Rise (1-3 Floors): $433,821
High Rise (8 or more): $1,923,747
Mid Rise (4-7 Floors): $660,688
Villa Attached: $472,306
Single Family: $898,908
Townhouse: $354,746
Villa Detached: $1,287,322

Average Selling Price

ManufacturedHouse: $176,789
Low Rise (1-3 Floors): $409,175
High Rise (8 or more): $1,794,926
Mid Rise (4-7 Floors): $619,077
Villa Attached: $449,454
Single Family: $846,969
Townhouse: $338,712
Villa Detached: $1,178,127

Selling vs Asking Price

ManufacturedHouse: -8.35%
Low Rise (1-3 Floors): -5.68%
High Rise (8 or more): -6.7%
Mid Rise (4-7 Floors): -6.3%
Villa Attached: -4.84%
Single Family: -5.78%
Townhouse: -4.52%
Villa Detached: -8.48%

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: 87
Villa Attached: 87
Villa Detached: 148

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