South Miami

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South Miami is yet another gem in the paradise that is the state of Florida. It is the ideal place for families looking to enjoy a high quality of life, a variety of recreational opportunities, and an abundant selection of employment options. While sea and sun are standard trademarks of Florida, this area is known for being covered by trees and plant life, historical buildings, and high-end retail shopping. Some of the many parks, located in South Miami include: Palmer Park, Fuchs Park, Marshall Williamson Park, the Jean H. Willis Flowering Tree Park, Brewer Park, and Murray Park. South Miami is an area that truly appreciates nature and enjoying outdoor activities with family and friends. When it’s a little too hot, there are some large shopping areas to peruse, while keeping cool. There is also a wide variety of restaurants, many of which are highly recommended on sites such as TripAdvisor. Whether raising a family or not, living in South Miami ensures comfort and satisfaction.

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Active Properties Statistics

Properties On Market

Single Family: 15370
Duplex: 37
High Rise (8 or more): 1156
Low Rise (1-3 Floors): 4356
LowRise,Duplex: 12
ManufacturedHouse: 878
Townhouse: 574
Townhouse,Duplex: 9
Villa Attached: 1090
Villa Detached: 53

Avg. Asking Price

Single Family: $1,058,810
Duplex: $796,022
High Rise (8 or more): $1,678,297
Low Rise (1-3 Floors): $464,307
LowRise,Duplex: $876,000
ManufacturedHouse: $221,072
Townhouse: $356,206
Townhouse,Duplex: $568,333
Villa Attached: $498,767
Villa Detached: $965,915

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: $442
High Rise (8 or more): $737
Low Rise (1-3 Floors): $314
LowRise,Duplex: $617
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $302
Villa Detached: $442

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $399,916
High Rise (8 or more): $1,546,577
Single Family: $753,201
LowRise,Duplex: $284,000
Duplex: $401,579
ManufacturedHouse: $199,268
Villa Attached: $473,838
Villa Detached: $1,073,725
Townhouse: $356,982
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $374,533
High Rise (8 or more): $1,407,979
Single Family: $704,872
LowRise,Duplex: $252,000
Duplex: $363,000
ManufacturedHouse: $182,019
Villa Attached: $446,457
Villa Detached: $1,016,756
Townhouse: $339,354
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.35%
High Rise (8 or more): -8.96%
Single Family: -6.42%
LowRise,Duplex: -11.27%
Duplex: -9.61%
ManufacturedHouse: -8.66%
Villa Attached: -5.78%
Villa Detached: -5.31%
Townhouse: -4.94%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 83
Duplex: 104
High Rise (8 or more): 141
HighRise,Duplex: 179
Low Rise (1-3 Floors): 91
LowRise,Duplex: 84
ManufacturedHouse: 96
Townhouse: 71
Townhouse,Duplex: 79
Villa Attached: 79
Villa Detached: 113

* 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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