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: 11532
Duplex: 11
High Rise (8 or more): 998
Low Rise (1-3 Floors): 3622
Manufactured House: 379
ManufacturedHouse: 310
Mid Rise (4-7 Floors): 984
Townhouse: 479
Villa Attached: 825
Villa Detached: 55

Avg. Asking Price

Single Family: $1,076,477
Duplex: $840,664
High Rise (8 or more): $1,900,669
Low Rise (1-3 Floors): $448,008
Manufactured House: $206,504
ManufacturedHouse: $227,548
Mid Rise (4-7 Floors): $1,217,618
Townhouse: $351,848
Villa Attached: $485,189
Villa Detached: $1,026,218

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/3
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: $343
High Rise (8 or more): $756
Low Rise (1-3 Floors): $301
Manufactured House: $193
ManufacturedHouse: $215
Mid Rise (4-7 Floors): $534
Townhouse: $214
Villa Attached: $290
Villa Detached: $445

Sold Properties

Average Asking Price

ManufacturedHouse: $176,906
Low Rise (1-3 Floors): $392,514
Mid Rise (4-7 Floors): $565,953
High Rise (8 or more): $1,480,801
Villa Attached: $425,432
Single Family: $799,941
Manufactured House: $179,173
Villa Detached: $1,150,754
Townhouse: $336,230

Average Selling Price

ManufacturedHouse: $161,822
Low Rise (1-3 Floors): $368,711
Mid Rise (4-7 Floors): $528,604
High Rise (8 or more): $1,365,612
Villa Attached: $407,082
Single Family: $753,490
Manufactured House: $168,961
Villa Detached: $1,070,115
Townhouse: $319,729

Selling vs Asking Price

ManufacturedHouse: -8.53%
Low Rise (1-3 Floors): -6.06%
Mid Rise (4-7 Floors): -6.6%
High Rise (8 or more): -7.78%
Villa Attached: -4.31%
Single Family: -5.81%
Manufactured House: -5.7%
Villa Detached: -7.01%
Townhouse: -4.91%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 139
Low Rise (1-3 Floors): 114
Manufactured House: 72
ManufacturedHouse: 114
Mid Rise (4-7 Floors): 123
Townhouse: 79
Villa Attached: 88
Villa Detached: 98

* 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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