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: 11494
Duplex: 5
High Rise (8 or more): 986
Low Rise (1-3 Floors): 3425
Manufactured House: 130
ManufacturedHouse: 534
Mid Rise (4-7 Floors): 920
Townhouse: 481
Villa Attached: 786
Villa Detached: 47

Avg. Asking Price

Single Family: $1,056,996
Duplex: $659,580
High Rise (8 or more): $1,736,537
Low Rise (1-3 Floors): $448,757
Manufactured House: $213,882
ManufacturedHouse: $216,968
Mid Rise (4-7 Floors): $1,175,978
Townhouse: $357,255
Villa Attached: $459,719
Villa Detached: $908,913

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: $810
Duplex: $308
High Rise (8 or more): $723
Low Rise (1-3 Floors): $303
Manufactured House: $188
ManufacturedHouse: $203
Mid Rise (4-7 Floors): $517
Townhouse: $216
Villa Attached: $284
Villa Detached: $401

Sold Properties

Average Asking Price

ManufacturedHouse: $173,922
Low Rise (1-3 Floors): $380,529
High Rise (8 or more): $1,503,458
Mid Rise (4-7 Floors): $569,734
Villa Attached: $436,424
Single Family: $813,048
Manufactured House: $192,248
Villa Detached: $1,247,914
Townhouse: $329,447

Average Selling Price

ManufacturedHouse: $160,233
Low Rise (1-3 Floors): $356,753
High Rise (8 or more): $1,383,170
Mid Rise (4-7 Floors): $535,161
Villa Attached: $416,107
Single Family: $764,808
Manufactured House: $187,562
Villa Detached: $1,152,679
Townhouse: $313,650

Selling vs Asking Price

ManufacturedHouse: -7.87%
Low Rise (1-3 Floors): -6.25%
High Rise (8 or more): -8%
Mid Rise (4-7 Floors): -6.07%
Villa Attached: -4.66%
Single Family: -5.93%
Manufactured House: -2.44%
Villa Detached: -7.63%
Townhouse: -4.8%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 149
Low Rise (1-3 Floors): 118
Manufactured House: 55
ManufacturedHouse: 117
Mid Rise (4-7 Floors): 130
Townhouse: 76
Villa Attached: 90
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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