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: 13440
High Rise (8 or more): 1254
Low Rise (1-3 Floors): 4498
ManufacturedHouse: 781
Mid Rise (4-7 Floors): 1169
Townhouse: 584
Villa Attached: 1011
Villa Detached: 51

Avg. Asking Price

Single Family: $1,150,752
High Rise (8 or more): $1,770,957
Low Rise (1-3 Floors): $474,397
ManufacturedHouse: $239,442
Mid Rise (4-7 Floors): $941,344
Townhouse: $370,365
Villa Attached: $503,906
Villa Detached: $957,135

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: $409
High Rise (8 or more): $737
Low Rise (1-3 Floors): $313
ManufacturedHouse: $987
Mid Rise (4-7 Floors): $496
Townhouse: $224
Villa Attached: $301
Villa Detached: $420

Sold Properties

Average Asking Price

ManufacturedHouse: $194,372
Low Rise (1-3 Floors): $431,233
Mid Rise (4-7 Floors): $623,603
High Rise (8 or more): $1,999,765
Villa Attached: $514,199
Single Family: $864,667
Townhouse: $345,658
Villa Detached: $1,178,614

Average Selling Price

ManufacturedHouse: $180,528
Low Rise (1-3 Floors): $405,841
Mid Rise (4-7 Floors): $585,658
High Rise (8 or more): $1,864,261
Villa Attached: $490,786
Single Family: $816,024
Townhouse: $330,553
Villa Detached: $1,095,579

Selling vs Asking Price

ManufacturedHouse: -7.12%
Low Rise (1-3 Floors): -5.89%
Mid Rise (4-7 Floors): -6.08%
High Rise (8 or more): -6.78%
Villa Attached: -4.55%
Single Family: -5.63%
Townhouse: -4.37%
Villa Detached: -7.05%

Avg. Days On Market

Single Family: 86
High Rise (8 or more): 124
Low Rise (1-3 Floors): 102
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 113
Townhouse: 96
Villa Attached: 83
Villa Detached: 140

* 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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