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: 13491
Duplex: 28
High Rise (8 or more): 995
Low Rise (1-3 Floors): 3827
LowRise,Duplex: 12
ManufacturedHouse: 794
Townhouse: 498
Townhouse,Duplex: 6
Villa Attached: 938
Villa Detached: 45

Avg. Asking Price

Single Family: $1,007,307
Duplex: $759,716
High Rise (8 or more): $1,659,951
Low Rise (1-3 Floors): $470,182
LowRise,Duplex: $819,658
ManufacturedHouse: $217,922
Townhouse: $352,695
Townhouse,Duplex: $560,983
Villa Attached: $470,719
Villa Detached: $915,951

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: 2/2

Avg. Asking Price Per Sqft

Single Family: $469
Duplex: $421
High Rise (8 or more): $733
Low Rise (1-3 Floors): $313
LowRise,Duplex: $569
ManufacturedHouse: $204
Townhouse: $218
Townhouse,Duplex: $333
Villa Attached: $292
Villa Detached: $404

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $405,556
High Rise (8 or more): $1,503,496
Single Family: $701,970
LowRise,Duplex: $269,000
Duplex: $553,156
ManufacturedHouse: $201,995
Villa Attached: $481,732
Villa Detached: $984,247
Townhouse: $343,131
Townhouse,Duplex: $451,667

Average Selling Price

Low Rise (1-3 Floors): $377,970
High Rise (8 or more): $1,373,765
Single Family: $656,188
LowRise,Duplex: $269,000
Duplex: $533,056
ManufacturedHouse: $184,717
Villa Attached: $448,663
Villa Detached: $925,735
Townhouse: $327,100
Townhouse,Duplex: $424,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.8%
High Rise (8 or more): -8.63%
Single Family: -6.52%
LowRise,Duplex: N/A
Duplex: -3.63%
ManufacturedHouse: -8.55%
Villa Attached: -6.86%
Villa Detached: -5.94%
Townhouse: -4.67%
Townhouse,Duplex: -6.13%

Avg. Days On Market

Single Family: 89
Duplex: 102
High Rise (8 or more): 135
Low Rise (1-3 Floors): 109
LowRise,Duplex: 83
ManufacturedHouse: 116
Townhouse: 95
Townhouse,Duplex: 156
Villa Attached: 104
Villa Detached: 100

* 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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