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: 15058
Duplex: 38
High Rise (8 or more): 1170
Low Rise (1-3 Floors): 4353
LowRise,Duplex: 11
ManufacturedHouse: 865
Townhouse: 584
Townhouse,Duplex: 9
Villa Attached: 1086
Villa Detached: 55

Avg. Asking Price

Single Family: $1,066,385
Duplex: $861,413
High Rise (8 or more): $1,678,477
Low Rise (1-3 Floors): $462,837
LowRise,Duplex: $901,627
ManufacturedHouse: $222,633
Townhouse: $359,994
Townhouse,Duplex: $571,556
Villa Attached: $509,535
Villa Detached: $931,715

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: $478
Duplex: $455
High Rise (8 or more): $737
Low Rise (1-3 Floors): $313
LowRise,Duplex: $673
ManufacturedHouse: $205
Townhouse: $220
Townhouse,Duplex: $347
Villa Attached: $309
Villa Detached: $430

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $417,985
High Rise (8 or more): $1,904,223
Single Family: $829,117
LowRise,Duplex: $417,667
Duplex: $401,256
ManufacturedHouse: $192,676
Villa Attached: $490,030
Villa Detached: $1,193,797
Townhouse: $368,581
Townhouse,Duplex: $484,333

Average Selling Price

Low Rise (1-3 Floors): $391,951
High Rise (8 or more): $1,730,746
Single Family: $767,631
LowRise,Duplex: $381,333
Duplex: $367,857
ManufacturedHouse: $175,816
Villa Attached: $462,858
Villa Detached: $1,123,671
Townhouse: $351,145
Townhouse,Duplex: $461,333

Selling vs Asking Price

Low Rise (1-3 Floors): -6.23%
High Rise (8 or more): -9.11%
Single Family: -7.42%
LowRise,Duplex: -8.7%
Duplex: -8.32%
ManufacturedHouse: -8.75%
Villa Attached: -5.54%
Villa Detached: -5.87%
Townhouse: -4.73%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 96
Duplex: 103
High Rise (8 or more): 172
Low Rise (1-3 Floors): 104
LowRise,Duplex: 134
ManufacturedHouse: 124
Townhouse: 76
Townhouse,Duplex: 88
Villa Attached: 88
Villa Detached: 124

* 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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