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: 16562
Duplex: 40
High Rise (8 or more): 1325
Low Rise (1-3 Floors): 4890
LowRise,Duplex: 16
ManufacturedHouse: 943
Townhouse: 646
Townhouse,Duplex: 11
Villa Attached: 1223
Villa Detached: 73

Avg. Asking Price

Single Family: $1,117,303
Duplex: $755,752
High Rise (8 or more): $1,779,872
Low Rise (1-3 Floors): $472,032
LowRise,Duplex: $745,869
ManufacturedHouse: $222,508
Townhouse: $367,942
Townhouse,Duplex: $652,636
Villa Attached: $515,394
Villa Detached: $1,055,979

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: $536
Duplex: $423
High Rise (8 or more): $754
Low Rise (1-3 Floors): $318
LowRise,Duplex: $565
ManufacturedHouse: $206
Townhouse: $223
Townhouse,Duplex: $415
Villa Attached: $312
Villa Detached: $475

Sold Properties

Average Asking Price

Single Family: $855,180
Low Rise (1-3 Floors): $434,446
High Rise (8 or more): $1,877,632
LowRise,Duplex: $685,000
Duplex: $469,974
ManufacturedHouse: $187,988
Villa Attached: $503,225
Villa Detached: $1,255,200
Townhouse: $370,266
Townhouse,Duplex: $409,000

Average Selling Price

Single Family: $794,475
Low Rise (1-3 Floors): $410,300
High Rise (8 or more): $1,726,738
LowRise,Duplex: $640,000
Duplex: $438,125
ManufacturedHouse: $171,569
Villa Attached: $475,782
Villa Detached: $1,186,523
Townhouse: $354,586
Townhouse,Duplex: $390,000

Selling vs Asking Price

Single Family: -7.1%
Low Rise (1-3 Floors): -5.56%
High Rise (8 or more): -8.04%
LowRise,Duplex: -6.57%
Duplex: -6.78%
ManufacturedHouse: -8.73%
Villa Attached: -5.45%
Villa Detached: -5.47%
Townhouse: -4.23%
Townhouse,Duplex: -4.65%

Avg. Days On Market

Single Family: 80
Duplex: 41
High Rise (8 or more): 108
Low Rise (1-3 Floors): 90
LowRise,Duplex: 198
ManufacturedHouse: 76
Townhouse: 89
Townhouse,Duplex: 116
Villa Attached: 77
Villa Detached: 81

* 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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