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: 13657
Duplex: 22
High Rise (8 or more): 1058
Low Rise (1-3 Floors): 4039
LowRise,Duplex: 10
ManufacturedHouse: 815
Townhouse: 542
Townhouse,Duplex: 6
Villa Attached: 971
Villa Detached: 48

Avg. Asking Price

Single Family: $1,035,793
Duplex: $829,986
High Rise (8 or more): $1,745,699
Low Rise (1-3 Floors): $475,084
LowRise,Duplex: $863,350
ManufacturedHouse: $217,141
Townhouse: $351,393
Townhouse,Duplex: $511,667
Villa Attached: $491,911
Villa Detached: $992,506

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: $474
Duplex: $487
High Rise (8 or more): $742
Low Rise (1-3 Floors): $314
LowRise,Duplex: $589
ManufacturedHouse: $205
Townhouse: $215
Townhouse,Duplex: $339
Villa Attached: $299
Villa Detached: $425

Sold Properties

Average Asking Price

Single Family: $716,793
Low Rise (1-3 Floors): $394,230
High Rise (8 or more): $1,304,715
LowRise,Duplex: $590,000
Duplex: $543,906
ManufacturedHouse: $189,884
Villa Attached: $485,201
Villa Detached: $1,263,833
Townhouse: $327,648
Townhouse,Duplex: $588,725

Average Selling Price

Single Family: $670,191
Low Rise (1-3 Floors): $368,036
High Rise (8 or more): $1,203,372
LowRise,Duplex: $560,000
Duplex: $530,494
ManufacturedHouse: $174,519
Villa Attached: $454,751
Villa Detached: $1,191,417
Townhouse: $312,201
Townhouse,Duplex: $561,750

Selling vs Asking Price

Single Family: -6.5%
Low Rise (1-3 Floors): -6.64%
High Rise (8 or more): -7.77%
LowRise,Duplex: -5.08%
Duplex: -2.47%
ManufacturedHouse: -8.09%
Villa Attached: -6.28%
Villa Detached: -5.73%
Townhouse: -4.71%
Townhouse,Duplex: -4.58%

Avg. Days On Market

Single Family: 90
Duplex: 105
High Rise (8 or more): 142
Low Rise (1-3 Floors): 109
LowRise,Duplex: 90
ManufacturedHouse: 113
Townhouse: 97
Townhouse,Duplex: 138
Villa Attached: 106
Villa Detached: 96

* 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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