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This is one of the hottest real estate markets in Miami-Dade due to its’ great schools, multiple parks and single family affordable housing.

Click here to learn more about the Village of Palmetto Bay.

Active Properties Statistics

Properties On Market

Single Family: 15113
Duplex: 37
High Rise (8 or more): 1145
Low Rise (1-3 Floors): 4323
LowRise,Duplex: 11
ManufacturedHouse: 863
Townhouse: 575
Townhouse,Duplex: 9
Villa Attached: 1070
Villa Detached: 55

Avg. Asking Price

Single Family: $1,062,091
Duplex: $787,238
High Rise (8 or more): $1,670,466
Low Rise (1-3 Floors): $467,228
LowRise,Duplex: $912,000
ManufacturedHouse: $221,396
Townhouse: $356,045
Townhouse,Duplex: $568,333
Villa Attached: $500,467
Villa Detached: $940,880

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: $476
Duplex: $433
High Rise (8 or more): $736
Low Rise (1-3 Floors): $315
LowRise,Duplex: $654
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $303
Villa Detached: $432

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $402,754
High Rise (8 or more): $1,666,889
Single Family: $756,706
LowRise,Duplex: $284,000
Duplex: $413,224
ManufacturedHouse: $195,617
Villa Detached: $1,090,096
Villa Attached: $481,466
Townhouse: $362,115
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $377,250
High Rise (8 or more): $1,517,578
Single Family: $708,695
LowRise,Duplex: $252,000
Duplex: $366,250
ManufacturedHouse: $178,515
Villa Detached: $1,030,446
Villa Attached: $453,406
Townhouse: $344,544
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.33%
High Rise (8 or more): -8.96%
Single Family: -6.34%
LowRise,Duplex: -11.27%
Duplex: -11.37%
ManufacturedHouse: -8.74%
Villa Detached: -5.47%
Villa Attached: -5.83%
Townhouse: -4.85%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 83
Duplex: 111
High Rise (8 or more): 147
HighRise,Duplex: 179
Low Rise (1-3 Floors): 90
LowRise,Duplex: 95
ManufacturedHouse: 103
Townhouse: 69
Townhouse,Duplex: 111
Villa Attached: 78
Villa Detached: 111

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.