Palmetto Bay
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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: 11131High Rise (8 or more): 949
Low Rise (1-3 Floors): 3292
ManufacturedHouse: 648
Mid Rise (4-7 Floors): 848
Townhouse: 478
Villa Attached: 774
Villa Detached: 42
Avg. Asking Price
Single Family: $1,058,459High Rise (8 or more): $1,741,603
Low Rise (1-3 Floors): $451,478
ManufacturedHouse: $213,533
Mid Rise (4-7 Floors): $1,197,687
Townhouse: $340,668
Villa Attached: $450,241
Villa Detached: $984,429
Avg. Beds & baths
Single Family: 3/2High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
ManufacturedHouse: 2/2
Mid Rise (4-7 Floors): 2/2
Townhouse: 3/2
Villa Attached: 2/2
Villa Detached: 3/2
Avg. Asking Price Per Sqft
Single Family: $1193High Rise (8 or more): $723
Low Rise (1-3 Floors): $304
ManufacturedHouse: $198
Mid Rise (4-7 Floors): $521
Townhouse: $208
Villa Attached: $279
Villa Detached: $425
Sold Properties
Average Asking Price
ManufacturedHouse: $178,072Low Rise (1-3 Floors): $382,862
High Rise (8 or more): $1,423,729
Mid Rise (4-7 Floors): $582,155
Single Family: $788,071
Villa Attached: $435,604
Villa Detached: $1,079,992
Townhouse: $340,560
Average Selling Price
ManufacturedHouse: $165,067Low Rise (1-3 Floors): $358,923
High Rise (8 or more): $1,317,312
Mid Rise (4-7 Floors): $546,324
Single Family: $743,978
Villa Attached: $414,425
Villa Detached: $983,769
Townhouse: $322,649
Selling vs Asking Price
ManufacturedHouse: -7.3%Low Rise (1-3 Floors): -6.25%
High Rise (8 or more): -7.47%
Mid Rise (4-7 Floors): -6.15%
Single Family: -5.6%
Villa Attached: -4.86%
Villa Detached: -8.91%
Townhouse: -5.26%
Avg. Days On Market
Single Family: 85High Rise (8 or more): 155
Low Rise (1-3 Floors): 117
ManufacturedHouse: 116
Mid Rise (4-7 Floors): 129
Townhouse: 79
Villa Attached: 92
Villa Detached: 94
Avg. Selling Price Per Sqft
ManufacturedHouse: $148Low Rise (1-3 Floors): $242
High Rise (8 or more): $603
Mid Rise (4-7 Floors): $379
Single Family: $309
Villa Attached: $254
Villa Detached: $415
Townhouse: $192
Choose Community Market History Chart (Past 90 Days):
* These market statistics are not guaranteed to be accurate and are meant only as an estimate. Statistics for Properties are based on the previous 90 days. Contact your agent for more detailed market information.