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: 11582Duplex: 12
High Rise (8 or more): 1034
Low Rise (1-3 Floors): 3702
Manufactured House: 473
ManufacturedHouse: 223
Mid Rise (4-7 Floors): 1032
Townhouse: 483
Villa Attached: 830
Villa Detached: 58
Avg. Asking Price
Single Family: $1,085,934Duplex: $763,941
High Rise (8 or more): $1,905,148
Low Rise (1-3 Floors): $455,419
Manufactured House: $207,067
ManufacturedHouse: $234,891
Mid Rise (4-7 Floors): $1,216,273
Townhouse: $376,617
Villa Attached: $499,002
Villa Detached: $1,221,007
Avg. Beds & baths
Single Family: 3/2Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 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: $814Duplex: $321
High Rise (8 or more): $757
Low Rise (1-3 Floors): $305
Manufactured House: $194
ManufacturedHouse: $228
Mid Rise (4-7 Floors): $532
Townhouse: $221
Villa Attached: $296
Villa Detached: $513
Sold Properties
Average Asking Price
ManufacturedHouse: $187,759Mid Rise (4-7 Floors): $566,834
High Rise (8 or more): $1,500,389
Low Rise (1-3 Floors): $375,172
Villa Attached: $411,776
Single Family: $796,044
Manufactured House: $184,322
Villa Detached: $1,164,224
Townhouse: $328,180
Average Selling Price
ManufacturedHouse: $171,419Mid Rise (4-7 Floors): $528,754
High Rise (8 or more): $1,385,987
Low Rise (1-3 Floors): $353,715
Villa Attached: $394,989
Single Family: $750,306
Manufactured House: $172,872
Villa Detached: $1,077,875
Townhouse: $314,249
Selling vs Asking Price
ManufacturedHouse: -8.7%Mid Rise (4-7 Floors): -6.72%
High Rise (8 or more): -7.62%
Low Rise (1-3 Floors): -5.72%
Villa Attached: -4.08%
Single Family: -5.75%
Manufactured House: -6.21%
Villa Detached: -7.42%
Townhouse: -4.24%
Avg. Days On Market
Single Family: 87High Rise (8 or more): 135
Low Rise (1-3 Floors): 111
Manufactured House: 78
ManufacturedHouse: 108
Mid Rise (4-7 Floors): 122
Townhouse: 77
Villa Attached: 87
Villa Detached: 76
Avg. Selling Price Per Sqft
ManufacturedHouse: $142Mid Rise (4-7 Floors): $362
High Rise (8 or more): $601
Low Rise (1-3 Floors): $239
Villa Attached: $250
Single Family: $311
Manufactured House: $149
Villa Detached: $432
Townhouse: $189
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.