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Palmetto Bay

Why you'd want to live in Palmetto Bay

The Village of Palmetto Bay is served by the Miami market for local radio and television. The Village has its own newspaper, The Palmetto Bay News, which is published bi-weekly and is part of Miami Community Newspapers. Additionally, The Miami Herald covers the Village in its South Dade edition of its "Neighbors" supplement.

Palmetto Bay Market Report

$1,124,375

AVERAGE PRICE OF 103 HOMES

$839,666

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,988,849

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$895,000

AVERAGE PRICE OF 2 NEWLY BUILT HOMES

$1,067,076

AVERAGE PRICE OF 67 HOMES WITH A POOL

$663,666

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $1,124,375
Avg Bedrooms 3.41 beds
Avg Bathrooms 2.74 baths

Average Price by Bedrooms

2 bedrooms $371,783
3 bedrooms $802,821
4 bedrooms $989,036
5 bedrooms $1,207,586
Palmetto Bay Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 124 126 126 136 136
Average Price $1,053,987 $1,106,294 $1,158,094 $1,133,410 $1,118,129
Avg Price Change -4.96% -4.68% +2.18% +1.37% +3.58%
Median Price $843,658 $859,331 $842,716 $818,090 $806,924
Med Price Change -1.86% +1.97% +3.01% +1.38% +3.03%
Avg Bedrooms 3.31 beds 3.43 beds 3.57 beds 3.63 beds 3.67 beds
Avg Bathrooms 2.76 baths 2.85 baths 2.99 baths 2.95 baths 2.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Palmetto 44 $1,019,875 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 103 $1,124,375 64 days
Distressed Homes 3 $839,666 109 days
Multi-Million Dollar Homes 33 $1,988,849 67 days
Newly Built Homes 2 $895,000 206 days
Homes with a Pool 67 $1,067,076 64 days
Reduced Price Homes 3 $663,666 40 days
Renny Plus Seve Real Estate Experts Team, at Worldwide Select Group Inc
Renny Plus Seve Real Estate Experts Team
13818 SW 162nd St. #356
Miami, FL 33177
305-378-9900

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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