Palmetto Bay Market Report

$867,161

AVERAGE PRICE OF 140 HOMES

$436,360

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,815,478

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$1,705,500

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$901,636

AVERAGE PRICE OF 106 HOMES WITH A POOL

$734,794

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $867,161
Avg Bedrooms 4 beds
Avg Bathrooms 3.07 baths

Average Price by Bedrooms

1 bedroom $99,900
2 bedrooms $699,000
3 bedrooms $773,341
4 bedrooms $724,357
5 bedrooms $1,047,043
Palmetto Bay Home Price Trends
  3/2017 2/2017 1/2017 12/2016 11/2016
Total Listings 152 150 157 159 163
Average Price $787,916 $772,923 $756,636 $760,680 $747,403
Avg Price Change +1.94% +2.15% -0.53% +1.78% -0.17%
Median Price $664,687 $653,657 $616,861 $627,533 $636,476
Med Price Change +1.69% +5.97% -1.73% -1.43% -1.69%
Avg Bedrooms 3.32 beds 3.26 beds 3.45 beds 4 beds 4 beds
Avg Bathrooms 2.9 baths 2.86 baths 2.81 baths 2.88 baths 2.89 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Corla Reef 1 $649,000 334 days
Miami Palmetto 72 $900,233 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 140 $867,161 106 days
Distressed Homes 5 $436,360 92 days
Multi-Million Dollar Homes 23 $1,815,478 154 days
Newly Built Homes 4 $1,705,500 234 days
Homes with a Pool 106 $901,636 105 days
Reduced Price Homes 17 $734,794 79 days