Palmetto Bay Market Report

$810,218

AVERAGE PRICE OF 150 HOMES

$521,740

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,943,333

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$1,724,250

AVERAGE PRICE OF 4 NEWLY BUILT HOMES

$881,605

AVERAGE PRICE OF 103 HOMES WITH A POOL

Average Home

Average Price $810,218
Avg Bedrooms 4 beds
Avg Bathrooms 2.94 baths

Average Price by Bedrooms

1 bedroom $100,000
2 bedrooms $274,140
3 bedrooms $733,712
4 bedrooms $695,939
5 bedrooms $1,072,697
Palmetto Bay Home Price Trends
  2/2017 1/2017 12/2016 11/2016 10/2016
Total Listings 150 157 159 163 167
Average Price $772,923 $756,636 $760,680 $747,403 $748,658
Avg Price Change +2.15% -0.53% +1.78% -0.17% -1.58%
Median Price $653,657 $616,861 $627,533 $636,476 $647,252
Med Price Change +5.97% -1.73% -1.43% -1.69% -0.59%
Avg Bedrooms 3.26 beds 3.45 beds 4 beds 4 beds 4 beds
Avg Bathrooms 2.86 baths 2.81 baths 2.88 baths 2.89 baths 2.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Corla Reef 1 $649,000 300 days
Miami Palmetto 74 $860,693 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 150 $810,218 106 days
Distressed Homes 5 $521,740 75 days
Multi-Million Dollar Homes 21 $1,943,333 150 days
Newly Built Homes 4 $1,724,250 200 days
Homes with a Pool 103 $881,605 113 days