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  • Palmetto Bay

    Palmetto Bay Market Report

    $715,263

    AVERAGE PRICE OF 222 HOMES

    $538,635

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $1,780,043

    AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

    $1,378,400

    AVERAGE PRICE OF 5 NEWLY BUILT HOMES

    $723,914

    AVERAGE PRICE OF 135 HOMES WITH A POOL

    $701,835

    AVERAGE PRICE OF 106 REDUCED PRICE HOMES

    Average Home

    Average Price $715,263
    Avg Bedrooms 3 beds
    Avg Bathrooms 3.06 baths

    Average Price by Bedrooms

    1 bedroom $150,000
    2 bedrooms $421,062
    3 bedrooms $570,026
    4 bedrooms $636,808
    5 bedrooms $966,841
    Palmetto Bay Home Price Trends
      10/2017 9/2017 8/2017 7/2017 6/2017
    Total Listings 225 231 223 232 186
    Average Price $738,905 $758,740 $758,790 $748,136 $797,962
    Avg Price Change -2.68% -0.01% +1.42% -6.66% -1.16%
    Median Price $643,104 $651,066 $648,533 $649,713 $693,277
    Med Price Change -1.24% +0.39% -0.18% -6.71% -1.08%
    Avg Bedrooms 3.13 beds 3 beds 3.67 beds 3.97 beds 4 beds
    Avg Bathrooms 3.07 baths 3.07 baths 3.11 baths 2.85 baths 2.95 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Corla Reef 2 $644,000 n/a
    Miami Palmetto 111 $727,393 n/a
    Miami Southridge 1 $155,000 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 222 $715,263 n/a
    Distressed Homes 14 $538,635 n/a
    Multi-Million Dollar Homes 23 $1,780,043 n/a
    Newly Built Homes 5 $1,378,400 n/a
    Homes with a Pool 135 $723,914 n/a
    Reduced Price Homes 106 $701,835 n/a

    School Data

    Highly Rated Palmetto Bay Schools

    10

    CORAL REEF ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    HOWARD DRIVE ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    PALMETTO MIDDLE SCHOOL
    Middle School
    Public

    9

    SOUTHWOOD MIDDLE SCHOOL
    Middle School
    Public