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  • South Miami

    South Miami Market Report

    $791,765

    AVERAGE PRICE OF 113 HOMES

    $580,216

    AVERAGE PRICE OF 6 DISTRESSED HOMES

    $1,764,885

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $1,649,190

    AVERAGE PRICE OF 10 NEWLY BUILT HOMES

    $1,373,123

    AVERAGE PRICE OF 30 HOMES WITH A POOL

    $697,426

    AVERAGE PRICE OF 49 REDUCED PRICE HOMES

    Average Home

    Average Price $791,765
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.68 baths

    Average Price by Bedrooms

    1 bedroom $181,663
    2 bedrooms $360,845
    3 bedrooms $599,224
    4 bedrooms $1,026,247
    5 bedrooms $1,413,539
    South Miami Home Price Trends
      1/2018 12/2017 11/2017 10/2017 9/2017
    Total Listings 106 111 118 124 135
    Average Price $804,667 $825,526 $795,130 $805,727 $827,074
    Avg Price Change -2.59% +3.82% -1.33% -2.65% +3.20%
    Median Price $613,274 $615,790 $597,733 $577,161 $598,150
    Med Price Change -0.41% +3.02% +3.56% -3.64% +0.06%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.77 baths 2.86 baths 2.75 baths 2.79 baths 2.88 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Coral Gables 2 $547,500 84 days
    South Miami 27 $794,733 98 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 113 $791,765 107 days
    Distressed Homes 6 $580,216 131 days
    Multi-Million Dollar Homes 27 $1,764,885 120 days
    Newly Built Homes 10 $1,649,190 111 days
    Homes with a Pool 30 $1,373,123 95 days
    Reduced Price Homes 49 $697,426 132 days

    School Data

    Highly Rated South Miami Schools

    8

    DAVID FAIRCHILD ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    LUDLAM ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    SUNSET ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    SOUTH MIAMI K-8 CENTER
    Middle School
    Public

    10

    SOUTH MIAMI MIDDLE SCHOOL
    Middle School
    Public