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  • Palmetto Bay

    Palmetto Bay Market Report

    $738,889

    AVERAGE PRICE OF 224 HOMES

    $584,249

    AVERAGE PRICE OF 12 DISTRESSED HOMES

    $1,894,863

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $1,382,400

    AVERAGE PRICE OF 5 NEWLY BUILT HOMES

    $733,715

    AVERAGE PRICE OF 137 HOMES WITH A POOL

    $737,165

    AVERAGE PRICE OF 108 REDUCED PRICE HOMES

    Average Home

    Average Price $738,889
    Avg Bedrooms 4 beds
    Avg Bathrooms 3.07 baths

    Average Price by Bedrooms

    1 bedroom $170,000
    2 bedrooms $397,750
    3 bedrooms $581,866
    4 bedrooms $642,557
    5 bedrooms $975,169
    Palmetto Bay Home Price Trends
      9/2017 8/2017 7/2017 6/2017 5/2017
    Total Listings 231 223 232 186 175
    Average Price $758,740 $758,790 $748,136 $797,962 $807,187
    Avg Price Change -0.01% +1.42% -6.66% -1.16% -2.99%
    Median Price $651,066 $648,533 $649,713 $693,277 $700,790
    Med Price Change +0.39% -0.18% -6.71% -1.08% -0.97%
    Avg Bedrooms 3 beds 3.67 beds 3.97 beds 4 beds 4 beds
    Avg Bathrooms 3.07 baths 3.11 baths 2.85 baths 2.95 baths 2.97 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Corla Reef 1 $599,000 n/a
    Miami Palmetto 105 $740,673 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 224 $738,889 n/a
    Distressed Homes 12 $584,249 n/a
    Multi-Million Dollar Homes 22 $1,894,863 n/a
    Newly Built Homes 5 $1,382,400 n/a
    Homes with a Pool 137 $733,715 n/a
    Reduced Price Homes 108 $737,165 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