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  • Palmetto Bay

    Palmetto Bay Market Report

    $708,955

    AVERAGE PRICE OF 274 HOMES

    $520,699

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $1,771,318

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $1,237,543

    AVERAGE PRICE OF 7 NEWLY BUILT HOMES

    $730,827

    AVERAGE PRICE OF 182 HOMES WITH A POOL

    $687,184

    AVERAGE PRICE OF 119 REDUCED PRICE HOMES

    Average Home

    Average Price $708,955
    Avg Bedrooms 3.84 beds
    Avg Bathrooms 2.88 baths

    Average Price by Bedrooms

    2 bedrooms $152,840
    3 bedrooms $586,409
    4 bedrooms $641,609
    5 bedrooms $924,665
    Palmetto Bay Home Price Trends
      4/2018 3/2018 2/2018 1/2018 12/2017
    Total Listings n/a 244 214 198 209
    Average Price n/a $710,623 $708,624 $713,629 $718,425
    Avg Price Change n/a +0.28% -0.71% -0.67% -0.04%
    Median Price n/a $632,825 $616,115 $615,948 $617,804
    Med Price Change n/a +2.71% +0.03% -0.30% -1.06%
    Avg Bedrooms n/a 3.14 beds 3 beds 3 beds 3.03 beds
    Avg Bathrooms n/a 3.01 baths 3 baths 3.02 baths 3.08 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Corla Reef 1 $665,000 76 days
    Miami Palmetto 158 $692,847 98 days
    Park Vista Community 1 $898,900 101 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 274 $708,955 98 days
    Distressed Homes 14 $520,699 108 days
    Multi-Million Dollar Homes 22 $1,771,318 144 days
    Newly Built Homes 7 $1,237,543 121 days
    Homes with a Pool 182 $730,827 92 days
    Reduced Price Homes 119 $687,184 137 days

    School Data

    Highly Rated Palmetto Bay Schools

    10

    CORAL REEF ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    HOWARD DRIVE ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    PALMETTO ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    PALMETTO MIDDLE SCHOOL
    Middle School
    Public

    9

    SOUTHWOOD MIDDLE SCHOOL
    Middle School
    Public