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  • Palmetto Bay

    Palmetto Bay Market Report

    $715,049

    AVERAGE PRICE OF 200 HOMES

    $556,371

    AVERAGE PRICE OF 13 DISTRESSED HOMES

    $1,678,913

    AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

    $1,657,666

    AVERAGE PRICE OF 3 NEWLY BUILT HOMES

    $713,559

    AVERAGE PRICE OF 129 HOMES WITH A POOL

    $732,779

    AVERAGE PRICE OF 78 REDUCED PRICE HOMES

    Average Home

    Average Price $715,049
    Avg Bedrooms 3 beds
    Avg Bathrooms 3.01 baths

    Average Price by Bedrooms

    1 bedroom $143,000
    2 bedrooms $424,175
    3 bedrooms $569,487
    4 bedrooms $637,641
    5 bedrooms $937,620
    Palmetto Bay Home Price Trends
      12/2017 11/2017 10/2017 9/2017 8/2017
    Total Listings 209 220 225 231 223
    Average Price $718,425 $718,691 $738,905 $758,740 $758,790
    Avg Price Change -0.04% -2.81% -2.68% -0.01% +1.42%
    Median Price $617,804 $624,348 $643,104 $651,066 $648,533
    Med Price Change -1.06% -3.00% -1.24% +0.39% -0.18%
    Avg Bedrooms 3.03 beds 3 beds 3.13 beds 3 beds 3.67 beds
    Avg Bathrooms 3.08 baths 3.06 baths 3.07 baths 3.07 baths 3.11 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Corla Reef 1 $679,000 n/a
    Miami Palmetto 110 $697,223 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 200 $715,049 n/a
    Distressed Homes 13 $556,371 n/a
    Multi-Million Dollar Homes 23 $1,678,913 n/a
    Newly Built Homes 3 $1,657,666 n/a
    Homes with a Pool 129 $713,559 n/a
    Reduced Price Homes 78 $732,779 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