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  • Palmetto Bay

    Palmetto Bay Market Report

    $694,988

    AVERAGE PRICE OF 253 HOMES

    $587,347

    AVERAGE PRICE OF 17 DISTRESSED HOMES

    $1,832,700

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $1,109,411

    AVERAGE PRICE OF 9 NEWLY BUILT HOMES

    $743,607

    AVERAGE PRICE OF 145 HOMES WITH A POOL

    $730,457

    AVERAGE PRICE OF 125 REDUCED PRICE HOMES

    Average Home

    Average Price $694,988
    Avg Bedrooms 3.52 beds
    Avg Bathrooms 2.7 baths

    Average Price by Bedrooms

    1 bedroom $139,966
    2 bedrooms $174,166
    3 bedrooms $515,558
    4 bedrooms $653,102
    5 bedrooms $933,524
    Palmetto Bay Home Price Trends
      9/2018 8/2018 7/2018 6/2018 5/2018
    Total Listings 258 271 268 260 269
    Average Price $699,264 $699,459 $706,482 $710,091 $708,940
    Avg Price Change -0.03% -1.00% -0.51% +0.16% n/a
    Median Price $633,920 $633,951 $647,511 $639,582 $635,889
    Med Price Change 0.00% -2.14% +1.24% +0.58% n/a
    Avg Bedrooms 3.6 beds 3.66 beds 3.7 beds 3.78 beds 3.84 beds
    Avg Bathrooms 2.75 baths 2.78 baths 2.83 baths 2.86 baths 2.89 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Corla Reef 1 $640,000 231 days
    Miami Palmetto 129 $707,171 108 days
    Pahokee Middle-Senior High 1 $425,000 280 days
    Park Vista Community 1 $798,800 256 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 253 $694,988 108 days
    Distressed Homes 17 $587,347 109 days
    Multi-Million Dollar Homes 22 $1,832,700 137 days
    Newly Built Homes 9 $1,109,411 143 days
    Homes with a Pool 145 $743,607 105 days
    Reduced Price Homes 125 $730,457 152 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

    10

    LAWTON CHILES MIDDLE ACADEMY
    Middle School
    Public

    8

    PALMETTO MIDDLE SCHOOL
    Middle School
    Public

    9

    SOUTHWOOD MIDDLE SCHOOL
    Middle School
    Public