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  • South Miami

    South Miami Market Report

    $813,466

    AVERAGE PRICE OF 105 HOMES

    $440,083

    AVERAGE PRICE OF 6 DISTRESSED HOMES

    $1,726,703

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $1,742,000

    AVERAGE PRICE OF 8 NEWLY BUILT HOMES

    $1,421,566

    AVERAGE PRICE OF 27 HOMES WITH A POOL

    $707,827

    AVERAGE PRICE OF 36 REDUCED PRICE HOMES

    Average Home

    Average Price $813,466
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.78 baths

    Average Price by Bedrooms

    1 bedroom $189,450
    2 bedrooms $391,920
    3 bedrooms $588,150
    4 bedrooms $1,005,819
    5 bedrooms $1,438,800
    South Miami Home Price Trends
      12/2017 11/2017 10/2017 9/2017 8/2017
    Total Listings 111 118 124 135 126
    Average Price $825,526 $795,130 $805,727 $827,074 $801,440
    Avg Price Change +3.82% -1.33% -2.65% +3.20% -9.50%
    Median Price $615,790 $597,733 $577,161 $598,150 $597,811
    Med Price Change +3.02% +3.56% -3.64% +0.06% -6.06%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.86 baths 2.75 baths 2.79 baths 2.88 baths 2.78 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Coral Gables 3 $548,300 n/a
    South Miami 20 $892,670 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 105 $813,466 n/a
    Distressed Homes 6 $440,083 n/a
    Multi-Million Dollar Homes 27 $1,726,703 n/a
    Newly Built Homes 8 $1,742,000 n/a
    Homes with a Pool 27 $1,421,566 n/a
    Reduced Price Homes 36 $707,827 n/a

    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