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  • South Miami

    South Miami Market Report

    $939,950

    AVERAGE PRICE OF 125 HOMES

    $545,658

    AVERAGE PRICE OF 4 DISTRESSED HOMES

    $2,132,118

    AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES

    $1,778,000

    AVERAGE PRICE OF 15 NEWLY BUILT HOMES

    $1,403,691

    AVERAGE PRICE OF 35 HOMES WITH A POOL

    $731,265

    AVERAGE PRICE OF 46 REDUCED PRICE HOMES

    Average Home

    Average Price $939,950
    Avg Bedrooms 2.55 beds
    Avg Bathrooms 2.12 baths

    Average Price by Bedrooms

    1 bedroom $223,966
    2 bedrooms $432,772
    3 bedrooms $591,252
    4 bedrooms $1,024,941
    5 bedrooms $1,829,857
    South Miami Home Price Trends
      6/2018 5/2018 4/2018 3/2018 2/2018
    Total Listings 126 122 n/a 114 111
    Average Price $804,374 $763,995 n/a $782,536 $792,964
    Avg Price Change +5.29% n/a n/a -1.33% -1.48%
    Median Price $596,517 $548,631 n/a $602,189 $617,196
    Med Price Change +8.73% n/a n/a -2.49% +0.64%
    Avg Bedrooms 2.53 beds 2.59 beds n/a 3 beds 3 beds
    Avg Bathrooms 2.14 baths 2.19 baths n/a 2.66 baths 2.7 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Coral Gables 7 $1,210,429 111 days
    Coral Glades High 3 $1,088,000 43 days
    South Miami 30 $733,429 108 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 125 $939,950 116 days
    Distressed Homes 4 $545,658 170 days
    Multi-Million Dollar Homes 34 $2,132,118 149 days
    Newly Built Homes 15 $1,778,000 133 days
    Homes with a Pool 35 $1,403,691 149 days
    Reduced Price Homes 46 $731,265 150 days

    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