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  • South Miami

    South Miami Market Report

    $761,746

    AVERAGE PRICE OF 125 HOMES

    $492,519

    AVERAGE PRICE OF 7 DISTRESSED HOMES

    $1,754,823

    AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

    $1,621,546

    AVERAGE PRICE OF 11 NEWLY BUILT HOMES

    $1,359,686

    AVERAGE PRICE OF 28 HOMES WITH A POOL

    $642,052

    AVERAGE PRICE OF 40 REDUCED PRICE HOMES

    Average Home

    Average Price $761,746
    Avg Bedrooms 2.57 beds
    Avg Bathrooms 2.16 baths

    Average Price by Bedrooms

    1 bedroom $199,257
    2 bedrooms $411,506
    3 bedrooms $568,235
    4 bedrooms $1,012,526
    5 bedrooms $1,505,083
    South Miami Home Price Trends
      4/2018 3/2018 2/2018 1/2018 12/2017
    Total Listings n/a 114 111 106 111
    Average Price n/a $782,536 $792,964 $804,667 $825,526
    Avg Price Change n/a -1.33% -1.48% -2.59% +3.82%
    Median Price n/a $602,189 $617,196 $613,274 $615,790
    Med Price Change n/a -2.49% +0.64% -0.41% +3.02%
    Avg Bedrooms n/a 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms n/a 2.66 baths 2.7 baths 2.77 baths 2.86 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Coral Gables 6 $1,493,000 77 days
    Coral Glades High 1 $239,000 20 days
    South Miami 25 $708,836 117 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 125 $761,746 111 days
    Distressed Homes 7 $492,519 132 days
    Multi-Million Dollar Homes 29 $1,754,823 137 days
    Newly Built Homes 11 $1,621,546 119 days
    Homes with a Pool 28 $1,359,686 123 days
    Reduced Price Homes 40 $642,052 163 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