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  • South Miami

    South Miami Market Report

    $1,272,471

    AVERAGE PRICE OF 134 HOMES

    $515,808

    AVERAGE PRICE OF 4 DISTRESSED HOMES

    $3,222,430

    AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

    $1,792,408

    AVERAGE PRICE OF 12 NEWLY BUILT HOMES

    $1,393,705

    AVERAGE PRICE OF 38 HOMES WITH A POOL

    $879,212

    AVERAGE PRICE OF 56 REDUCED PRICE HOMES

    Average Home

    Average Price $1,272,471
    Avg Bedrooms 2.58 beds
    Avg Bathrooms 2.09 baths

    Average Price by Bedrooms

    1 bedroom $242,646
    2 bedrooms $461,046
    3 bedrooms $591,574
    4 bedrooms $946,994
    5 bedrooms $1,562,306
    South Miami Home Price Trends
      8/2018 7/2018 6/2018 5/2018 4/2018
    Total Listings 130 129 126 122 n/a
    Average Price $1,274,668 $938,695 $804,374 $763,995 n/a
    Avg Price Change +35.79% +16.70% +5.29% n/a n/a
    Median Price $653,333 $614,666 $596,517 $548,631 n/a
    Med Price Change +6.29% +3.04% +8.73% n/a n/a
    Avg Bedrooms 2.45 beds 2.56 beds 2.53 beds 2.59 beds n/a
    Avg Bathrooms 2.03 baths 2.15 baths 2.14 baths 2.19 baths n/a
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Coral Gables 7 $1,186,143 172 days
    Coral Glades High 2 $275,000 60 days
    South Miami 26 $756,603 112 days
    Southwest Miami 1 $389,000 24 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 134 $1,272,471 124 days
    Distressed Homes 4 $515,808 154 days
    Multi-Million Dollar Homes 37 $3,222,430 152 days
    Newly Built Homes 12 $1,792,408 199 days
    Homes with a Pool 38 $1,393,705 149 days
    Reduced Price Homes 56 $879,212 162 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