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Palmetto Bay

Why you'd want to live in Palmetto Bay

The Village of Palmetto Bay is served by the Miami market for local radio and television. The Village has its own newspaper, The Palmetto Bay News, which is published bi-weekly and is part of Miami Community Newspapers. Additionally, The Miami Herald covers the Village in its South Dade edition of its "Neighbors" supplement.

Palmetto Bay Market Report

$699,297

AVERAGE PRICE OF 261 HOMES

$561,025

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,813,104

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$1,105,467

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$739,853

AVERAGE PRICE OF 147 HOMES WITH A POOL

$722,940

AVERAGE PRICE OF 119 REDUCED PRICE HOMES

Average Home

Average Price $699,297
Avg Bedrooms 3.44 beds
Avg Bathrooms 2.66 baths

Average Price by Bedrooms

1 bedroom $152,500
2 bedrooms $178,942
3 bedrooms $523,830
4 bedrooms $651,836
5 bedrooms $958,780
Palmetto Bay Home Price Trends
  10/2018 9/2018 8/2018 7/2018 6/2018
Total Listings 253 258 271 268 260
Average Price $691,337 $699,264 $699,459 $706,482 $710,091
Avg Price Change -1.15% -0.03% -1.00% -0.51% +0.16%
Median Price $634,810 $633,920 $633,951 $647,511 $639,582
Med Price Change +0.14% 0.00% -2.14% +1.24% +0.58%
Avg Bedrooms 3.52 beds 3.6 beds 3.66 beds 3.7 beds 3.78 beds
Avg Bathrooms 2.7 baths 2.75 baths 2.78 baths 2.83 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corla Reef 3 $716,433 93 days
Miami Palmetto 126 $714,618 116 days
Pahokee Middle-Senior High 1 $425,000 306 days
Park Vista Community 1 $798,800 282 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 261 $699,297 116 days
Distressed Homes 16 $561,025 123 days
Multi-Million Dollar Homes 24 $1,813,104 150 days
Newly Built Homes 9 $1,105,467 158 days
Homes with a Pool 147 $739,853 114 days
Reduced Price Homes 119 $722,940 166 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

8

PALMETTO MIDDLE SCHOOL
Middle School
Public

9

SOUTHWOOD MIDDLE SCHOOL
Middle School
Public

Renny Plus Seve Real Estate Experts Team, at Worldwide Select Group Inc
Renny Plus Seve Real Estate Experts Team
12595 SW 137th Ave, Suite 110
Miami, FL 33186
305-378-9900

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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