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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

$704,947

AVERAGE PRICE OF 267 HOMES

$515,964

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,765,233

AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

$711,087

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$769,793

AVERAGE PRICE OF 167 HOMES WITH A POOL

$624,429

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $704,947
Avg Bedrooms 3.61 beds
Avg Bathrooms 2.77 baths

Average Price by Bedrooms

1 bedroom $135,000
2 bedrooms $163,112
3 bedrooms $529,945
4 bedrooms $667,273
5 bedrooms $879,122
Palmetto Bay Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 253 227 240 256 253
Average Price $699,557 $696,664 $691,028 $696,513 $691,337
Avg Price Change +0.42% +0.82% -0.79% +0.75% -1.15%
Median Price $633,264 $626,101 $624,151 $634,476 $634,810
Med Price Change +1.14% +0.31% -1.65% -0.05% +0.14%
Avg Bedrooms 3.48 beds 3.44 beds 3.39 beds 3.45 beds 3.52 beds
Avg Bathrooms 2.66 baths 2.63 baths 2.61 baths 2.67 baths 2.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corla Reef 3 $682,833 83 days
Miami Palmetto 135 $694,708 108 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 267 $704,947 123 days
Distressed Homes 17 $515,964 177 days
Multi-Million Dollar Homes 25 $1,765,233 122 days
Newly Built Homes 8 $711,087 227 days
Homes with a Pool 167 $769,793 114 days
Reduced Price Homes 10 $624,429 108 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

9

AIR BASE ELEMENTARY SCHOOL
Middle 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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