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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

$713,587

AVERAGE PRICE OF 294 HOMES

$446,699

AVERAGE PRICE OF 15 DISTRESSED HOMES

$1,667,084

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$815,450

AVERAGE PRICE OF 6 NEWLY BUILT HOMES

$749,226

AVERAGE PRICE OF 189 HOMES WITH A POOL

$670,159

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $713,587
Avg Bedrooms 3.65 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $135,000
2 bedrooms $226,350
3 bedrooms $540,699
4 bedrooms $658,615
5 bedrooms $902,849
Palmetto Bay Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 277 268 253 227 240
Average Price $715,246 $698,656 $699,557 $696,664 $691,028
Avg Price Change +2.37% -0.13% +0.42% +0.82% -0.79%
Median Price $649,935 $643,316 $633,264 $626,101 $624,151
Med Price Change +1.03% +1.59% +1.14% +0.31% -1.65%
Avg Bedrooms 3.65 beds 3.6 beds 3.48 beds 3.44 beds 3.39 beds
Avg Bathrooms 2.79 baths 2.74 baths 2.66 baths 2.63 baths 2.61 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corla Reef 1 $559,500 176 days
Miami Palmetto 161 $702,055 95 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 294 $713,587 111 days
Distressed Homes 15 $446,699 138 days
Multi-Million Dollar Homes 31 $1,667,084 123 days
Newly Built Homes 6 $815,450 215 days
Homes with a Pool 189 $749,226 98 days
Reduced Price Homes 10 $670,159 54 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
12970 SW 187th St
Miami, FL 33177
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.