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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

$705,561

AVERAGE PRICE OF 227 HOMES

$546,571

AVERAGE PRICE OF 14 DISTRESSED HOMES

$1,816,250

AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

$1,144,300

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$758,259

AVERAGE PRICE OF 132 HOMES WITH A POOL

$485,628

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $705,561
Avg Bedrooms 3.49 beds
Avg Bathrooms 2.68 baths

Average Price by Bedrooms

1 bedroom $152,500
2 bedrooms $187,433
3 bedrooms $540,288
4 bedrooms $662,468
5 bedrooms $922,925
Palmetto Bay Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 240 256 253 258 271
Average Price $691,028 $696,513 $691,337 $699,264 $699,459
Avg Price Change -0.79% +0.75% -1.15% -0.03% -1.00%
Median Price $624,151 $634,476 $634,810 $633,920 $633,951
Med Price Change -1.65% -0.05% +0.14% 0.00% -2.14%
Avg Bedrooms 3.39 beds 3.45 beds 3.52 beds 3.6 beds 3.66 beds
Avg Bathrooms 2.61 baths 2.67 baths 2.7 baths 2.75 baths 2.78 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corla Reef 3 $694,666 69 days
Miami Palmetto 107 $714,725 121 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 227 $705,561 128 days
Distressed Homes 14 $546,571 168 days
Multi-Million Dollar Homes 22 $1,816,250 129 days
Newly Built Homes 9 $1,144,300 206 days
Homes with a Pool 132 $758,259 122 days
Reduced Price Homes 7 $485,628 98 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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