South Miami

South Miami is yet another gem in the paradise that is the state of Florida. It is the ideal place for families looking to enjoy a high quality of life, a variety of recreational opportunities, and an abundant selection of employment options. While sea and sun are standard trademarks of Florida, this area is known for being covered by trees and plant life, historical buildings, and high-end retail shopping. Some of the many parks, located in South Miami include: Palmer Park, Fuchs Park, Marshall Williamson Park, the Jean H. Willis Flowering Tree Park, Brewer Park, and Murray Park. South Miami is an area that truly appreciates nature and enjoying outdoor activities with family and friends. When it’s a little too hot, there are some large shopping areas to peruse, while keeping cool. There is also a wide variety of restaurants, many of which are highly recommended on sites such as TripAdvisor. Whether raising a family or not, living in South Miami ensures comfort and satisfaction.

Active Properties Statistics

Properties On Market

Single Family: 12814
High Rise (8 or more): 1116
Low Rise (1-3 Floors): 4087
ManufacturedHouse: 717
Mid Rise (4-7 Floors): 1075
Townhouse: 545
Villa Attached: 905
Villa Detached: 51

Avg. Asking Price

Single Family: $1,125,095
High Rise (8 or more): $1,756,743
Low Rise (1-3 Floors): $466,794
ManufacturedHouse: $236,569
Mid Rise (4-7 Floors): $942,363
Townhouse: $359,841
Villa Attached: $485,495
Villa Detached: $992,117

Avg. Beds & baths

Single Family: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
ManufacturedHouse: 2/2
Mid Rise (4-7 Floors): 2/2
Townhouse: 3/2
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $400
High Rise (8 or more): $733
Low Rise (1-3 Floors): $311
ManufacturedHouse: $1052
Mid Rise (4-7 Floors): $489
Townhouse: $218
Villa Attached: $293
Villa Detached: $422

Sold Properties

Average Asking Price

ManufacturedHouse: $192,698
Low Rise (1-3 Floors): $436,540
Mid Rise (4-7 Floors): $638,975
High Rise (8 or more): $1,906,207
Villa Attached: $522,245
Single Family: $845,996
Townhouse: $338,920
Villa Detached: $1,140,986

Average Selling Price

ManufacturedHouse: $179,864
Low Rise (1-3 Floors): $410,335
Mid Rise (4-7 Floors): $599,773
High Rise (8 or more): $1,778,330
Villa Attached: $499,120
Single Family: $798,320
Townhouse: $322,836
Villa Detached: $1,070,138

Selling vs Asking Price

ManufacturedHouse: -6.66%
Low Rise (1-3 Floors): -6%
Mid Rise (4-7 Floors): -6.14%
High Rise (8 or more): -6.71%
Villa Attached: -4.43%
Single Family: -5.64%
Townhouse: -4.75%
Villa Detached: -6.21%

Avg. Days On Market

Single Family: 85
High Rise (8 or more): 131
Low Rise (1-3 Floors): 101
ManufacturedHouse: 105
Mid Rise (4-7 Floors): 117
Townhouse: 106
Villa Attached: 84
Villa Detached: 141

Avg. Selling Price Per Sqft

ManufacturedHouse: $165
Low Rise (1-3 Floors): $264
Mid Rise (4-7 Floors): $399
High Rise (8 or more): $724
Villa Attached: $293
Single Family: $325
Townhouse: $195
Villa Detached: $464

Choose Community Market History Chart (Past 90 Days):

* These market statistics are not guaranteed to be accurate and are meant only as an estimate. Statistics for Properties are based on the previous 90 days. Contact your agent for more detailed market information.