South Miami

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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.

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Active Properties Statistics

Properties On Market

Single Family: 15263
Duplex: 37
High Rise (8 or more): 1153
Low Rise (1-3 Floors): 4345
LowRise,Duplex: 11
ManufacturedHouse: 872
Townhouse: 571
Townhouse,Duplex: 9
Villa Attached: 1082
Villa Detached: 55

Avg. Asking Price

Single Family: $1,062,274
Duplex: $796,022
High Rise (8 or more): $1,673,982
Low Rise (1-3 Floors): $464,515
LowRise,Duplex: $902,909
ManufacturedHouse: $221,208
Townhouse: $356,085
Townhouse,Duplex: $568,333
Villa Attached: $500,233
Villa Detached: $940,880

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $475
Duplex: $442
High Rise (8 or more): $737
Low Rise (1-3 Floors): $314
LowRise,Duplex: $651
ManufacturedHouse: $204
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $303
Villa Detached: $432

Sold Properties

Average Asking Price

High Rise (8 or more): $1,634,899
Low Rise (1-3 Floors): $402,113
Single Family: $749,552
LowRise,Duplex: $284,000
Duplex: $401,579
ManufacturedHouse: $198,766
Villa Attached: $474,184
Villa Detached: $1,112,225
Townhouse: $359,903
Townhouse,Duplex: $522,000

Average Selling Price

High Rise (8 or more): $1,487,352
Low Rise (1-3 Floors): $376,546
Single Family: $701,757
LowRise,Duplex: $252,000
Duplex: $363,000
ManufacturedHouse: $181,369
Villa Attached: $447,127
Villa Detached: $1,051,923
Townhouse: $342,286
Townhouse,Duplex: $497,000

Selling vs Asking Price

High Rise (8 or more): -9.02%
Low Rise (1-3 Floors): -6.36%
Single Family: -6.38%
LowRise,Duplex: -11.27%
Duplex: -9.61%
ManufacturedHouse: -8.75%
Villa Attached: -5.71%
Villa Detached: -5.42%
Townhouse: -4.89%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 82
Duplex: 107
High Rise (8 or more): 140
HighRise,Duplex: 179
Low Rise (1-3 Floors): 91
LowRise,Duplex: 89
ManufacturedHouse: 96
Townhouse: 71
Townhouse,Duplex: 83
Villa Attached: 78
Villa Detached: 113

Avg. Selling Price Per Sqft

High Rise (8 or more): $658
Low Rise (1-3 Floors): $259
Single Family: $312
LowRise,Duplex: $173
Duplex: $221
ManufacturedHouse: $158
Villa Attached: $279
Villa Detached: $467
Townhouse: $194
Townhouse,Duplex: $381

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.