Palmetto Bay Real Estate Market

Palmetto Bay Market

The median mortgage debt is $143,809.

Additional Statistics for Single Family Homes and Condos in Palmetto Bay, FL
$488,360
Median Listing Price
53
Median Days on Market
105
Active Listings
21.9%
Distressed Listings
(foreclosures and short sales)
Palmetto Bay, FL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Palmetto Bay is $520,000. The list prices increased by 4% from the previous month.

The price per square foot for listings in this area is $197.

The median sale price in December for single family homes is $401,000. The sale prices dropped by -13.6% from the previous month.

The price per square foot for sales in this area is $130.

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Palmetto Bay, FL Market Inventory Trends

The number of active listings in Palmetto Bay increased by 1% from the previous month.

The median number of days active properties have been listed is 54. This is significantly shorter than the national average.

The number of sales increased by 160% from the previous month.

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Palmetto Bay, FL Property Ownership

The percent of owner occupied properties in Palmetto Bay is 15.34% above the national average.

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