MEDIAN SALE PRICE
$1.13M
▲ 4.7% YoY
MEDIAN $/SF
$492
▲ 4.5% YoY
ACTIVE INVENTORY
131
for sale
DAYS ON MARKET
89
▲ 2 days YoY
MONTHS OF SUPPLY
6.2
active ÷ 30d sales
MARKET PULSE
0.26
Buyer's market
Price cuts (trailing 30d): 29 · 22.1% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
palmetto-bay
BUYER'S ADVANTAGE
Today 0.26 · Miami-Dade County 0.18
MARKET SUMMARY · 12 MONTHS
| Median sale price | $1.13M | |
| Median $/SF | $492 | |
| Median days on market | 89 | |
| Total sales (12mo) | 22 | |
| New listings (12mo) | 31 | |
| Sold ÷ list price | 94.6% | |
| Sold below list | 86% | |
| Sale-to-just-value | — | — |
| Owner-occupied | — | — |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| $2–5M | $2.5M | 3 | 2 | BALANCED |
| $1–2M | $1.58M | 12 | 11 | BALANCED |
| Under $1M | $682K | 8 | 8 | BALANCED |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS
—
Owner-occupied (homestead)
—
Sale-to-just-value ratio
—
Homes sold, 10-yr
—
Effective tax rate
Median holding period & effective tax rate: modeling in progress — no levy or mortgage field in the county deed records yet, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| No sub-markets with data yet |
FASTEST SELLING · DOM
| No sub-markets with days-on-market yet |
NBHDS PERFORMANCE · $/SF
| No sub-markets with $/SF yet |
RENTAL MARKET for-lease · separate from the for-sale figures above
$3,000/mo
Median asking rent
87
Active rentals
29
New listings (30d)
50
Median days on market
MARKET NARRATIVE
The for-sale market in Palmetto Bay, Miami-Dade County, is carrying 131 active listings this week at a median list price of $1,478,000. Fresh supply arrived over the past month — 23 new listings — against 34 pending sales, putting the market pulse at 0.26, a buyer's market. Homes are taking a median of 89 days on market. For context, Miami-Dade County runs at a 0.18 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.
Generated from this week's snapshot · every figure cited appears on this page
FREQUENTLY ASKED · PALMETTO BAY
How much do homes cost in Palmetto Bay?
The median sale price in Palmetto Bay is $1.13M over the trailing 90 days, and the median list price is $1,478,000.
Is Palmetto Bay a buyer's or seller's market?
Palmetto Bay is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.26; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many homes are for sale in Palmetto Bay?
There are 131 active for-sale listings in Palmetto Bay as of snapshot 2026-W32, updated weekly.
How long do homes take to sell in Palmetto Bay?
Homes in Palmetto Bay spend a median of 89 days on market.
What is the price per square foot in Palmetto Bay?
The median list price per square foot in Palmetto Bay is $492.
Are home prices in Palmetto Bay rising or falling?
The median sale price in Palmetto Bay is $1.13M, up 4.7% year over year and the median price per square foot is up 4.5%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Palmetto Bay have?
Palmetto Bay has about 6.2 months of supply — active for-sale listings divided by the most recent 30 days of closed sales. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W32.