ANDRES JARA · REAL ESTATE

Palmetto Bay

Monthly Market Report · August 16, 2026

Market Summary

As of August 16, 2026, Palmetto Bay has 140 active listings at a median list price of $1.4M ($528 per sqft). 179 homes closed in the past 12 months at a median sold price of $1.1M, implying 9.4 months of supply.

Based on MLS closed sales. Data current as of August 16, 2026.

For Sale in Palmetto Bay

126 single-family homes & townhomes currently for sale · $162,000 – $9,495,000.

Palmetto BayFor Sale126 for sale · $162,000 – $9,495,000
126
Homes for Sale
$162K
From
$9.5M
Up to
140
Active Listings
$1.4M
Median List Price
$528
Median $/SqFt
9.4
Months of Supply
$1.1M
Median Sold (12mo)
179
Closed Sales
last 12 months
Buyer’s Market9.4 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Median $/SqFt

Palmetto Bay · 1,988 closed sales
Median price per square foot over time$526$373$2202020-082021-082022-082023-082024-082025-082026-08

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