ANDRES JARA · REAL ESTATE

Palmetto Bay

Monthly Market Report · July 2, 2026

Market Summary

As of July 2, 2026, Palmetto Bay has 120 active listings at a median list price of $1.5M ($551 per sqft). 168 homes closed in the past 12 months at a median sold price of $1.1M, implying 8.6 months of supply.

Based on MLS closed sales. Data current as of July 2, 2026.

120
Active Listings
$1.5M
Median List Price
$551
Median $/SqFt
8.6
Months of Supply
$1.1M
Median Sold (12mo)
168
Closed Sales
last 12 months
Buyer’s Market8.6 months of supply

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

Median $/SqFt

Palmetto Bay · 2,020 closed sales
Median price per square foot over time$526$378$2302020-072021-072022-072023-072024-072025-07