Palmetto Bay Market Report

If you’re looking to buy or sell a home in Palmetto Bay the following numbers will interest you. They represent the homes sold and available for sale in Palmetto Bay.

The first line of data is the total homes. If you look beneath that you will see a breakdown of homes by price ranges.

When the entire county of Miami-Dade has enough inventory to last us at least four years, it’s nice to see that the real estate numbers in Palmetto Bay are much healthier, in some cases as little as ten month’s worth of inventory. While ten months is still considered a Buyer’s Market, it is substantially better than 4 1/2 years worth of inventory, as is the number for Miami-Dade County as a whole.

It’s interesting to note that neither the lower-priced homes nor the extreme top of the luxury homes are doing the best, as far as actives/sold. The range that is really doing the best is the $400,001 – $550,000 range.

Palmetto Bay Real Estate Report

If you need help interpreting these numbers and how they may affect the choices you make as a home seller or buyer in Palmetto Bay, please do not hesitate to get in touch with me.

Keeping the Real in Real Estate…

¦..Maggie Dokic, Realtor®

  1. Bob Carney

    Nice to see you going very local. I am sure you will see more traffic as you continue with you most excellant information. You are the Palmetto Bay expert.

  2. monika

    Excellent market report Maggie. I know I’ve told you before but I really love your blog title!!! It totally rocks!

  3. Maggie

    Bob, thanks! That’s my goal =)

    Monika, it tickles me that you like it so much. LOL

  4. Brandon FL Real Estate

    Excellent Market Report Maggie!! This is a great resource for the locals in Palmetto Bay. ~Susie

  5. Thesa Chambers | Broker | Sunriver Realty

    Maggie – I love how this is broken down into price makes it easier for the buyer and seller to know where the market they are looking at or for is.. great job

  6. Gus Moore

    Nice reporting! I’m happy to see a local blogger focus on Palmetto Bay.

    My wife and I lived in South Beach for many years, and recently moved to Palmetto Bay. We couldn’t be happier here.

    Keep up the good work!

  7. Maggie

    Susie, thanks for the kudos!

    Thesa, I’m visual myself and figure it will help others. Thanks.

    Gus, thanks for the kind comment. I love Palmetto Bay!

  8. Thesa Chambers | Sunriver Real Estate

    Maggie – you are my Palmetto Bay referral source – thanks for always keeeping me updated on what is happening in the market.

  9. Maggie

    Thesa – and you know you are mine! Thanks for your loyal support.

These articles are not intended to give legal or tax advice, and you should consult your attorney or financial advisor for additional information.

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