Market Report

Market Report

Palmetto Bay, FL

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% of Asking Price
All Property Types
96%
July 2026
2.1%
since
What kind of market is it?
Buyer's Market
Seller Market
6.8 Months of Supply
What's this mean?

Buyer's Market: More than 6 months of inventory based on closed sales

Seller's Market: Less than 3 months of inventory based on closed sales

Neutral's Market: 3-6 months of inventory based on closed sales

Buyer Market
July 2026
25.8%
since
Avg. Days on Market
All Property Types
64 Days
July 2026
28.4%
since
Monthly Inventory
Number of listings on the market at
any point during July of 2026
144 Properties
139 Single Family
0 Land/Farm
10 Condo
July 2026
45.5%
since
Palmetto Bay / July 2026 / All Property Types
Monthly Supply of Inventory
Total Homes Sold
All Property Types
24 Homes
July 2026
118.2%
since
Palmetto Bay / July 2026 / All Property Types
Homes Sold By Price Range
New Listings
All Property Types
27 Homes
July 2026
17.4%
since
Palmetto Bay / July 2026 / All Property Types
Homes Listed By Price Range
Homes Sold
All Property Types / Year to Date
195 Homes
Jan 2026 - Jul 2026
214.5%
since
Average Sales Price
All Property Types
$1.4M Median Price - $1.1M
July 2026
14.6%
since
Average Price / SqFt
All Property Types
$519 / SqFt
July 2026
2.4%
since

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