Market Report

Palmetto Bay, FL

Updated: September 22, 2026 · Source: Florida MLS

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Active market snapshot

Active for sale

87

Median price

$1,475,000

Average price

$1,608,502

Price/sqft

$639/ft²

Luxury ($1M+)

61

Waterfront

6

Closed sales (last 90 days)

Sales 30d

32

Sales 60d

50

Sales 90d

73

Median sold price

$1,275,000

Median DOM

41d

Market indicators

Absorption rate

18.2%

% inventory sold/month

Sale/list ratio

94.9%

Close price vs list price

Sale/original list ratio

91.9%

Avg DOM (current)

34d

Recent sales

AddressClose PriceList PriceBeds/BathsSqftDateDOM
8865 SW 176th Terrace, Palmetto Bay, FL 33157
Palmetto Bay, 33157
$1,345,000$1,345,000+0.0%4bd/3ba2,3792026-09-217d
8200 SW 182nd Street, Palmetto Bay, FL 33157
Palmetto Bay, 33157
$1,200,000$1,395,000-14.0%4bd/3ba3,0722026-09-2164d
14270 SW 74th Court, Palmetto Bay, FL 33158
Palmetto Bay, 33158
$1,575,000$1,595,000-1.3%4bd/2ba2,3242026-09-1818d
16070 SW 89th Ave Road, Palmetto Bay, FL 33157
Palmetto Bay, 33157
$980,000$999,000-1.9%4bd/3ba2,1482026-09-15113d
9161 SW 181st Terrace, Palmetto Bay, FL 33157
Palmetto Bay, 33157
$835,000$839,900-0.6%4bd/2ba1,6442026-09-1567d

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