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Palmetto Bay, FL real estate

Compare top Palmetto Bay real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Palmetto Bay real estate Market Report.

Information and statistics on the latest trends in the Palmetto Bay real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$1.2M
+3.5% from Q2 '26
Median list price
$1.3M
+4.8% from Q2 '26
Active listings
209
-14% from Q2 '26
Homes sold
83
-19% from Q2 '26
New pendings
86
-17% from Q2 '26
New listings
89
-10% from Q2 '26

Quarterly Pricing Trends for Palmetto Bay

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Palmetto Bay Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $795K Median sale price in Jan 2022 - Mar 2022: $850K Median sale price in Apr 2022 - Jun 2022: $984K Median sale price in Jul 2022 - Sep 2022: $945K Median sale price in Oct 2022 - Dec 2022: $910K Median sale price in Jan 2023 - Mar 2023: $945K Median sale price in Apr 2023 - Jun 2023: $1M Median sale price in Jul 2023 - Sep 2023: $1.1M Median sale price in Oct 2023 - Dec 2023: $1M Median sale price in Jan 2024 - Mar 2024: $1.1M Median sale price in Apr 2024 - Jun 2024: $1.1M Median sale price in Jul 2024 - Sep 2024: $1.1M Median sale price in Oct 2024 - Dec 2024: $1.2M Median sale price in Jan 2025 - Mar 2025: $1.1M Median sale price in Apr 2025 - Jun 2025: $1.2M Median sale price in Jul 2025 - Sep 2025: $1.1M Median sale price in Oct 2025 - Dec 2025: $1.1M Median sale price in Jan 2026 - Mar 2026: $1.1M Median sale price in Apr 2026 - Jun 2026: $1.2M Median sale price in Jul 2026 - Sep 2026: $1.2M Median list price in Oct 2021 - Dec 2021: $872K Median list price in Jan 2022 - Mar 2022: $894K Median list price in Apr 2022 - Jun 2022: $1.1M Median list price in Jul 2022 - Sep 2022: $899K Median list price in Oct 2022 - Dec 2022: $1.1M Median list price in Jan 2023 - Mar 2023: $1.1M Median list price in Apr 2023 - Jun 2023: $1.2M Median list price in Jul 2023 - Sep 2023: $1.1M Median list price in Oct 2023 - Dec 2023: $1.2M Median list price in Jan 2024 - Mar 2024: $1.2M Median list price in Apr 2024 - Jun 2024: $1.3M Median list price in Jul 2024 - Sep 2024: $1.2M Median list price in Oct 2024 - Dec 2024: $1.1M Median list price in Jan 2025 - Mar 2025: $1.2M Median list price in Apr 2025 - Jun 2025: $1.2M Median list price in Jul 2025 - Sep 2025: $1.3M Median list price in Oct 2025 - Dec 2025: $1.2M Median list price in Jan 2026 - Mar 2026: $1.3M Median list price in Apr 2026 - Jun 2026: $1.3M Median list price in Jul 2026 - Sep 2026: $1.3M Oct 2021 - Dec 2021 Median sale price $795K Median list price $872K Jan 2022 - Mar 2022 Median sale price $850K Median list price $894K Apr 2022 - Jun 2022 Median sale price $984K Median list price $1.1M Jul 2022 - Sep 2022 Median sale price $945K Median list price $899K Oct 2022 - Dec 2022 Median sale price $910K Median list price $1.1M Jan 2023 - Mar 2023 Median sale price $945K Median list price $1.1M Apr 2023 - Jun 2023 Median sale price $1M Median list price $1.2M Jul 2023 - Sep 2023 Median sale price $1.1M Median list price $1.1M Oct 2023 - Dec 2023 Median sale price $1M Median list price $1.2M Jan 2024 - Mar 2024 Median sale price $1.1M Median list price $1.2M Apr 2024 - Jun 2024 Median sale price $1.1M Median list price $1.3M Jul 2024 - Sep 2024 Median sale price $1.1M Median list price $1.2M Oct 2024 - Dec 2024 Median sale price $1.2M Median list price $1.1M Jan 2025 - Mar 2025 Median sale price $1.1M Median list price $1.2M Apr 2025 - Jun 2025 Median sale price $1.2M Median list price $1.2M Jul 2025 - Sep 2025 Median sale price $1.1M Median list price $1.3M Oct 2025 - Dec 2025 Median sale price $1.1M Median list price $1.2M Jan 2026 - Mar 2026 Median sale price $1.1M Median list price $1.3M Apr 2026 - Jun 2026 Median sale price $1.2M Median list price $1.3M Jul 2026 - Sep 2026 Median sale price $1.2M Median list price $1.3M
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
24
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Palmetto Bay currently leans toward sellers, with the market gauge indicating a seller's market and about 3.8 months of supply in this rolling three-month view through September 2026. Homes are taking a median of 82 days to sell, which is slightly quicker than a year ago and helps explain why conditions tilt toward sellers even as buyers still have some negotiating room.

Home values have pushed higher over the past year, with the typical home value up nearly 13 percent and the median list price rising about 6 percent year over year. At the same time, active listings have fallen by roughly 22 percent compared with a year earlier, while homes sold are up about 19 percent, showing that demand has strengthened even as supply has tightened.

Pricing dynamics show a market where buyers are cautious but serious. Only about 6 percent of recent sales closed above list price and the average sale-to-list ratio sits around 94.6 percent, suggesting many sellers are accepting modest discounts to get deals done. Agent Pronto can connect both buyers seeking value in this environment and sellers aiming to capitalize on strong demand with a local agent who understands these trends.



Learn more about what Palmetto Bay has to offer.

Palmetto Bay offers residents a welcoming, family-friendly community with lush parks, safe, walkable streets, strong schools, and convenient access to shopping, dining, and outdoor recreation.

Palmetto Bay is a suburban village in southern Miami‑Dade County that blends residential streets, strong schools, and easy access to urban amenities. Located just south of Miami, it offers a practical balance for commuters who want space without losing connection to employment and culture.

Daily life centers on outdoor recreation and family activities. Residents enjoy bayfront green space at Palmetto Bay Parks, including the popular Coral Reef Park with walking paths, sports fields, and community events. Nearby Deering Estate provides waterfront views, kayaking, and historic architecture, while Black Point Park & Marina offers boating access to Biscayne Bay.

The village has a reputation for quality public education, with schools such as Coral Reef Elementary School and Palmetto Senior High School drawing many families. Retail and dining along South Dixie Highway and surrounding neighborhoods give residents everyday conveniences without needing to drive into downtown Miami.

Although Palmetto Bay feels relaxed, it connects efficiently to Coral Gables and Kendall, as well as cultural attractions in Coconut Grove. For buyers, choosing between established neighborhoods and newer developments can be complex. For sellers, pricing correctly in a shifting market is equally challenging. Partnering with a local real estate agent who understands Palmetto Bay’s schools, traffic patterns, and micro‑markets can significantly reduce stress. Agent Pronto helps both buyers and sellers connect with the right expert to navigate every step.

Find your Palmetto Bay real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Alex is a top professional. He gets the job done in a speedy manner. I can always get results and information when I need it. I will for sure count on his service in the future. I am very happy with the purchase of my new property. He made the process carefree. I highly recommend him.”

Marlene Castellanos ·

Photo of Alex Sanchoyerto
eXp Realty OnePath Realty
“Zack from the first time we met in 2024 worked in my best interest and help our family get what we needed and as our family grew we called him again to help us find a house that better fit our needs he and Arnold worked to find exactly what we were looking for they listen and found it . In the first week grateful for them and will let anyone I know to give him a call , If you are looking for a home or rental him and his team are who you need to go with they did a outstanding job”

Joseph Cuba · Port Saint Lucie, FL

Photo of The Greenberg Group
Coastal Real Estate Professionals LLC
“I couldn’t have asked for a better real estate agent throughout the process of purchasing our property in Aventura. From day one, Arsh was incredibly professional, kind, patient, and understanding. He truly listened to our needs, was always available, even on weekends, and never hesitated to arrange as many property visits as we needed. What impressed me the most was his dedication to protecting our interests. He was always one step ahead, finding solutions, handling challenges, and negotiating tirelessly on our behalf. He is not only an excellent real estate agent but also an outstanding negotiator who genuinely cares about his clients. He made the entire experience so much easier and more enjoyable. I felt supported, heard, and confident every step of the way. I would absolutely choose Arsh again without hesitation. 100% recommended Truly an exceptional professional and a wonderful person to work with!”

Macarena Laveglia ·

Photo of Milton Andrade
Compass
“Selling a home is not just a business transaction, it is an emotional and oftentimes stressful experience that requires an expert to not only logistically manage the process but guide the seller through critical decisions. Jose is such a person. He not only made the sale process smooth and easy for me, he worked hard to market the property and find the right buyer. The house sold much faster than I anticipated and he helped me secure my new home as well. I recommend Jose without reservations as not only a knowledgeable broker with excellent skills and advice, but as a person of integrity who has your best interests at heart and who accompanies you as the seller through every step of the process. His approach ensures a that your home is positioned well within the market, and that your experience is as smooth as possible. Highly recommend!”

lrodriguez1007 ·

Photo of Jose Munoz
Luxe Properties
“I had a great experience working with Andrea! She helped me find a tenant for my apartment and was always positive, professional, and available to show the unit. She made the process much easier, and I truly appreciate all her help. Thank you, Andrea again”

Antonella zabalza ·

Photo of Cesar Villarreal
Keller Williams Capital Realty
“Tiona worked with us as first-time home buyers. She was extremely informative, responsive, and patient as we went through a stressful process in a crazy market! She had plenty of resources for us at every step of the way. She will be honest on things she is not 100% sure of, and will refer you to an expert to make a solid decision. She was available to us at absolutely any time of day and worked with our chaotic night shift hours. She is such a sweet person to work with and I am so thankful she helped us find our first home.”

Meggan Lake ·

Photo of 1st Class Real Estate
1st Class Real Estate Premier Group
“Mauricio, expertise with helping me sell my home was very fast and quick. No red tape, no problems, no long wait, my experience with Mauricio was smooth, wonderful, great. Thank you so smooth for all that you do for people trying to sell their home.”

Regina Williams ·

Photo of Mauricio J Stein
Dalton Wade Real Estate Group Dalton Wade
“Alejandro did an excellent job selling my home. He made the entire process easy and stress-free, kept me informed every step of the way, and handled everything professionally and efficiently. The sale went very smoothly and much faster than I expected. I truly appreciate all his help and would highly recommend him to anyone looking to sell their home.”

pavonmiguel37 ·

Photo of The Cabrera Group
RE/MAX Remax Advance Realty
“Aleksandra helped us sell our home, and we would work with her again without hesitation. She was responsive from start to finish and explained each step clearly, so we always knew what was happening and what came next. Selling a home has a lot of moving parts, and she kept all of them on track. If you need an agent who communicates well and looks out for your interests, we recommend Aleksandra.”

danfgw ·

Photo of Aleksandra's Team
The World Realty
“Excelente atención y muy atento”

Disnery Leal · Opa-locka, FL

“Absolute king. We're 37, a daughter, a dog, moving from NYC to Miami. This is our first home. Gus was there every step of the way. He was super helpful when we were in town with setting up tours and offering advice, and even more so from a distance with all the many unfamiliar steps that go into closing on a house. We never once felt like we were out of our element or out of the know on anything. And he continues to be there for us while we await the big move. Really couldn't be more happy or more grateful for all his hard work. Legend.”

Curtis Stanford ·

Photo of Gus Moreira
eXp Realty One Path Realty
“My husband and I chose Gabriel as our realtor to recently purchase our first home and we had a phenomenal experience. Gabriel answered every question, was very professional, and made the whole process feel seamless. He and his team are great and we would choose him all over again for our future property purchases. It’s great to have a realtor that genuinely advocates for his customers and makes the whole process enjoyable. Thank you Gabriel!”

marilenvaldes ·

Photo of Gabriel Moyers
eXp Realty LLC
“Working with Evan was a fantastic experience. We're moving from out of state, and he handled everything remotely, so we didn't even feel the need to tour the apt ourselves. He found the perfect place for my girlfriend and me. He was always responsive, went the extra mile, and was an absolute pleasure to work with. Highly recommend!”

Benjamin Kanter ·

Photo of Evan Kessler
Compass
“Amazing experience, Serge was extremely helpful and patient. He acted with a lot of grace throughout the process . He was very responsive , he helped us find a place to leave after the closing. He’s very kind, respectful . If I have to buy a house Serge will be my number 1 option.”

thorens1709 ·

Photo of Serge Saintil
Lifestyle International Realty
“Lucas was exceptional throughout the entire home-buying process. He provided us with the best advice at every step, was always responsive and attentive, and made the entire experience feel smooth and stress-free. His professionalism, knowledge, and genuine dedication gave us confidence from beginning to end. We couldn’t have asked for a better realtor and highly recommend him to anyone looking to buy or sell a home!”

Maria Ferrigno ·

Photo of Lucas Pelaez with ONEPATH Realty
eXp Realty ONEPATH Realty
“Andre is the real deal. He listed my Boynton Beach townhome and had offers the same day it hit the market. Not the same week, the same day. That happened more than once, which tells you everything about how he prices and markets a property. We ended up with a full price conventional buyer that appraised right at value and passed inspection clean. Andre negotiated sharply on my behalf at every turn and never let a detail sit unattended. He was reachable constantly, always had a real answer, and kept the whole transaction moving forward. If you want an agent who generates immediate demand and then actually works the deal through to the finish line, this is who you call.”

info207013 ·

“5 stars I cannot say enough wonderful things about Jorge and the incredible service he provided as our realtor! From the very beginning all the way through closing, Jorge made the entire process feel smooth, organized, and much less stressful than I ever expected. He was always professional, patient, knowledgeable, responsive, and willing to answer every question I had. He truly took the time to make sure I understood each step of the process and always made me feel that my family’s best interests were his priority. Our closing experience was absolutely amazing, and I am so grateful to Jorge for everything he did behind the scenes to make sure everything came together successfully. This was a very important and emotional purchase for me and my family, and having someone trustworthy and dependable by our side made such a difference. Jorge is not only an excellent realtor, but also someone who genuinely cares about his clients. His dedication, communication, professionalism, and attention to detail exceeded my expectations. Thank you, Jorge, for helping my family reach such an important milestone and for making this experience so special. I would recommend him without hesitation to anyone looking to buy or sell a home. If you want a realtor who will truly work for you, guide you, and be there from beginning to end, Jorge is the one. ! Highly recommended!”

eamaro1479 ·

Photo of Jorge Castaneda
Florida Realty of Miami
“Me gustaría recomendarte a la agente Rosy en tu camino a la casa de tu sueños ,ella fue mi realtor en mi compra y hizo que fuera un proceso muy fácil y confiable, pude encontrar exactamente lo q soñé gracias a su profesionalismo,se las recomiendo”

zuser20171206181245369 ·

Photo of Angie Homes Realty
Angie homes realty
“Rosie is the definition of professionalism and dedication. She is smart, professional, and very dedicated to her clients success! Highly recommend her! She helped my elderly mom sell her home in a very stress free way, held open houses, great marketing, and made the process smooth.”

Kenia Meeks ·

Photo of Rosie Zachritz
LPT Realty
“All I can say about Dominic is he is amazing. He got right to business with my condo and he sold it so fast very polite communicated constantly with us. We will definitely use him again in the future !!”

Patti ·

Photo of Dominick Martinez
Pronto Realty,LLC.

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Palmetto Bay. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.