Palmetto Bay, FL housing market
place · palmetto-bay-flAs of May 2026, the median sale price in Palmetto Bay, FL was $1.11M, down 6.5% year-over-year (Redfin).
Median sale priceJul 2016 – May 2026 · Redfin
Median sale price
$1.11M▼ -6.5% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Median days on market
89▲ +5.9% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Inventory (active)
131▼ -29.6% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Months of supply
4.7▼ -24.2% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Homes sold
28▼ -6.7% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
New listings
23▼ -52.1% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Avg sale-to-list
+94.0%▼ -0.2% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Sold above list
+4.0%▲ +7.1% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
Price drops
+23.0%▼ -13.1% y/y
Redfinclosed-salethru May 2026vint 2026-07-07
More: metro overview · browse all geographies
Sources for Palmetto Bay, FL: Redfin. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.