Palmetto Bay Real Estate Market
Palmetto Bay has 77 single-family houses and 17 condominiums and townhouses for sale on BeachesMLS right now. Houses and condominiums are reported separately, because blending them hides how each is behaving.
Palmetto Bay market snapshot — August 2026
The data comes from BeachesMLS through PBP’s direct Cotality Trestle connection. Single-family houses are reported separately from condominiums and townhouses. Every figure shows the number of properties behind it.
Single-family houses
| Active listings | 77 |
|---|---|
| Median list price | $1,499,000 |
| Median list price per sq ft | $541 |
| Under contract | 43 |
| Months of inventory | 5.1 |
| Closed sales, August 2026 | 15 (22 in August 2025) |
| Median sale price, August 2026 | $1,595,000 (15 sales) |
| Median days on market | 19 |
| Median percent of list price received | 97% |
| Closed sales, Jan 1 - Aug 31, 2026 | 185 (157 a year earlier) |
| Median sale price year to date | $1,200,000 (185 sales) |
Condominiums and townhouses
| Active listings | 17 |
|---|---|
| Median list price | $281,999 |
| Median list price per sq ft | $303 |
| Under contract | 3 |
| Closed sales, August 2026 | 1 (2 in August 2025) |
| Closed sales, Jan 1 - Aug 31, 2026 | 18 (14 a year earlier) |
| Median sale price year to date | $275,000 (18 sales) |
Palmetto Bay recorded 1 closed sales of this type in August 2026. We publish the count, but not a monthly median that could mislead.
Based on information from BeachesMLS for August 2026 and for January 1, 2026 through August 31, 2026, retrieved September 4, 2026. Information deemed reliable but not guaranteed. Listings permitted for internet display. Listings permitted for internet display.
Buying or selling in Palmetto Bay
PBP Real Estate is a Florida licensed brokerage (CQ1064615) with agents based in Miami-Dade as well as Palm Beach and Broward, under Gia Freer, Broker of Record. Tell us what you are weighing and a licensed PBP agent will respond directly. Your information stays with PBP.
Seller guides for Palmetto Bay
Palmetto Bay real estate: questions and answers
How many homes are for sale in Palmetto Bay right now?
The direct BeachesMLS feed shows 77 single-family houses and 17 condominiums and townhouses active in Palmetto Bay, counted separately. The figures on this page cover listings permitted for internet display and state their retrieval date.
Is the Palmetto Bay market moving faster for houses or for condominiums?
In August 2026, closed single-family sales in Palmetto Bay took a median 19 days on market and closed condominium and townhouse sales took a median n/a days. PBP never blends the two property types, because association fees, reserves and insurance move condominium demand differently from lot, roof and elevation on a house.
Does PBP Real Estate sell property in Palmetto Bay?
Yes. PBP Real Estate is a Florida licensed brokerage with agents based in Miami-Dade, and Palmetto Bay buyers and sellers work directly with a licensed PBP agent under Gia Freer, Broker of Record. Call 561-395-8418 or write to info@pbpre.com.
Tell us what you need in Palmetto Bay
PBP Real Estate is a brokerage, not a law firm or tax adviser. Short-sale and probate information on this site is education and is not legal or tax advice.