In November 2019, there were 14 homes sold, with a median sale price of $264,500 - a 13.3% decrease over the $305,000 median sale price for the same period of the previous year. There were 13 homes sold in Palmetto Estates in November 2018.
The median sales tax in Palmetto Estates for the most recent year with available data, 2015, was $1,817, approximately 0.7% of the median home sale price for November 2019.
The following table compares Palmetto Estates to other Miami-Dade County cities with similar median sales prices in November 2019:
| City | Nov. 2019 Home Sales | Nov. 2018 Home Sales | % change (Total Home Sales) | Nov. 2019 Median Sales Price | Nov. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Opa-Locka (unincorporated) | 15 | 13 | 15.4% | $285,000 | $260,000 | 9.6% |
| Aventura | 78 | 101 | -22.8% | $285,000 | $300,000 | -5% |
| Kendall | 91 | 115 | -20.9% | $280,000 | $285,000 | -1.8% |
| Richmond Heights | 7 | 15 | -53.3% | $275,000 | $220,000 | 25% |
| Cutler Bay | 48 | 67 | -28.4% | $275,000 | $262,000 | 5% |
| Palmetto Estates | 14 | 13 | 7.7% | $264,500 | $305,000 | -13.3% |
| Doral | 14 | 87 | -83.9% | $252,500 | $255,300 | -1.1% |
| Florida City (unincorporated) | 1 | 2 | -50% | $250,000 | $448,750 | -44.3% |
| Miami (unincorporated) | 467 | 702 | -33.5% | $248,000 | $235,050 | 5.5% |
| West Perrine | 13 | 14 | -7.1% | $242,000 | $175,250 | 38.1% |
| Hialeah | 109 | 124 | -12.1% | $230,100 | $223,750 | 2.8% |
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