$8,500,000
7,708 SqFt
7 Beds
•9 Full Baths, 1 Partial
Clara-Susana Escobar, Listing Office: EXP Realty LLC
Is East Kendall, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, East Kendall was a Neutral Market.
Key Takeaway
East Kendall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Kendall, FL
How much do homes in East Kendall, FL cost?
Median Sold Price
$2,247,500
$769/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$175,000(+8.4%)
Key Takeaway
Homes in East Kendall have sold for 8.4% more than they did a year ago.
Summary: The median home sold price in East Kendall was $2,247,500 in November 2024, up 8.4% from last year, and the median price per square foot was $769.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $260K | $286.2K | +10.1% |
| 2 Bedrooms | $651K | $378.2K | -41.9% |
| 3 Bedrooms | $1.3M | $1.4M | +11.0% |
| 4 Bedrooms | $2.0M | $1.8M | -7.5% |
| 5+ Bedrooms | $3.5M | $4.4M | +28.0% |
Summary: East Kendall housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 41.9%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 28%.
Median Sold Price Compared To Nearby Neighborhoods
| West Cutler Area | $2.5M | $3.9M | +57.2% |
| East Kendall | $2.0M | $2.2M | +8.4% |
Housing Supply in East Kendall, FL
How many homes are available in East Kendall, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 179 | 192 | +7.3% |
Summary: The East Kendall real estate market had 192 homes for sale in November 2024, a 7.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 32 | 38 | +18.8% |
| 5+ Bedrooms | 104 | 111 | +6.7% |
Summary: The East Kendall housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Kendall, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in East Kendall in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for East Kendall, FL
How long does it take to sell a home in East Kendall, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 98 Days | +258.5% |
Summary: Homes in East Kendall had an average of 98 days on market in Nov 2024, up by 258.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Kendall are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 10 homes were sold in East Kendall; 0% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 70% of homes were sold over 90 days.
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