$9,084 Closing Credit*
$765,000
2,582 SqFt
4 Beds
•4 Full Baths
Antonio Rodriguez Ferrer De Sant Jordi, Listing Office: RAFA Realty LLC
Is Kendale Lakes-Tamiami, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Kendale Lakes-Tamiami was a Seller's Market.
Key Takeaway
Kendale Lakes-Tamiami is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Kendale Lakes-Tamiami, FL
How much do homes in Kendale Lakes-Tamiami, FL cost?
Median Sold Price
$559,941
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,560(+8.0%)
Key Takeaway
Homes in Kendale Lakes-Tamiami have sold for 8% more than they did a year ago.
Summary: The median home sold price in Kendale Lakes-Tamiami was $559,941 in October 2024, up 8% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $237.5K | +8.0% |
| 2 Bedrooms | $300.4K | $327.8K | +9.1% |
| 3 Bedrooms | $491.7K | $535.2K | +8.8% |
| 4 Bedrooms | $650K | $721.3K | +11.0% |
| 5+ Bedrooms | $797.5K | $891.7K | +11.8% |
Summary: Kendale Lakes-Tamiami housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
| North Westside | $448K | $490K | +9.4% |
| South Westside | $630K | $684.8K | +8.7% |
| Kendale Lakes-Tamiami | $518.3K | $559.9K | +8.0% |
| Kendall-Palmetto Bay | $744.6K | $779.6K | +4.7% |
Housing Supply in Kendale Lakes-Tamiami, FL
How many homes are available in Kendale Lakes-Tamiami, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,161 | 1,191 | +2.6% |
Summary: The Kendale Lakes-Tamiami real estate market had 1,191 homes for sale in October 2024, a 2.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 35 | 36 | +2.9% |
| 2 Bedrooms | 252 | 265 | +5.2% |
| 3 Bedrooms | 452 | 456 | +0.9% |
| 4 Bedrooms | 314 | 314 | 0.0% |
| 5+ Bedrooms | 108 | 120 | +11.1% |
Summary: The Kendale Lakes-Tamiami housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 213 | 177 | -16.9% |
Asking Price vs. Sold Price
121 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kendale Lakes-Tamiami, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 177 homes were sold or pending in Kendale Lakes-Tamiami in October 2024, down by 16.9% month-over-month. Of the 177 sold homes, 68% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for Kendale Lakes-Tamiami, FL
How long does it take to sell a home in Kendale Lakes-Tamiami, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 43 Days | +45.8% |
Summary: Homes in Kendale Lakes-Tamiami had an average of 43 days on market in Oct 2024, up by 45.8% compared to last year.
Breakdown of Home Sale Times
92 Homes Were Sold
Under 30 Days
61 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kendale Lakes-Tamiami are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 177 homes were sold in Kendale Lakes-Tamiami; 52% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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