$4,750 Closing Credit*
$400,000
1,340 SqFt
3 Beds
•2 Full Baths
Janet Medina PA, Listing Office: The Janet Group 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 November 2023
At the same time last year, Kendale Lakes-Tamiami was a Seller's Market.
Key Takeaway
Kendale Lakes-Tamiami is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kendale Lakes-Tamiami, FL
How much do homes in Kendale Lakes-Tamiami, FL cost?
Median Sold Price
$567,345
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,750(+9.2%)
Key Takeaway
Homes in Kendale Lakes-Tamiami have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Kendale Lakes-Tamiami was $567,345 in November 2024, up 9.2% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222K | $235.5K | +6.1% |
| 2 Bedrooms | $305.1K | $325K | +6.5% |
| 3 Bedrooms | $495K | $540K | +9.1% |
| 4 Bedrooms | $651.5K | $722.6K | +10.9% |
| 5+ Bedrooms | $800K | $893.5K | +11.7% |
Summary: Kendale Lakes-Tamiami housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
| South Westside | $632.5K | $695K | +9.9% |
| Kendale Lakes-Tamiami | $519.5K | $567.3K | +9.2% |
| North Westside | $449.9K | $484.8K | +7.8% |
| Kendall-Palmetto Bay | $748.4K | $772.2K | +3.2% |
Housing Supply in Kendale Lakes-Tamiami, FL
How many homes are available in Kendale Lakes-Tamiami, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,141 | 1,203 | +5.4% |
Summary: The Kendale Lakes-Tamiami real estate market had 1,203 homes for sale in November 2024, a 5.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 34 | 38 | +11.8% |
| 2 Bedrooms | 256 | 257 | 0.4% |
| 3 Bedrooms | 441 | 453 | +2.7% |
| 4 Bedrooms | 298 | 329 | +10.4% |
| 5+ Bedrooms | 112 | 126 | +12.5% |
Summary: The Kendale Lakes-Tamiami housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 144 | -33.0% |
Asking Price vs. Sold Price
95 Homes Were Sold
Under Asking
32 Homes Were Sold
At Asking
17 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. 66% of homes here sold below asking price last month.
Summary: A total of 144 homes were sold or pending in Kendale Lakes-Tamiami in November 2024, down by 33.0% month-over-month. Of the 144 sold homes, 66% were sold under asking, 22% were sold at asking, and 12% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 48 Days | +59.8% |
Summary: Homes in Kendale Lakes-Tamiami had an average of 48 days on market in Nov 2024, up by 59.8% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
58 Homes Were Sold
In 30 - 90 Days
22 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 November 2024, 144 homes were sold in Kendale Lakes-Tamiami; 44% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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