Is Kendall North, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall North is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kendall North was a Seller's Market.

Key Takeaway

Kendall North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kendall North, FL

How much do homes in Kendall North, FL cost?

Median Sold Price

$417,500

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+9.9%)

Key Takeaway

Homes in Kendall North have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in Kendall North was $417,500 in November 2024, up 9.9% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$230K
+4.5%
2 $307.5K$309K
0.5%
3 $422.5K$484.9K
+14.8%
4 $595K$664.5K
+11.7%
5+ $680K-
N/A

Summary: Kendall North housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Kendall North
+9.9%
Horizons
+2.6%

Housing Supply in Kendall North, FL

How many homes are available in Kendall North, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
102115+12.7%

Summary: The Kendall North real estate market had 115 homes for sale in November 2024, a 12.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1313
0.0%
2 4050
+25.0%
3 4042
+5.0%
4 99
0.0%
5+ 01
+100.0%

Summary: The Kendall North 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 25%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1113+18.2%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall North, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Kendall North in November 2024, up by 18.2% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.

Days on Market for Kendall North, FL

How long does it take to sell a home in Kendall North, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days67 Days+232.7%

Summary: Homes in Kendall North had an average of 67 days on market in Nov 2024, up by 232.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kendall North are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Kendall North; 38% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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