Is Tamiami - Lindgren Acres, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tamiami - Lindgren Acres is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Tamiami - Lindgren Acres was a Seller's Market.

Key Takeaway

Tamiami - Lindgren Acres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tamiami - Lindgren Acres, FL

How much do homes in Tamiami - Lindgren Acres, FL cost?

Median Sold Price

$550,000

$327/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+3.8%)

Key Takeaway

Homes in Tamiami - Lindgren Acres have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Tamiami - Lindgren Acres was $550,000 in October 2024, up 3.8% from last year, and the median price per square foot was $327.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $245K$279K
+13.9%
2 $384K$414K
+7.8%
3 $495K$515K
+4.0%
4 $652.5K$672.5K
+3.1%
5+ $815K$884.5K
+8.5%

Summary: Tamiami - Lindgren Acres housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 8.5%.

Housing Supply in Tamiami - Lindgren Acres, FL

How many homes are available in Tamiami - Lindgren Acres, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8081+1.3%

Summary: The Tamiami - Lindgren Acres real estate market had 81 homes for sale in October 2024, a 1.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 4446
+4.5%
4 2928
-3.4%
5+ 43
-25.0%

Summary: The Tamiami - Lindgren Acres housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tamiami - Lindgren Acres, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Tamiami - Lindgren Acres in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.

Days on Market for Tamiami - Lindgren Acres, FL

How long does it take to sell a home in Tamiami - Lindgren Acres, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days58 Days+264.1%

Summary: Homes in Tamiami - Lindgren Acres had an average of 58 days on market in Oct 2024, up by 264.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Tamiami - Lindgren Acres are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Tamiami - Lindgren Acres; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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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