$10,000 Closing Credit*
$878,000
2,059 SqFt
3 Beds
•2 Full Baths, 1 Partial
Eduardo Orozco PA, Listing Office: International Rlty Mkt. Corp
Is West Kendall, 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, West Kendall was a Seller's Market.
Key Takeaway
West Kendall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Kendall, FL
How much do homes in West Kendall, FL cost?
Median Sold Price
$475,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+5.6%)
Key Takeaway
Homes in West Kendall have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in West Kendall was $475,000 in October 2024, up 5.6% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | $242.5K | +10.7% |
| 2 Bedrooms | $295K | $303K | +2.7% |
| 3 Bedrooms | $535K | $565K | +5.6% |
| 4 Bedrooms | $765K | $732.8K | -4.2% |
| 5+ Bedrooms | $1.0M | $2.5M | +138.1% |
Summary: West Kendall housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 138.1%.
Housing Supply in West Kendall, FL
How many homes are available in West Kendall, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 79 | +16.2% |
Summary: The West Kendall real estate market had 79 homes for sale in October 2024, a 16.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 13 | -18.8% |
| 2 Bedrooms | 24 | 31 | +29.2% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The West Kendall housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Kendall, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in West Kendall in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for West Kendall, FL
How long does it take to sell a home in West Kendall, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 52 Days | +97.0% |
Summary: Homes in West Kendall had an average of 52 days on market in Oct 2024, up by 97% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Kendall are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in West Kendall; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.