Is Kendale Lakes-Tamiami, FL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Kendale Lakes-Tamiami is a seller's market


Difference Since November 2022

Since last year, Kendale Lakes-Tamiami has remained a Seller's Market.

Key Takeaway

Kendale Lakes-Tamiami is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kendale Lakes-Tamiami, FL

How much do homes in Kendale Lakes-Tamiami, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Kendale Lakes-Tamiami have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Kendale Lakes-Tamiami was $518,286 in November 2023, up 12.8% from last year, and the median price per square foot was $311.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $181K$220K
2 $265K$305.3K
3 $445.1K$495K
4 $600K$653K
5+ $755K$800K

Summary: Kendale Lakes-Tamiami housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 21.5%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Cities

Kendale Lakes-Tamiami
South Westside
Kendall-Palmetto Bay
North Westside

Housing Supply in Kendale Lakes-Tamiami, FL

How many homes are available in Kendale Lakes-Tamiami, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Kendale Lakes-Tamiami real estate market had 874 homes for sale in November 2023, a 0.3% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 2222
2 183185
3 322316
4 235230
5+ 109121

Summary: The Kendale Lakes-Tamiami housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 11%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

88 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendale Lakes-Tamiami, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 149 homes were sold or pending in Kendale Lakes-Tamiami in November 2023, down by 24.7% month-over-month. Of the 149 sold homes, 59% were sold under asking, 21% were sold at asking, and 19% 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 2022Nov 2023CHANGE
33 Days28 Days-14.6%

Summary: Homes in Kendale Lakes-Tamiami had an average of 28 days on market in Nov 2023, down by 14.6% compared to last year.

Breakdown of Home Sale Times

105 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 149 homes were sold in Kendale Lakes-Tamiami; 70% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% 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 7 Days Ago

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