Is Kendall, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Kendall was a Seller's Market.
Key Takeaway
Kendall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kendall, FL
How much do homes in Kendall, FL cost?
Median Sold Price
$873,875
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Kendall have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in Kendall was $873,875 in April 2024, up 17.4% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $272.5K | -6.0% |
| 2 Bedrooms | $410K | $450K | +9.8% |
| 3 Bedrooms | $735K | $830K | +12.9% |
| 4 Bedrooms | $1.1M | $1.0M | -2.3% |
| 5+ Bedrooms | $1.9M | $2.0M | +1.2% |
Summary: Kendall housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 1.2%.
Housing Supply in Kendall, FL
How many homes are available in Kendall, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 118 | 137 | +16.1% |
Summary: The Kendall real estate market had 137 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 14 | +40.0% |
| 2 Bedrooms | 24 | 24 | 0.0% |
| 3 Bedrooms | 30 | 24 | -20.0% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 31 | 49 | +58.1% |
Summary: The Kendall housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 58.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kendall, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Kendall in April 2024, the same as the previous month. Of the 19 sold homes, 63% were sold under asking, 21% were sold at asking, and 16% were sold over asking.
Days on Market for Kendall, FL
How long does it take to sell a home in Kendall, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 60 Days | +8.8% |
Summary: Homes in Kendall had an average of 60 days on market in Apr 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kendall has remained consistent over time.
Summary: During April 2024, 19 homes were sold in Kendall; 32% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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