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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall Acres is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Kendall Acres has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Kendall Acres, FL

How much do homes in Kendall Acres, FL cost?

Median Sold Price

$248,500

$201/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$26,500(-9.6%)

Key Takeaway

Homes in Kendall Acres have sold for 9.6% less than they did a month ago.

Summary: The median home sold price in Kendall Acres was $248,500 in April 2024, down 9.6% from last month, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $275K$248.5K
-9.6%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Kendall Acres housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kendall Acres, FL

How many homes are available in Kendall Acres, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1924+26.3%

Summary: The Kendall Acres real estate market had 24 homes for sale in April 2024, a 26.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 55
0.0%
2 1417
+21.4%
3 01
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Kendall Acres housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall Acres, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kendall Acres in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kendall Acres, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days66 Days+450.0%

Summary: Homes in Kendall Acres had an average of 66 days on market in Apr 2024, up by 450% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Kendall Acres; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 5 Days Ago

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