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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall North is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Kendall North was a Seller's Market.

Key Takeaway

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

Housing Prices in Kendall North, FL

How much do homes in Kendall North, FL cost?

Median Sold Price

$396,100

$303/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,100(+7.3%)

Key Takeaway

Homes in Kendall North have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Kendall North was $396,100 in April 2024, up 7.3% from last year, and the median price per square foot was $303.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $203K$230K
+13.3%
2 $300K$309K
+3.0%
3 $410K$467.5K
+14.0%
4 $587.5K$620K
+5.5%
5+ $612.5K$680K
+11.0%

Summary: Kendall North housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Neighborhoods

Horizons
+21.3%
Kendall North
+7.3%

Housing Supply in Kendall North, FL

How many homes are available in Kendall North, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
89890.0%

Summary: The Kendall North real estate market had 89 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1210
-16.7%
2 3640
+11.1%
3 3733
-10.8%
4 46
+50.0%
5+ 00
0.0%

Summary: The Kendall North housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1712-29.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall North, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Kendall North in April 2024, down by 29.4% month-over-month. Of the 12 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for Kendall North, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days31 Days-35.5%

Summary: Homes in Kendall North had an average of 31 days on market in Apr 2024, down by 35.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 12 homes were sold in Kendall North; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% 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 6 Days Ago

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