Is Tamiami - Lindgren Acres, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tamiami - Lindgren Acres has remained a Seller's Market.
Key Takeaway
Tamiami - Lindgren Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tamiami - Lindgren Acres, FL
How much do homes in Tamiami - Lindgren Acres, FL cost?
Median Sold Price
$539,250
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tamiami - Lindgren Acres have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Tamiami - Lindgren Acres was $539,250 in April 2024, up 9.4% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $275K | +12.2% |
| 2 Bedrooms | $342.5K | $392K | +14.5% |
| 3 Bedrooms | $459.5K | $513.5K | +11.8% |
| 4 Bedrooms | $610K | $690K | +13.1% |
| 5+ Bedrooms | $791K | $810K | +2.4% |
Summary: Tamiami - Lindgren Acres housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Tamiami - Lindgren Acres | $493K | $539.2K | +9.4% |
| Venezia Lakes | $682.2K | $655K | -4.0% |
Housing Supply in Tamiami - Lindgren Acres, FL
How many homes are available in Tamiami - Lindgren Acres, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 65 | 76 | +16.9% |
Summary: The Tamiami - Lindgren Acres real estate market had 76 homes for sale in April 2024, a 16.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 7 | +75.0% |
| 3 Bedrooms | 35 | 37 | +5.7% |
| 4 Bedrooms | 20 | 26 | +30.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Tamiami - Lindgren Acres housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tamiami - Lindgren Acres, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Tamiami - Lindgren Acres in April 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for Tamiami - Lindgren Acres, FL
How long does it take to sell a home in Tamiami - Lindgren Acres, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 40 Days | -19.7% |
Summary: Homes in Tamiami - Lindgren Acres had an average of 40 days on market in Apr 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tamiami - Lindgren Acres are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Tamiami - Lindgren Acres; 71% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 21% 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.