Let's dive into what's happening in Kendall single-family homes median estimated value in the 33176 zipcode real estate market snapshot!
Right now, the Kendall real estate scene is bustling! In the 33176 zip code, homes are flying off the shelves with a Months Supply of Inventory at 2.97. That means properties are moving faster than you can say "sold!"
Compared to last year, we're seeing a slight uptick of +0.68% in the time it takes to sell Kendall homes. Maybe it's a sign of more options on the market or just a slightly slower pace – either way, the market's still hot.
On the seller-buyer scale, where 1-4 is a seller's market, 5-6 is balanced, and beyond leans towards buyers, Kendall is still firmly in seller's territory as long as the available homes for sale stay under 5 months supply. So, if you're looking to sell, now's the time to shine!
Here's the exciting part: homes are spending just 21 days on the market! That's lightning-fast, thanks to high demand and not enough homes to go around. And get this: sellers are getting around 94.6% of their asking price, showing that folks are willing to pay up for the right place.
Now, the median sold price? It's $880,000, giving us a peek into what homes are going for in Kendall. These numbers paint a picture of a lively market where buyers need to move quick, and sellers might want to seize the moment and list their homes. So, if you're thinking of buying or selling, now could be the time to jump in!
About the Author: Liz Kenneally is a seasoned real estate agent in Miami with extensive experience in the city's dynamic market. Specializing in coveted neighborhoods such as Coral Gables, Dadeland, Continental Park, East Kendall, Pinecrest, South Miami, and The Falls, Liz ensures smooth transactions for her diverse clientele. Fluent in both English and Spanish, she can be contacted at 786-423-3348 or through the EMAIL AGENT form provided alongside this blog.