Search for a property
Miami Real Estate
Login
Sign in to your account to access all features
Create an account
Welcome Aboard!
The Bird Lakes market
Market report · Neighbourhood · Jun 2026
The Bird Lakes market, in numbers
Part of Miami — see the Miami report
Homes in Bird Lakes typically sell in about 57 days, prices are down 4.3% on a year ago. With 17.0 months of inventory, it’s a buyer’s market.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$650k
↑ +4.8% MoM↓ −4.3% YoY
3 sales closed in Jun 2026
Median rent
$3,275/mo
↑ +2.3% MoM↓ −19.9% YoY
2 leases closed in Jul 2026
Low sampleTime to sell
57 days
typical days on market
Days from listing to going under contract.
Months of inventory
17.0 mo
buyer’s market
Low sampleActive listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
Sells 41 days faster than Miamidays on market
Your questions, answered
Straight answers from Bird Lakes’s closed transactions.
What does a home here cost?
The median sale closed at $650k in Jun 2026, down 4.3% on a year ago. Typical sales ranged $628k–$671k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $4,316/mo including taxes — comfortable at a household income around $173k a year, using the 30% rule. Renting instead costs $3,275/mo.
Is now a good time to buy?
17.0 months of inventory points to a buyer’s market. Prices have eased over the past year, which favors patient buyers.
How fast do homes sell?
About 57 days from listing to contract in Jun 2026. The pace picks up toward August and slows around January.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in August and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.
Buying vs renting
Price-to-rent ratio is 16.5 — buying typically starts to beat renting after roughly 5–7 years here.
To buy — median sale price
Sale price, $
$650k↑ +4.8% MoM↓ −4.3% YoY
Jun 2026 — median $650k · 3 sales · 57 days on market
$400k
$500k
$600k
$700k
$800k
$900k
Aug ’25
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
To rent — median monthly rent
Monthly rent, $
$3,275/mo↑ +2.3% MoM↓ −19.9% YoY
Jul 2026 — median $3,275/mo · 2 leases · 99 days on market · low sample
$1,000
$2,000
$3,000
$4,000
Aug ’25
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.
What each size costs
Medians over the last 12 months.
Beds
To buy
To rent
Volume
1 bed
—
$1,636/mo
5 closed Low sample
3 beds
$622k
$3,531/mo
38 closed
What sells here
Sales mix and median price by property type, last 12 months.
House
$664k
86% of sales · 24 closed
Townhouse
$478k
14% of sales · 4 closed
Market depth
Supply and demand
Listings per month
Jul 2026 — 0 closed · 7 new · 34 active
0
20
40
60
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in August
0
1
2
3
4
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Jul 2026 — 38% of active listings cut · median cut 2.0%
0%
25%
50%
75%
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
$0.04 per sqft · May 2026
$0.02
$0.03
$0.03
$0.04
$0.04
Aug ’24
Nov ’24
Feb ’25
May ’25
Aug ’25
Nov ’25
Feb ’26
May ’26
Median monthly HOA fee per square foot among closed sales.
How neighbourhoods compare across Miami
Median sale price, last 12 months. Tap a row to open its report.
Based on 92 closed transactions over the period shown · Updated Aug 9, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.