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The Kendale Lakes West market
Market report · Neighbourhood · Aug 2026
The Kendale Lakes West market, in numbers
Part of Miami — see the Miami report
Homes in Kendale Lakes West typically sell in about 127.5 days, close around 4.6% under ask, prices are down 31.4% on a year ago. With 20.9 months of inventory, it’s a buyer’s market.
Median sale price
$262k
↓ −18.6% MoM↓ −31.4% YoY
4 sales closed in Aug 2026
Median rent
$2,200/mo
↑ +6.0% MoM↓ −1.1% YoY
18 leases closed in Aug 2026
Time to sell
127.5 days
typical days on market
Days from listing to going under contract.
Negotiation room
4.6% under ask
typical closing vs asking price
How far below the asking price homes typically close.
Months of inventory
20.9 mo
buyer’s market
Active listings divided by the monthly sales pace. Under 4 months favors sellers; over 6 favors buyers.
Gross rental yield
10.1%
yearly rent ÷ sale price
A year of median rent as a share of the median sale price.
−28% vs Miami overallmedian sale price
Sells 29 days slower than Miamidays on market
HOA fees 0.52× the Miami averageper sqft, monthly
Your questions, answered
Straight answers from Kendale Lakes West’s closed transactions.
What does a home here cost?
The median sale closed at $262k in Aug 2026, down 31.4% on a year ago. Typical sales ranged $221k–$293k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $2,111/mo including taxes and HOA — comfortable at a household income around $84k a year, using the 30% rule. Renting instead costs $2,200/mo.
Is now a good time to buy?
20.9 months of inventory points to a buyer’s market, and sellers are accepting about 4.6% under ask. Prices have eased over the past year, which favors patient buyers.
How fast do homes sell?
About 127.5 days from listing to contract in Aug 2026. The pace picks up toward July and slows around April.
How much room is there to negotiate?
Closings typically land 4.6% under asking price, and 39% of active listings have already reduced their price (median cut 3.9%).
When is the best time to list?
Closings peak in July and bottom out around April. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
A year of median rent ($2,200/mo) equals 10.1% of the median sale price, before fees and taxes. HOA fees run 0.52× the Miami average.
Buying vs renting
Price-to-rent ratio is 9.9 — buying typically starts to beat renting after roughly 3–4 years here.
To buy — median sale price
Sale price, $
$262k↓ −18.6% MoM↓ −31.4% YoY
Aug 2026 — median $262k · 4 sales · 127.5 days on market
$0
$200k
$400k
$600k
$800k
Sep ’25
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’26
To rent — median monthly rent
Monthly rent, $
$2,200/mo↑ +6.0% MoM↓ −1.1% YoY
Aug 2026 — median $2,200/mo · 18 leases · 51 days on market
$1,500
$2,000
$2,500
$3,000
Sep ’25
Nov ’25
Jan ’26
Mar ’26
May ’26
Jul ’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
$207k
$1,809/mo
40 closed
2 beds
$265k
$2,136/mo
233 closed
3 beds
$397k
$2,631/mo
77 closed
What sells here
Sales mix and median price by property type, last 12 months.
Condo
$256k
70% of sales · 59 closed
House
$626k
6% of sales · 5 closed
Townhouse
$405k
24% of sales · 20 closed
Market depth
Supply and demand
Listings per month
Aug 2026 — 4 closed · 16 new · 160 active
0
50
100
150
200
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in July
0
2
4
6
8
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
Aug 2026 — 39% of active listings cut · median cut 3.9%
0%
25%
50%
75%
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
$0.41 per sqft · Aug 2026
$0.10
$0.20
$0.30
$0.40
$0.50
Sep ’24
Dec ’24
Mar ’25
Jun ’25
Sep ’25
Dec ’25
Mar ’26
Jun ’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 651 closed transactions over the period shown · Updated Sep 1, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.