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Enchanted Lake

13 active listings · updated nightly · snapshot 2026-W39

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$1.88M

trailing 90d

MEDIAN $/SF

$812

per sqft

ACTIVE INVENTORY

13

for sale

DAYS ON MARKET

63

▼ 3 days YoY

MONTHS OF SUPPLY

 

MARKET PULSE

0.23

Buyer's market

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$2.68M$1.34M$0$0SepNovJan '26MarMayJul

MARKET PULSE

enchanted-lake

Buyer'smarket Seller'smarket 01.0 0.23

BUYER'S ADVANTAGE

Today 0.23 · Miami 0.15

MARKET SUMMARY · 12 MONTHS

Median sale price$1.88M
Median $/SF$812
Median days on market63
Total sales (12mo)1
New listings (12mo)2
Sold ÷ list price94.2%
Sold below list100%
Sale-to-just-value COUNTY1.28×
Owner-occupied COUNTY56.8%

TIER HEALTH

Price-tier breakdown is published only for markets with 30+ active for-sale listings, so each tier's median clears the min-sample threshold (§2.2b · §7.4). This market reports at the summary level above.

WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDS

56.8%

Owner-occupied (homestead) COUNTY

1.28×

Sale-to-just-value ratio COUNTY

37.8%

Homes sold, 10-yr COUNTY

+0.9%

Appreciation YTD · $/SF COUNTY CLOSED SALES

Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.

MARKET NARRATIVE

The for-sale market in Enchanted Lake, Miami, is carrying 13 active listings this week at a median list price of $2,300,000. Fresh supply arrived over the past month — 2 new listings — against 3 pending sales, putting the market pulse at 0.23, a buyer's market. Homes are taking a median of 134 days on market. For context, Miami runs at a 0.15 pulse. If inventory keeps outpacing contracts, buyers gain room to negotiate.

Generated from this week's snapshot · every figure cited appears on this page

FREQUENTLY ASKED · ENCHANTED LAKE

How much do homes cost in Enchanted Lake?

The median sale price in Enchanted Lake is $1.88M over the trailing 90 days, and the median list price is $2,300,000.

Is Enchanted Lake a buyer's or seller's market?

Enchanted Lake is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.23; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Enchanted Lake?

There are 13 active for-sale listings in Enchanted Lake as of snapshot 2026-W39, updated weekly.

How long do homes take to sell in Enchanted Lake?

Homes in Enchanted Lake spend a median of 63 days on market.

What is the price per square foot in Enchanted Lake?

The median list price per square foot in Enchanted Lake is $812.

What share of Enchanted Lake homes are owner-occupied?

About 56.8% of homes in surrounding Miami-Dade County are owner-occupied (homestead), per public property records — the county-level figure is shown because homestead data isn't published at the neighborhood level.

How often do homes sell in Enchanted Lake?

About 37.8% of homes in surrounding Miami-Dade County have changed hands over the past decade — roughly 3.8% per year — based on qualified arm's-length sales in public deed records. The county figure is shown because deed-level turnover isn't computed at the neighborhood level.

How long do homeowners typically own in Enchanted Lake?

Homeownership in Miami-Dade County skews long-term: only about 38% of homes had a qualified sale in the past decade, so roughly 62% of owners have held 10+ years, per public deed records.

Every figure above appears elsewhere on this page · snapshot 2026-W39.