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Mandarin Lakes

17 active listings · updated nightly · snapshot 2026-W45

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ALERTS

Price drops — daily

New listings — weekly

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MEDIAN SALE PRICE

$400K

▲ 12.7% YoY

MEDIAN $/SF

$199

▲ 3.6% YoY

ACTIVE INVENTORY

17

for sale

SOLD VS. ORIGINAL ASK

95.3%

NEW98.4% of final list

DAYS TO CONTRACT

73

NEW114 to close

MARKET PULSE

0.47

Balanced

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

$548K$274K$0$470KNovJan '26MarMayJulSep

MARKET PULSE

mandarin-lakes

Buyer'smarket Seller'smarket 01.0 0.47

BALANCED MARKET

Today 0.47 · Homestead 0.19

MARKET SUMMARY · 12 MONTHS

Median sale price$400K
Median $/SF$199
Median days on market144
Total sales (12mo)22
New listings (12mo)48
Sold ÷ original ask NEW95.3%
Sold ÷ final list price NEW98.4%
Sold below original ask NEW73%
Median days to contract NEW73
Median days to close NEW114
How buyers paid NEW9% cash · 91% fin. · 0% n/d
Months of supply—9.3
Sale-to-just-value COUNTY—1.28×
Owner-occupied COUNTY—56.8%

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.

TIME TO SELL · LISTING TO CLOSING

NEW
Listed · day 0Under contract · day 73Closed · day 114

73

days, listing → contract

34

days, contract → closing

114

days, listing → closing

Condos & townhomes · 1281 days to contract · 109 to close · 95.9% of original ask
Single-family · 1073 days to contract · 119 to close · 94.2% of original ask

How long homes took to go under contract

0–30 days23% · 5
31–90 days36% · 8
91–180 days32% · 7
181+ days9% · 2

Medians of 22 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

HOW BUYERS PAID

NEW
Cash 9% · 2 salesFinanced 91% · 20 salesNot disclosed 0% · 0 sales
Condos & townhomes · 128% · 92% · 0%
Single-family · 1010% · 90% · 0%

9%

cash share of disclosed sales

Financing reported on 100% of sales (22 of 22).

Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 22 closed sales of homes, Nov 2025 – Oct 2026.

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 Mandarin Lakes, Homestead, is carrying 17 active listings this week at a median list price of $419,900. Fresh supply arrived over the past month — 3 new listings — against 8 pending sales, putting the market pulse at 0.47, a balanced market. Homes are taking a median of 144 days on market. For context, Homestead runs at a 0.19 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 · MANDARIN LAKES

How much do homes cost in Mandarin Lakes?

The median sale price in Mandarin Lakes is $400K over the trailing 90 days, and the median list price is $419,900.

Is Mandarin Lakes a buyer's or seller's market?

Mandarin Lakes is currently a balanced market. Its market pulse — pending sales divided by active listings — is 0.47; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Mandarin Lakes?

There are 17 active for-sale listings in Mandarin Lakes as of snapshot 2026-W45, updated weekly.

How long do homes take to sell in Mandarin Lakes?

Homes in Mandarin Lakes spend a median of 144 days on market.

What is the price per square foot in Mandarin Lakes?

The median list price per square foot in Mandarin Lakes is $199.

What share of Mandarin Lakes 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 Mandarin Lakes?

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 Mandarin Lakes?

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.

Are home prices in Mandarin Lakes rising or falling?

The median sale price in Mandarin Lakes is $400K, up 12.7% year over year and the median price per square foot is up 3.6%. Figures compare the trailing 90 days to the same period a year earlier.

How much housing inventory does Mandarin Lakes have?

Mandarin Lakes has about 9.3 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.

Every figure above appears elsewhere on this page · snapshot 2026-W45.