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Westwood Lake

33 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

$820K

list-price basis

MEDIAN $/SF

$448

per sqft

ACTIVE INVENTORY

33

for sale

DAYS ON MARKET

73

median

MONTHS OF SUPPLY

 

MARKET PULSE

0.27

Buyer's market

OVERVIEWINVENTORYPRICINGPRICE/SQFTSALES VOLUMEABSORPTIONLUXURY TIERSASSESSED VALUE EQUITY ANALYSISREPORTS

MEDIAN SALE PRICE OVER TIME

Trend accrues from
closed-sale history

MARKET PULSE

westwood-lake

Buyer'smarket Seller'smarket 01.0 0.27

BUYER'S ADVANTAGE

Today 0.27 · Miami 0.15

MARKET SUMMARY · 12 MONTHS

Total sales (12mo)
New listings (12mo)
Sold ÷ list price
Sold below list
Sale-to-just-value COUNTY1.28×
Owner-occupied COUNTY56.8%

TIER HEALTH · NEW VS. ABSORBED

TIERMEDIANNEWABS.BALANCE
Under $1M$809K62BUILDING 3.0:1

Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.

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

Appreciation YTD · $/SF 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 Westwood Lake, Miami, is carrying 33 active listings this week at a median list price of $820,000. Fresh supply arrived over the past month — 6 new listings — against 9 pending sales, putting the market pulse at 0.27, a buyer's market. Homes are taking a median of 73 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 · WESTWOOD LAKE

How much do homes cost in Westwood Lake?

The median list price in Westwood Lake is $820,000 as of snapshot 2026-W39.

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

Westwood Lake is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.27; readings at or above 0.60 favor sellers and below 0.40 favor buyers.

How many homes are for sale in Westwood Lake?

There are 33 active for-sale listings in Westwood Lake as of snapshot 2026-W39, updated weekly.

How long do homes take to sell in Westwood Lake?

Homes in Westwood Lake spend a median of 73 days on market.

What is the price per square foot in Westwood Lake?

The median list price per square foot in Westwood Lake is $448.

What share of Westwood 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 Westwood 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 Westwood 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.