How much is my house worth in Lakes by the Bay?

Homes in Lakes by the Bay closed at a median of $509,500 in the last 180 days ($285 per square foot), but your value comes from the individual Lakes by the Bay closings that match your home's size, lot, condition and view. Enter your address on this page and a broker sends you a written range with the sales behind it, free.

What is the price per square foot in Lakes by the Bay?

The median sold price per square foot in Lakes by the Bay over the last 180 days is $285, against $296 for the homes currently listed. Price per square foot falls as homes get larger and rises sharply with water, view and renovation, so use it to compare similar homes, not to price one.

How fast do homes sell in Lakes by the Bay?

Homes that closed in Lakes by the Bay in the last 180 days took 74 days on average to go under contract, and there are about 4.6 months of supply on the market. Correctly priced homes sell faster than the average, because the average includes every listing that needed a price reduction first.

Where can I see what sold recently in Lakes by the Bay?

The newest Lakes by the Bay closings are on this page with the sale price and days on market for each, and the full six months are on the Lakes by the Bay recent sales page linked below. They come straight from BeachesMLS and update daily.

Lakes by the Bay Recently Sold & Values, Cutler Bay

52 homes sold in Lakes by the Bay, Cutler Bay in the six months to October 29, 2026, at a median $509,500 ($285 per square foot) and 98.6% of the asking price, after an average 74 days on the market; 40 are for sale now.

Recent Lakes by the Bay sales show what buyers paid. A strategy review shows what they mean for your home.

Every home, condo and townhome that closed in Lakes by the Bay, Cutler Bay, Florida in the last six months, newest first, with the sale price and days on market straight from BeachesMLS.

Homes that closed in Lakes by the Bay, Cutler Bay in the last six months, newest first, with the sale price, price per square foot and days on market for each. Planned lake streets, townhomes and gated sections in the south. These closings are what a Lakes by the Bay valuation is built on.

Lakes by the Bay Market at a Glance

Updated October 29, 2026 from BeachesMLS: homes and condos in Lakes by the Bay, Cutler Bay.

Active listings	40
Median list price	$507,450
Median list price per sq ft	$296/sq ft
Average days on market	118 days
Sold in the last 180 days	52
Median sold price (180 days)	$509,500
Median sold price per sq ft	$285/sq ft
Average days to sell	74 days
Sale price as % of list price	98.6%
Months of inventory	4.6 months
Median sold price vs. a year ago	+0.9%

Source: BeachesMLS, listings whose subdivision or remarks name Lakes by the Bay. Sold figures cover closings in the last 180 days, compared with the same 180 days one year earlier. Not an appraisal.

47 sales, newest first.

The 47 sales on this page run from $380,000 to $775,000, with a median of $515,000, about $277 per square foot, and they sold in a median of 39 days.

The communities with the most sales here are Lakes by the Bay (23), Lakes by the Bay Gee (5), Lakes by the Bay Cee (4), Lakes by the Bay Day (3) and Lakes by the Bay Faye Rep (3), 38 of the 47; the others are spread across 6 more communities. By type: 34 single-family homes and 13 townhomes and villas. Bedrooms run from 2 to 6, a median of 3; they were built between 1969 and 2013, a median of 2002. 3 of the 47 had a pool, and 8 were on the water. They sit in 3 ZIP codes: 33157, 33189 and 33190.

Reading Lakes by the Bay, Cutler Bay Sales

Each sale shows the closing price, the closing date, the price per square foot and the days on market. Compare the closing price with the last asking price to see how much room there was to negotiate, and compare days on market across sales to see which homes were priced right from the start.

Recent Sales Are What a Valuation Is Built On

An estimate of your home's value starts from the closed sales closest to it in place, size, age and features, adjusted for what is different. These are those sales. Request a free valuation and a BreakThru broker prepares it from the ones that match your home, or ask for a comparative market analysis before you list.

What Homes in Lakes by the Bay Are Selling For

52 homes closed in Lakes by the Bay in the last 180 days at a median of $509,500, or $285 per square foot, after 74 days on the market on average, and sellers achieved 98.6% of asking. The median is up 0.9% on the same period a year earlier. With a small number of sales a single large or small home can move a median, which is why a valuation works from the individual closings rather than from this figure.

What Buyers Pay For in Lakes by the Bay

Lakes by the Bay is the large planned community in the south of Cutler Bay, on streets from about SW 208th to SW 229th Street between SW 87th and SW 100th Avenue, built in sections from the late eighties to about 2013 around a chain of lakes with names such as Bald Eagle Lake and Glossy Ibis Lake. The early numbered sections hold single story houses of three and four bedrooms on compact lots; the later lettered sections, among them Amber, Cee, Day, Eve, Faye, Gee, Jay and Kaye, add two story houses of up to five bedrooms and gated townhome enclaves with their own clubhouse, pool and fitness room, along with smaller enclaves such as Montego. Listings describe jogging paths around the water, tennis courts and a ball field. Each section has its own association and fee, and some homes pay more than one, so we confirm every fee and the leasing rules for the exact address. Those are the things a Lakes by the Bay buyer compares from one home to the next, and they are what separate a sale at the top of the range from one at the bottom.

Lakes by the Bay Against the Cutler Bay Average

A Cutler Bay-wide figure blends every neighborhood, every property type and every condition. Lakes by the Bay has its own buyers and its own price range, so a home here is valued against Lakes by the Bay closings first and against the nearest comparable streets only when there are too few. There are 40 homes for sale in Lakes by the Bay today at a median asking price of $507,450, about 4.6 months of supply: that is the competition a new listing is priced against.

How to Get Your Lakes by the Bay Home Value

Enter your address on this page. A BreakThru Realty broker pulls the Lakes by the Bay closings that match your home, adjusts them for size, condition, lot and view, and calls you within one business day with a written value range and the sales behind it. It is free and carries no obligation, and it extends into a full comparative market analysis and a net proceeds estimate if you are thinking of listing.

Lakes by the Bay Home Values: Frequently Asked Questions

How much is my house worth in Lakes by the Bay?: Homes in Lakes by the Bay closed at a median of $509,500 in the last 180 days ($285 per square foot), but your value comes from the individual Lakes by the Bay closings that match your home's size, lot, condition and view. Enter your address on this page and a broker sends you a written range with the sales behind it, free.
What is the price per square foot in Lakes by the Bay?: The median sold price per square foot in Lakes by the Bay over the last 180 days is $285, against $296 for the homes currently listed. Price per square foot falls as homes get larger and rises sharply with water, view and renovation, so use it to compare similar homes, not to price one.
How fast do homes sell in Lakes by the Bay?: Homes that closed in Lakes by the Bay in the last 180 days took 74 days on average to go under contract, and there are about 4.6 months of supply on the market. Correctly priced homes sell faster than the average, because the average includes every listing that needed a price reduction first.
Where can I see what sold recently in Lakes by the Bay?: The newest Lakes by the Bay closings are on this page with the sale price and days on market for each, and the full six months are on the Lakes by the Bay recent sales page linked below. They come straight from BeachesMLS and update daily.

Selling in Lakes by the Bay? Your Buyer May Already Be Looking.

The closings on this page are what your home's value is built on. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review and a broker prices your home from these sales, checks it against the buyers on file and tells you what the records show.

A value range built from comparable Lakes by the Bay, Cutler Bay sales, with the reasoning
Whether a buyer already working with BreakThru Realty is looking for a property like yours
The plan that reaches the rest of the market if no buyer on file fits
An estimate of your selling costs and what you would keep after closing
Your timing, privacy and goals, worked through before anything is listed

Find Out If Your Buyer Is Already Looking

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