$10,000 Closing Credit*
$2,395,000
1,479 SqFt
2 Beds
•3 Full Baths
Carolina Lopez PA, Listing Office: One Sotheby's International Realty
Is Sunny Isles, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sunny Isles was a Neutral Market.
Key Takeaway
Sunny Isles is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunny Isles, FL
How much do homes in Sunny Isles, FL cost?
Median Sold Price
$951,250
$633/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$156,964(+19.8%)
Key Takeaway
Homes in Sunny Isles have sold for 19.8% more than they did a year ago.
Summary: The median home sold price in Sunny Isles was $951,250 in October 2024, up 19.8% from last year, and the median price per square foot was $633.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $350K | +14.8% |
| 2 Bedrooms | $560K | $583K | +4.1% |
| 3 Bedrooms | $1.8M | $1.7M | -2.0% |
| 4 Bedrooms | $4.2M | $4.1M | -1.1% |
| 5+ Bedrooms | $7.2M | $8.0M | +10.6% |
Summary: Sunny Isles housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 10.6%.
Housing Supply in Sunny Isles, FL
How many homes are available in Sunny Isles, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 865 | 950 | +9.8% |
Summary: The Sunny Isles real estate market had 950 homes for sale in October 2024, a 9.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 186 | 204 | +9.7% |
| 2 Bedrooms | 315 | 343 | +8.9% |
| 3 Bedrooms | 226 | 255 | +12.8% |
| 4 Bedrooms | 106 | 115 | +8.5% |
| 5+ Bedrooms | 32 | 33 | +3.1% |
Summary: The Sunny Isles housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunny Isles, you may be able to get a good deal. 97% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Sunny Isles in October 2024, the same as the previous month. Of the 33 sold homes, 97% were sold under asking, 3% were sold at asking, and 0% were sold over asking.
Days on Market for Sunny Isles, FL
How long does it take to sell a home in Sunny Isles, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 106 Days | 94 Days | -11.3% |
Summary: Homes in Sunny Isles had an average of 94 days on market in Oct 2024, down by 11.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sunny Isles has remained consistent over time.
Summary: During October 2024, 33 homes were sold in Sunny Isles; 27% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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