$9,203 Closing Credit*
$775,000
1,262 SqFt
3 Beds
•3 Full Baths
John Stoltenberg, Listing Office: Halo Realty
Is Sunrise, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sunrise was a Seller's Market.
Key Takeaway
Sunrise is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunrise, FL
How much do homes in Sunrise, FL cost?
Median Sold Price
$390,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,362(+8.7%)
Key Takeaway
Homes in Sunrise have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Sunrise was $390,000 in November 2024, up 8.7% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | $115K | 0.0% |
| 2 Bedrooms | $210K | $230K | +9.5% |
| 3 Bedrooms | $460K | $491.8K | +6.9% |
| 4 Bedrooms | $522.5K | $560K | +7.2% |
| 5+ Bedrooms | $569.5K | $625K | +9.7% |
Summary: Sunrise housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Lauderhill | $189.6K | $270.8K | +42.8% |
| Plantation | $440K | $499.6K | +13.5% |
| Tamarac | $301.1K | $335K | +11.3% |
| Sunrise | $358.6K | $390K | +8.7% |
| Davie | $495K | $531K | +7.3% |
Housing Supply in Sunrise, FL
How many homes are available in Sunrise, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 523 | 588 | +12.4% |
Summary: The Sunrise real estate market had 588 homes for sale in November 2024, a 12.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 92 | 99 | +7.6% |
| 2 Bedrooms | 285 | 323 | +13.3% |
| 3 Bedrooms | 117 | 129 | +10.3% |
| 4 Bedrooms | 23 | 32 | +39.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Sunrise housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 33 | -26.7% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunrise, you may be able to get a good deal. 75.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Sunrise in November 2024, down by 26.7% month-over-month. Of the 33 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.
Days on Market for Sunrise, FL
How long does it take to sell a home in Sunrise, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 75 Days | +64.9% |
Summary: Homes in Sunrise had an average of 75 days on market in Nov 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sunrise has remained consistent over time.
Summary: During November 2024, 33 homes were sold in Sunrise; 30% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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