$1,805 Closing Credit*
$152,000
850 SqFt
2 Beds
•2 Full Baths
Maria Penaloza, Listing Office: So Flo Real Estate Group LLC
Is Sunrise Lakes, 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, Sunrise Lakes was a Seller's Market.
Key Takeaway
Sunrise Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunrise Lakes, FL
How much do homes in Sunrise Lakes, FL cost?
Median Sold Price
$129,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-7.2%)
Key Takeaway
Homes in Sunrise Lakes have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in Sunrise Lakes was $129,000 in October 2024, down 7.2% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $102K | -8.9% |
| 2 Bedrooms | $154.7K | $152K | -1.7% |
| 3 Bedrooms | $385K | $425K | +10.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sunrise Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.9%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Welleby | $360K | $415K | +15.3% |
| Sunrise Lakes | $139K | $129K | -7.2% |
Housing Supply in Sunrise Lakes, FL
How many homes are available in Sunrise Lakes, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 224 | 255 | +13.8% |
Summary: The Sunrise Lakes real estate market had 255 homes for sale in October 2024, a 13.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 63 | 72 | +14.3% |
| 2 Bedrooms | 160 | 182 | +13.8% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunrise Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 13.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 8 | -60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sunrise Lakes, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Sunrise Lakes in October 2024, down by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Sunrise Lakes, FL
How long does it take to sell a home in Sunrise Lakes, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 78 Days | +104.4% |
Summary: Homes in Sunrise Lakes had an average of 78 days on market in Oct 2024, up by 104.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sunrise Lakes has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Sunrise Lakes; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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