$5,937 Closing Credit*
$499,999
1,065 SqFt
2 Beds
•1 Full Bath, 1 Partial
David Christ, Jr., Listing Office: GULF BEACH REALTY INC
Is Sunset Beach, 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, Sunset Beach was a Seller's Market.
Key Takeaway
Sunset Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunset Beach, FL
How much do homes in Sunset Beach, FL cost?
Median Sold Price
$899,000
$658/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$143,250(+19.0%)
Key Takeaway
Homes in Sunset Beach have sold for 19% more than they did a year ago.
Summary: The median home sold price in Sunset Beach was $899,000 in October 2024, up 19% from last year, and the median price per square foot was $658.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $386.5K | $315.4K | -18.4% |
| 2 Bedrooms | $749K | $870K | +16.2% |
| 3 Bedrooms | $1.0M | $1.1M | +7.4% |
| 4 Bedrooms | $1.5M | $1.4M | -6.3% |
| 5+ Bedrooms | $5.3M | $2.3M | -56.5% |
Summary: Sunset Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 56.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Sunset Beach | $755.7K | $899K | +19.0% |
| Treasure Island Downtown | $760K | $799.7K | +5.2% |
Housing Supply in Sunset Beach, FL
How many homes are available in Sunset Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Sunset Beach real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunset Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 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 |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunset Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Sunset Beach in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset Beach, FL
How long does it take to sell a home in Sunset Beach, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 71 Days | +273.7% |
Summary: Homes in Sunset Beach had an average of 71 days on market in Oct 2024, up by 273.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sunset Beach has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Sunset Beach; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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