Is Sunset Lake Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Lake Estates is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sunset Lake Estates has remained a Seller's Market.

Key Takeaway

Sunset Lake Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sunset Lake Estates, FL

How much do homes in Sunset Lake Estates, FL cost?

Median Sold Price

$430,000

$266/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,000(+1.2%)

Key Takeaway

Homes in Sunset Lake Estates have sold for 1.2% more than they did a month ago.

Summary: The median home sold price in Sunset Lake Estates was $430,000 in November 2024, up 1.2% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$310K
N/A
3 $430K$430K
0.0%
4 $420K$525K
+25.0%
5+ -$585K
N/A

Summary: Sunset Lake Estates housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Windsor Park
+31.5%
Sunset Lake Estates
+1.2%
Willow Wood Village
-20.0%
Woodlake
-57.0%

Housing Supply in Sunset Lake Estates, FL

How many homes are available in Sunset Lake Estates, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The Sunset Lake Estates real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 109
-10.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Sunset Lake Estates housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunset Lake Estates, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Sunset Lake Estates in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Sunset Lake Estates, FL

How long does it take to sell a home in Sunset Lake Estates, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
45 Days46 Days+1.1%

Summary: Homes in Sunset Lake Estates had an average of 46 days on market in Nov 2024, up by 1.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sunset Lake Estates has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Sunset Lake Estates; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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