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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunset Lakes is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Sunset Lakes was a Neutral Market.

Key Takeaway

Sunset Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sunset Lakes, FL

How much do homes in Sunset Lakes, FL cost?

Median Sold Price

$1,050,000

$368/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$167,500(+19.0%)

Key Takeaway

Homes in Sunset Lakes have sold for 19% more than they did a year ago.

Summary: The median home sold price in Sunset Lakes was $1,050,000 in December 2024, up 19% from last year, and the median price per square foot was $368.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $452.5K$450K
-0.6%
3 $597.5K$550K
-7.9%
4 $731.2K$930K
+27.2%
5+ $1.0M$1.1M
+7.1%

Summary: Sunset Lakes housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 7.1%.

Housing Supply in Sunset Lakes, FL

How many homes are available in Sunset Lakes, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3228-12.5%

Summary: The Sunset Lakes real estate market had 28 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 98
-11.1%
5+ 1715
-11.8%

Summary: The Sunset Lakes housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 11.8%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer100%

Key Takeaway

If you're buying a home in Sunset Lakes, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sunset Lakes in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sunset Lakes, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days38 Days-21.8%

Summary: Homes in Sunset Lakes had an average of 38 days on market in Dec 2024, down by 21.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times67%33%

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Sunset Lakes; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

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