$9,441 Closing Credit*
$795,000
1,896 SqFt
4 Beds
•2 Full Baths
Eugenio Lopez, Listing Office: MDZ Realty, LLC.
Is Sunset West, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sunset West has remained a Seller's Market.
Key Takeaway
Sunset West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunset West, FL
How much do homes in Sunset West, FL cost?
Median Sold Price
$760,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$85,000(+12.6%)
Key Takeaway
Homes in Sunset West have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Sunset West was $760,000 in October 2024, up 12.6% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $235K | N/A |
| 2 Bedrooms | $269K | $272K | +1.1% |
| 3 Bedrooms | $650K | $690K | +6.2% |
| 4 Bedrooms | $779.3K | $855K | +9.7% |
| 5+ Bedrooms | $1.2M | $1.6M | +25.0% |
Summary: Sunset West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Neighborhoods
| Sunset Park | $619K | $740K | +19.5% |
| Sunset West | $675K | $760K | +12.6% |
Housing Supply in Sunset West, FL
How many homes are available in Sunset West, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 46 | +7.0% |
Summary: The Sunset West real estate market had 46 homes for sale in October 2024, a 7.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Sunset West 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 20%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunset West, 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 West in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Sunset West, FL
How long does it take to sell a home in Sunset West, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 50 Days | +145.6% |
Summary: Homes in Sunset West had an average of 50 days on market in Oct 2024, up by 145.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sunset West are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Sunset West; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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