$5,344 Closing Credit*
$450,000
1,566 SqFt
3 Beds
•2 Full Baths
Issa Velez, Listing Office: Continental Properties, Inc.
Is Sunshine Parkway, 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, Sunshine Parkway was a Seller's Market.
Key Takeaway
Sunshine Parkway is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sunshine Parkway, FL
How much do homes in Sunshine Parkway, FL cost?
Median Sold Price
$622,891
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$38,282(+6.5%)
Key Takeaway
Homes in Sunshine Parkway have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Sunshine Parkway was $622,891 in October 2024, up 6.5% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129K | $115K | -10.9% |
| 2 Bedrooms | $299.9K | $312.7K | +4.3% |
| 3 Bedrooms | $546.6K | $570K | +4.3% |
| 4 Bedrooms | $750K | $808.2K | +7.8% |
| 5+ Bedrooms | $1.1M | $1.2M | +7.4% |
Summary: Sunshine Parkway housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Cities
| Coconut Creek | $325K | $365.5K | +12.5% |
| Sunshine Parkway | $584.6K | $622.8K | +6.5% |
| Royal Palm Beach | $465K | $495K | +6.5% |
| Boynton Beach-Delray Beach | $379.1K | $399.7K | +5.4% |
| Wellington | $666.5K | $695.3K | +4.3% |
Housing Supply in Sunshine Parkway, FL
How many homes are available in Sunshine Parkway, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,793 | 1,901 | +6.0% |
Summary: The Sunshine Parkway real estate market had 1,901 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 73 | 76 | +4.1% |
| 2 Bedrooms | 432 | 461 | +6.7% |
| 3 Bedrooms | 559 | 604 | +8.1% |
| 4 Bedrooms | 394 | 396 | 0.5% |
| 5+ Bedrooms | 335 | 364 | +8.7% |
Summary: The Sunshine Parkway housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 227 | 199 | -12.3% |
Asking Price vs. Sold Price
162 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunshine Parkway, you may be able to get a good deal. 81.4% of homes here sold below asking price last month.
Summary: A total of 199 homes were sold or pending in Sunshine Parkway in October 2024, down by 12.3% month-over-month. Of the 199 sold homes, 81% were sold under asking, 12% were sold at asking, and 7% were sold over asking.
Days on Market for Sunshine Parkway, FL
How long does it take to sell a home in Sunshine Parkway, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 67 Days | +57.4% |
Summary: Homes in Sunshine Parkway had an average of 67 days on market in Oct 2024, up by 57.4% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
66 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sunshine Parkway are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 199 homes were sold in Sunshine Parkway; 38% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.