Is Sunny Isles Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2021
At the same time last year, Sunny Isles Beach was a Seller's Market.
Key Takeaway
Sunny Isles Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Sunny Isles Beach, FL cost?
Median Sold Price
$767,750
$526/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2021
Key Takeaway
Homes in Sunny Isles Beach have sold for 28.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jun 2021 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | $229.5K | $290K | +26.4% |
| 2 Bedrooms | $460.8K | $555K | +20.4% |
| 3 Bedrooms | $1.1M | $1.5M | +32.9% |
| 4 Bedrooms | $2.8M | $3.4M | +20.7% |
| 5+ Bedrooms | $3.6M | $3.4M | -6.3%  |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Sunny Isles Beach | +28.9% |
| North Miami Beach | +27.0% |
| Aventura | +23.1% |
| North Miami | +3.3% |
| Golden Beach | +2.4% |
How many homes are available in Sunny Isles Beach, FL?
Number of Homes For Sale
| May 2022 | Jun 2022 | % |
|---|---|---|
| 698 | 700 | 0.3% |
Homes For Sale By Bedroom Count
| # BEDS | May 2022 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | 118 | 122 | +3.4%  |
| 2 Bedrooms | 250 | 240 | -4.0%  |
| 3 Bedrooms | 223 | 219 | -1.8% |
| 4 Bedrooms | 80 | 86 | +7.5% |
| 5+ Bedrooms | 27 | 33 | +22.2% |
Number of Homes Sold
| May 2022 | Jun 2022 | % |
|---|---|---|
| 99 | 80 | -19.2% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunny Isles Beach, you may be able to get a good deal. 71.3% of homes here sold below asking price last month.
Average Sale Time
| Jun 2021 | Jun 2022 | % |
|---|---|---|
| 140 Days | 83 Days | -40.8% |
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sunny Isles Beach are selling fast, if you're buying plan to act quickly.
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