Is Sunset Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sunset Park has remained a Seller's Market.
Housing Prices in Sunset Park, FL
How much do homes in Sunset Park, FL cost?
Median Sold Price
$692,500
$459/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunset Park was $692,500 in April 2024, up 16.4% from last year, and the median price per square foot was $459.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $555K | $660K | +18.9% |
4 Bedrooms | $622.5K | $722.5K | +16.1% |
5+ Bedrooms | $635.7K | $680K | +7.0% |
Summary: Sunset Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Neighborhoods
Sunset Park | $595K | $692.5K | +16.4% |
Kendall North | $369K | $396.1K | +7.3% |
Sunset West | $699K | $691.5K | -1.1% |
Housing Supply in Sunset Park, FL
How many homes are available in Sunset Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Summary: The Sunset Park real estate market had 2 homes for sale in April 2024, a 60.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 1 | -66.7% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sunset Park housing inventory by bedroom type for April 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 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Sunset Park in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sunset Park, FL
How long does it take to sell a home in Sunset Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 102 Days | +1033.3% |
Summary: Homes in Sunset Park had an average of 102 days on market in Apr 2024, up by 1033.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Sunset Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.