Is Sunshine Parkway, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunshine Parkway is a buyer's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Sunshine Parkway, FL cost?

Median Sold Price

$565,363

$280/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$95,837(+20.4%)

Key Takeaway

Homes in Sunshine Parkway have sold for 20.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $74.9K$110K
+46.9%
2 $219K$280.1K
+27.9%
3 $419.9K$524.9K
+25.0%
4 $599.6K$762.1K
+27.1%
5+ $844.4K$1.1M
+38.5%

Median Sold Price Compared To Nearby Cities

Wellington
+27.7%
Boynton Beach-Delray Beach
+23.5%
Sunshine Parkway
+20.4%
Coconut Creek
+18.9%
Royal Palm Beach
+17.1%

How many homes are available in Sunshine Parkway, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
1,3621,350-0.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 4951
+4.1%
2 286277
-3.1%
3 436428
-1.8%
4 315308
-2.2%
5+ 276286
+3.6%

Number of Homes Sold

Oct 2022Nov 2022%
260184-29.2%

Asking Price vs. Sold Price

138 Homes Were Sold
Under Asking

32 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunshine Parkway, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
30 Days46 Days+54.7%

Breakdown of Home Sale Times

86 Homes Were Sold
Under 30 Days

75 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sunshine Parkway are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sunshine Parkway, FL

Sunshine Parkway, FL has 1,350 homes for sale to choose from. In November 2022 in Sunshine Parkway, FL there were 0.9% less homes for sale than in October 2022. While the average time on the market in November 2022 was 46 days, the median list price was $565,363. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties prices increased by 46.9%, 2 bedrooms properties prices increased by 27.9%, the cost of 3 bedrooms properties went up by 25%, prices of 4 bedrooms properties went up by 27.1%, prices of 5 bedrooms properties went up by 38.5%. This housing market inventory have changed: 1 bedroom homes became 4.1% more available, the quantity of 2 bedrooms homes went down by 3.1%, volume of 3 bedrooms homes went down by 1.8%, 4 bedrooms homes became 2.2% less available, number of 5 bedrooms homes increased by 3.6%. While more than 14 listings in Sunshine Parkway, FL in November 2022 were sold above asking price, there were more than 32 listings sold at asking price, and more than 138 were sold below.

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