Is Sunshine Parkway, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Sunshine Parkway was a Seller's Market.
Housing Prices in Sunshine Parkway, FL
How much do homes in Sunshine Parkway, FL cost?
Median Sold Price
$625,069
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Sunshine Parkway was $625,069 in June 2024, up 10.5% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.5K | $122K | -5.1% |
2 Bedrooms | $293.4K | $315K | +7.3% |
3 Bedrooms | $534.9K | $574.7K | +7.4% |
4 Bedrooms | $760K | $798.5K | +5.1% |
5+ Bedrooms | $1.1M | $1.2M | +9.1% |
Summary: Sunshine Parkway housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Cities
Coconut Creek | $311K | $350K | +12.5% |
Sunshine Parkway | $565.6K | $625K | +10.5% |
Royal Palm Beach | $455K | $490.7K | +7.8% |
Boynton Beach-Delray Beach | $376.1K | $395.5K | +5.2% |
Wellington | $664.6K | $693.2K | +4.3% |
Housing Supply in Sunshine Parkway, FL
How many homes are available in Sunshine Parkway, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,956 | 1,987 | +1.6% |
Summary: The Sunshine Parkway real estate market had 1,987 homes for sale in June 2024, a 1.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 90 | 94 | +4.4% |
2 Bedrooms | 480 | 493 | +2.7% |
3 Bedrooms | 604 | 584 | -3.3% |
4 Bedrooms | 424 | 448 | +5.7% |
5+ Bedrooms | 358 | 368 | +2.8% |
Summary: The Sunshine Parkway housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 2.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
318 | 268 | -15.7% |
Asking Price vs. Sold Price
217 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 268 homes were sold or pending in Sunshine Parkway in June 2024, down by 15.7% month-over-month. Of the 268 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
38 Days | 61 Days | +57.5% |
Summary: Homes in Sunshine Parkway had an average of 61 days on market in Jun 2024, up by 57.5% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
86 Homes Were Sold
In 30 - 90 Days
66 Homes Were Sold
Over 90 Days
Summary: During June 2024, 268 homes were sold in Sunshine Parkway; 43% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.