Is Sunrise Beach, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunrise Beach is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sunrise Beach has remained a Buyer's Market.

Key Takeaway

Sunrise Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sunrise Beach, MO

How much do homes in Sunrise Beach, MO cost?

Median Sold Price

$1,260,000

$360/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$681,137(+117.7%)

Key Takeaway

Homes in Sunrise Beach have sold for 117.7% more than they did a month ago.

Summary: The median home sold price in Sunrise Beach was $1,260,000 in March 2024, up 117.7% from last month, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $565K-
N/A
4 $592.7K$1.2M
+112.6%
5+ --
N/A

Summary: Sunrise Beach housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 112.6%, and 5+ bedroom homes did not change.

Housing Supply in Sunrise Beach, MO

How many homes are available in Sunrise Beach, MO?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6298+58.1%

Summary: The Sunrise Beach real estate market had 98 homes for sale in March 2024, a 58.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 39
+200.0%
3 2235
+59.1%
4 1927
+42.1%
5+ 1827
+50.0%

Summary: The Sunrise Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 59.1%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunrise Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Sunrise Beach in March 2024, down by 33.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Sunrise Beach, MO

How long does it take to sell a home in Sunrise Beach, MO?

Average Sale Time

Feb 2024Mar 2024CHANGE
50 Days124 Days+146.4%

Summary: Homes in Sunrise Beach had an average of 124 days on market in Mar 2024, up by 146.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sunrise Beach are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 2 homes were sold in Sunrise Beach; 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.

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

Report Updated 25 Days Ago

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