Is Sunrise, WA 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, Sunrise has remained a Seller's Market.
Housing Prices in Sunrise, WA
How much do homes in Sunrise, WA cost?
Median Sold Price
$675,502
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunrise was $675,502 in April 2024, up 8% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $400K | $425K | +6.3% |
3 Bedrooms | $567.4K | $625.9K | +10.3% |
4 Bedrooms | $649.9K | $699.9K | +7.7% |
5+ Bedrooms | $721.6K | $754.5K | +4.6% |
Summary: Sunrise 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 increased by 6.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 4.6%.
Housing Supply in Sunrise, WA
How many homes are available in Sunrise, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 56 | -12.5% |
Summary: The Sunrise real estate market had 56 homes for sale in April 2024, a 12.5% 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 | 7 | 6 | -14.3% |
3 Bedrooms | 22 | 13 | -40.9% |
4 Bedrooms | 20 | 20 | 0.0% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Sunrise 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 decreased by 14.3%, 3 bedroom homes decreased by 40.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 10 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Sunrise in April 2024, down by 37.5% month-over-month. Of the 10 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sunrise, WA
How long does it take to sell a home in Sunrise, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 31 Days | -31.2% |
Summary: Homes in Sunrise had an average of 31 days on market in Apr 2024, down by 31.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Sunrise; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.