Is Sunshine, 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, Sunshine has remained a Seller's Market.
Housing Prices in Sunshine, FL
How much do homes in Sunshine, FL cost?
Median Sold Price
$355,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sunshine was $355,000 in April 2024, up 4.4% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $206K | $213.7K | +3.8% |
3 Bedrooms | $330K | $340K | +3.0% |
4 Bedrooms | $361K | $390K | +8.0% |
5+ Bedrooms | $410K | $500K | +22.0% |
Summary: Sunshine 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 3.8%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 22%.
Housing Supply in Sunshine, FL
How many homes are available in Sunshine, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
215 | 198 | -7.9% |
Summary: The Sunshine real estate market had 198 homes for sale in April 2024, a 7.9% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 127 | 131 | +3.1% |
4 Bedrooms | 70 | 53 | -24.3% |
5+ Bedrooms | 17 | 13 | -23.5% |
Summary: The Sunshine 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 increased by 3.1%, 4 bedroom homes decreased by 24.3%, and 5+ bedroom homes decreased by 23.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 38 | -2.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Sunshine in April 2024, down by 2.6% month-over-month. Of the 38 sold homes, 39% were sold under asking, 47% were sold at asking, and 13% were sold over asking.
Days on Market for Sunshine, FL
How long does it take to sell a home in Sunshine, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 43 Days | -10.6% |
Summary: Homes in Sunshine had an average of 43 days on market in Apr 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in Sunshine; 50% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.