Florida
Sunrise Housing Market: Key Trends You Need to Know
Navigating the Sunrise Real Estate Market: What Recent Sales Reveal
If you’ve been keeping an eye on single‑family home opportunities in Sunrise, FL, staying current with local sales activity is essential. Pricing strategies, buyer demand, and negotiation trends can shift quickly — and the last 30 days of closed sales offer a clear snapshot of what’s happening right now. As such, whether you’re preparing to list your home or searching for the right property, here’s a data‑driven look at how the Sunrise market is performing.
📊 Sunrise Real Estate Market Snapshot (Last 30 Days)
Based on 7 closed single‑family home sales in Sunrise, FL.
Key Performance Metrics
- Average Sold Price: $516,700
- Average List Price: $519,271
- Median Sold Price: $520,000
- Average Days on Market (DOM): 53.6 days
- Note: One outlier at 233 days significantly inflates the average.
- Median DOM: 29 days
- A more accurate reflection of typical market pace.
🏷️ Offer Trends: Above, At, or Below Asking?
Negotiation dynamics in Sunrise remain balanced, with buyers still securing modest concessions on most listings — but competitively priced homes continue to attract strong offers.
- Below Asking Price: 4 homes (57%) Discounts ranged from $2,000 to $10,000 off the final list price.
- Above Asking Price: 2 homes (29%) Competitive bidding pushed sales $3,000 to $5,001 above list.
- At Asking Price: 1 home (14%) Closed exactly at list price after a prior reduction.
Property Address | Bedrooms / Baths | List Price | Sold Price | Days on Market (DOM) | Sale vs. List Trend |
1219 NW 126th Ter | 3 / 2.5 | $545,000 | $543,000 | 29 | Below (-$2,000) |
3274 NW 104th Ter | 3 / 3 | $539,000 | $529,000 | 29 | Below (-$10,000) |
2450 NW 85th Ave | 4 / 3 | $527,900 | $527,900 | 233 | Exact Match |
2486 NW 73rd Ave | 4 / 2 | $525,000 | $520,000 | 20 | Below (-$5,000) |
3724 NW 107th Ter | 3 / 2.5 | $499,999 | $505,000 | 9 | Above (+$5,001) |
6270 NW 16th Ct | 4 / 2 | $499,000 | $490,000 | 20 | Below (-$9,000) |
12341 NW 30th St | 3 / 2 | $499,000 | $502,000 | 35 | Above (+$3,000) |
💡 Key Takeaways for Buyers & Sellers
- Competitive Pricing Drives Fast Results
Homes priced correctly from day one — like the property on NW 107th Ter — moved in under 10 days and attracted above‑asking offers. Buyers respond quickly to strong value.
- Buyers Still Have Negotiation Leverage
With 57% of homes selling below list, buyers who analyze pricing and act decisively can still secure concessions or reductions.
- Median DOM Shows True Market Speed
While the average DOM is inflated by one long‑running listing, the median of 29 days shows that well‑marketed homes are selling within a month.
📌 The Bottom Line
The Sunrise single‑family market remains healthy and balanced, with opportunities for both buyers and sellers. Sellers who price strategically and present their homes well continue to see quick activity — sometimes even multiple offers. However, buyers still find room to negotiate on homes that linger or are slightly overpriced.
If you’re curious how these trends impact your neighborhood or your home’s value, reach out today for a customized market evaluation tailored to your goals.
Posted: 10/15/2026
Florida
Florida Housing Market Forecast
Florida Housing Market Forecast
The Florida housing market is expected to see modest growth over the next 10 years, with home prices predicted to increase rather than drop substantially. Freddie Mac and NAR predict home prices across the U.S. will grow in 2025, with Freddie Mac expecting a 0.6% bump and NAR expecting as much as a 2% increase.
In terms of specific investment types, residential rentals are expected to benefit from high demand due to population growth, providing a steady income, although property management can be time-consuming and tenant issues may arise. New construction investments can address housing shortages and potentially offer higher returns, but they require significant capital, face regulatory hurdles, and may encounter construction delays. Vacation rentals in tourist areas can have high earning potential and offer flexibility for personal use, though they are subject to seasonal fluctuations in demand and higher management costs. Emerging markets may offer lower entry costs and high appreciation potential, but they come with higher risk and may require more research due to less developed infrastructure.
The median sale price of homes in Florida is currently around $410,700, with inventory increasing by 26.9% year over year, and closed sales decreasing by 3.5%. The median time to sale has increased by 25%, and the average mortgage rate for a 15-year fixed loan is 6.03%.
For the next 5 years (2025-2030), the Florida housing market is expected to see continued growth, with inventory increasing and prices remaining stable or slightly rising.124 This period is seen as a favorable time for buyers, given the increasing inventory and decreasing prices.
The market saw a 10.5% decrease in condo and townhouse sales in 2024, which was the lowest number of such sales since 2010. However, the overall trend indicates a seller’s market for single-family homes, with a 4.7-month supply of homes available.
In summary, the Florida housing market is expected to remain robust over the next 10 years, with opportunities for investment in various sectors, though buyers and investors should be aware of the potential challenges associated with each type of investment.
Sources:
Worthington, M. (2022, September 15). A Changing 2022 Florida Real Estate Market Forecast: What’s Still to Come. HomeLight. Retrieved May 5, 2025 from https://www.homelight.com/blog/florida-real-estate-market-forecast-2022/
Florida Housing Market. Redfin. Retrieved May 5, 2025 from https://www.redfin.com/state/Florida/housing-market
Florida
Key Real Estate Factors
Navigating the real estate market in 2025 requires preparation and informed decision-making. Here are some key tips for both buyers and sellers:
For buyers:
Start the process early and get pre-approved for a mortgage to show you are a serious buyer.
Understand that while inventory is expected to improve, competition can still be fierce, especially in markets like Northern California.
Be aware that mortgage rates may fluctuate, so it’s wise to lock in a favorable rate when possible.
Consider using mortgages geared towards first-time homebuyers and combining them with grants or down payment assistance programs to make homeownership more affordable.
For sellers:
List your home during the spring season, particularly in the week of April 13 to April 19, as this could potentially fetch a higher selling price.
Ensure your home is in top-notch condition and has an attractive curb appeal, as well-maintained homes and appealing front yards are major features buyers look for.
Work with a knowledgeable and experienced real estate agent to set a competitive, market-driven price.
Avoid overpricing or underpricing your home; instead, set a price based on comparable properties in your neighborhood.
Both buyers and sellers should:
Engage with a real estate agent who understands the local market and can connect you with the right professionals.
Be prepared for ongoing negotiations, especially when dealing with appraisal gaps or price reductions.
Stay informed about market trends and adjust your strategy accordingly.
By following these tips, you can navigate the 2025 real estate market with confidence and achieve your real estate goals.
Sources:
Rothstein, R. (2025, April 7). Housing Market Predictions For 2025: When Will Home Prices Drop? Forbes. Retrieved April 23, 2025, from https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/
Florida
Featured Property
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