Sunrise, FL Foreclosures
Current Market Conditions in in Sunrise, FL As of March 2026?
Over the past month, the real estate market in Sunrise has seen a steady increase in home prices, with some homes selling above the asking price due to high demand. Inventory remains low, leading to multiple offers on properties and quick sales. The average days on market have decreased, suggesting that buyers are eagerly snapping up available listings. Despite rising prices, many buyers are motivated by historically low mortgage rates, making it a dynamic market for sellers.
How much do homes sell for in Sunrise, FL?
The average home price is currently $363,650.
In Sunrise, FL, how many homes are available?
There are currently 200 active home listings available in Sunrise.
What’s the average rental cost in Sunrise, FL?
The average rental price in Sunrise is $1,679.
What is the most expensive home in Sunrise?
The most expensive home sold in Sunrise had a price of $148,576,264.
What is currently the cheapest priced home in Sunrise, FL?
The cheapest home for sale in Sunrise is priced at $12,400.
Living in Sunrise, FL
Sunrise, FL is a thriving city in Broward County that boasts a family-friendly environment with a range of amenities. Residents enjoy access to large shopping centers like Sawgrass Mills, beautiful parks for outdoor activities, and a vibrant community culture. With a warm climate and diverse neighborhoods, it's a great place for both families and professionals.
Buyer vs Seller Market in Sunrise, FL
The real estate market in Sunrise, FL remains competitive, with a demand for both single-family homes and condominiums. As of recent reports, home prices have continued to rise, reflecting a strong buyer interest and limited inventory. The market is characterized by a mix of investors and first-time homebuyers, often leading to quicker sales than previous years.
In the past few months, there has been a noticeable increase in the number of bidding wars, particularly for affordable homes, as buyers seek to capitalize on favorable mortgage rates before they potentially rise again. Listings are frequently going under contract shortly after being placed on the market, indicating high buyer confidence.
Home Value Estimator For Sunrise, FL
There are currently 33,788 real estate properties
in Sunrise, FL,
with a median automated valuation model (AVM) price
of $379,172.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sunrise, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sunrise, FL,
is $363,650.00, with the most expensive house
in Sunrise, FL, topping out
at $148,576,264.00 and the cheapest home
in Sunrise, FL,
clocking in at $12,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sunrise, FL!
Rent Prices
In Sunrise, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sunrise, FL, is on
a rollercoaster ride. The
average rent price in Sunrise, FL,
is $1,679.00. Indeed, when looking to rent in
Sunrise, FL, you can expect to pay as little
as $710.00 or as much
as $7,120.00,
with the average rent median estimated to
be $1,640.00. The good news is that finding
an affordable and desirable property to rent in Sunrise, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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