Question 1

What is the median sold price in Sunrise Estates?

Accepted Answer

The median sold price in Sunrise Estates is $690,000 based on 7 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Sunrise Estates?

Accepted Answer

The average sold price in Sunrise Estates is $672,500. Note that the average ($672,500) is lower than the median ($690,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Sunrise Estates?

Accepted Answer

Home prices in Sunrise Estates range from $207,500 to $950,000 based on recent sales data. This $742,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Sunrise Estates selling above or below asking price?

Accepted Answer

On average, homes in Sunrise Estates are selling at 97.3% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Sunrise Estates?

Accepted Answer

Homes in Sunrise Estates are selling in an average of 179 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Sunrise Estates?

Accepted Answer

The average price per square foot in Sunrise Estates is $401. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $802,000.

Question 7

What types of properties are selling in Sunrise Estates?

Accepted Answer

The most common property types selling in Sunrise Estates are: detached single family (6 sold, avg $750,000), vacant lot (1 sold, avg $207,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 8

How much do detached homes cost in Sunrise Estates?

Accepted Answer

Detached homes in Sunrise Estates are selling for an average of $750,000, with 6 sales over the past 2 years.

Question 9

Are home prices rising or falling in Sunrise Estates?

Accepted Answer

Home prices in Sunrise Estates have increased by 21.4% over the past 2 years. The average sold price moved from $782,500 to $950,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Sunrise Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Sunrise Estates is a buyer's market. Homes are selling in 179 days on average and at 97.3% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Sunrise Estates?

Accepted Answer

In Sunrise Estates, 14% of homes sold above asking price, while 86% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What are the average property taxes in Sunrise Estates?

Accepted Answer

The average annual property tax in Sunrise Estates is $4,254, with a median of $4,722. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Sunrise Estates?

Accepted Answer

Homes selling in Sunrise Estates range from 1,532 to 2,424 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Sunrise Estates?

Accepted Answer

Sunrise Estates shows relatively consistent pricing with a standard deviation of $220,782 around the average price of $672,500. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 15

How do I find out how much a house sold for in Sunrise Estates?

Accepted Answer

Simply search our Sunrise Estates sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 16

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Sunrise Estates will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 17

Do you show all MLS® sold listings for Sunrise Estates?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Sunrise Estates. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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