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Saturday, November 23, 2024

How did home prices perform in Sunrise during May?

Realestate1

The median sale price of a home sold in May in Sunrise rose by $5,000 while total sales increased by 15.3 percent, according to BlockShopper.com.

In May, there were 234 homes sold, with a median sale price of $260,000 - a two percent increase over the $255,000 median sale price for the same period of the previous year. There were 203 homes sold in Sunrise in May 2021.

The median sales tax in Sunrise for the most recent year with available data, 2017, was $1,813, approximately 0.7 percent of the median home sale price for May.

The following table compares Sunrise to other Broward County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Pompano Beach288333-13.5$313,000$250,00025.2
Hallandale Beach210215-2.3$287,000$226,50026.7
Dania Beach1007042.9$275,000$299,995-8.3
North Lauderdale6776-11.8$270,750$217,75024.3
Coconut Creek114139-18$265,000$195,00035.9
Sunrise23420315.3$260,000$255,0002
Tamarac217221-1.8$260,000$215,00020.9
Margate15012421$233,000$170,00037.1
Lighthouse Point3064-53.1$225,000$617,500-63.6
Deerfield Beach2662458.6$220,000$165,00033.3
Lauderhill19315028.7$145,000$125,37515.7

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