Sunrise, FL 33322 Real Estate Market Report

ZIP Code: 33322
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Sunrise, FL, average 6.3% as of May 2026, reflecting the prevailing market environment for property owners in this area.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $485,800 is the median sold price, which should be treated as the primary indicator of current market value and recent transaction activity; this aligns with a broader down price trend and a cold market temperature, suggesting recent transactions are weaker than prior periods.

2. A notable pricing gap exists between the $525,000 median listing price and the $485,800 median sold price, which may indicate seller expectations are above what the market is transacting and could create pricing friction that slows deal flow.

3. 286 median days on market points to slower sales velocity and, when combined with observed sample conditions, suggests elevated inventory relative to sales activity and more time required to reach contract at prevailing price levels.

4. Market pressure from financing is meaningful: interest rate pressure is elevated and the market context notes Current 30-year fixed mortgage rates in Sunrise, FL, average 6.3% as of May 2026, which may constrain buyer affordability and reinforce the cold market dynamics observed.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Sunrise, FL 33322 Real Estate Market Report

ZIP Code: 33322
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Sunrise, FL, average 6.3% as of May 2026, reflecting the prevailing market environment for property owners in this area.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator, $121,500 median sold price, indicates recent transaction values and anchors local market value; given the market temperature and price trend this sale-level benchmark suggests downward pressure on realized prices (down).

2. There is a modest divergence between $118,250 median listing price and $121,500 median sold price, which may indicate pricing friction between seller expectations and completed transactions rather than strong upward momentum in asking prices (stable/neutral listing-sold gap).

3. Liquidity appears slow: 300 median days on market is consistent with reduced transaction velocity and implies sellers should expect longer marketing windows and potentially more negotiation on terms (cold).

4. Higher financing pressure is a material headwind for buyers and owners: the local 30-year fixed mortgage rate of 6.3% (May 2026) and elevated interest rate pressure suggest affordability constraints that, together with a cold market temperature, support softening pricing and caution for sellers and investors; median price per square foot remains $135 with median market rent at $1,750, which provides current unit-level context for valuation decisions.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.