(& SUNSHINE PARK)
MARKET REPORT
Flamingo Park, Grandview Heights, and Sunshine Park currently has 12 active single-family listings with a median asking price of $1,447,000. Over the past 6 months, 23 homes have closed at a median sale price of $1,500,000. At the current absorption rate of 3.8 sales per month, existing inventory represents approximately 3.1 months of supply. The median sale-to-list price ratio is 92.9%.
• The market currently has 3.1 months of inventory, reflecting seller-leaning conditions with continued transaction activity.
• The $1.5M-$2.5M segment has 4 active listings, 11 closed sales, and 2.2 months of inventory, showing the lowest supply among the three price segments.
• Active homes have a median list price of $1.447M, compared with a median sale price of $1.500M over the past six months, a 3.5% difference.
• Active homes have a median list price of $1.495M, compared with a median sale price of $1.563M over the past six months, a 4.3% difference.
• Homes have sold at a 92.9% median sale-to-list price ratio. There are 5 pending/contingent listings and an absorption rate of 3.8 sales per month.
• Under $1.5M has 3.8 months of inventory, while the $1.5M-$2.5M segment has 2.2 months and Above $2.5M has 6.0 months of supply.
