Sun Terrace at Lake Catherine Housing Market Report April 2025Palm Beach County, Florida

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Housing Prices in Sun Terrace at Lake Catherine, FL

How much do homes in Sun Terrace at Lake Catherine, FL cost?

Housing Market Conditions

Is Sun Terrace at Lake Catherine, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Sun Terrace at Lake Catherine is a Neutral Market

Difference Since March 2025

Last month, Sun Terrace at Lake Catherine was a Buyer's Market.

Insight

Sun Terrace at Lake Catherine is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$369,000$320/SqFt
+$44,000
+13.5%

Based on all homes sold in April 2025

Insight

Homes in Sun Terrace at Lake Catherine have sold for 13.5% more than they did a month ago.

Summary: The median home sold price in Sun Terrace at Lake Catherine was $369,000 in April 2025, up 13.5% from last month, and the median price per square foot was $320.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2$325K$369K
+13.5%
3--
N/A
4--
N/A
5--
N/A

Summary: Sun Terrace at Lake Catherine housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +13.5%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Sun Terrace at Lake Catherine, FL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Sun Terrace at Lake Catherine, FL

Housing supply in Sun Terrace at Lake Catherine, FL

How many homes are available in Sun Terrace at Lake Catherine, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthApr 2025
82 months agoMar 2025
-12.5 %
Change MoMMar – Apr

Summary: The Sun Terrace at Lake Catherine real estate market had 7 homes for sale in Apr 2025, a 12.5 % decrease compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthApr 2025
12 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
287
-12.5%
300
0.0%
400
0.0%
500
0.0%

Summary: Sun Terrace at Lake Catherine housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Sun Terrace at Lake Catherine, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Sun Terrace at Lake Catherine, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sun Terrace at Lake Catherine in April 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Sun Terrace at Lake Catherine, FL

How long does it take to sell a home in Sun Terrace at Lake Catherine, FL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Sun Terrace at Lake Catherine are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 1 homes were sold in Sun Terrace at Lake Catherine; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
209 DaysLast MonthApr 2025
85 Days1 month agoMar 2025
+145.9 %
Change MoMMar – Apr

Summary: Homes in Sun Terrace at Lake Catherine had an average listing age of 209 days in Apr 2025, up by 145.9% compared to the previous month.

Newest Listings in Sun Terrace at Lake Catherine, FL

What homes are available in Sun Terrace at Lake Catherine, FL?

Nearby markets

Nearby markets aren't available for Sun Terrace at Lake Catherine, FL

MLS Disclaimers and Copyright

Based on information from Beaches MLS, for the period 03/01/2025 - 05/01/2025

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 11:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.