Why Live in New River Estates
New River Estates in Sunrise is an attractive neighborhood for first-time homebuyers and families, offering a lower price point compared to neighboring Weston. The area features a mix of single-family ranch-style homes from the 1980s, Mediterranean-style townhouses, and new high-end homes. Many properties boast lakefront views, large lots, and amenities such as swimming pools, tennis courts, and clubhouses. The neighborhood is served by highly rated schools, including Indian Trace Elementary, Tequesta Trace Middle, and Western High, which offer specialized programs in visual arts, the Cambridge International Program, and a STEM academy. Outdoor enthusiasts will appreciate the 20-acre Sawgrass Sanctuary, which hosts events like the Earth Day Festival and Woofstock Festival, and offers facilities for canoeing, fishing, and picnicking. The sanctuary connects to Oscar Wind Park, featuring athletic facilities and a sun-shielded playground. For daily needs, residents have access to Key Food Supermarket and Publix, along with various dining options such as Jose’s Uncle Al’s Sports Café and La Perla Seafood Bar & Grill. The neighborhood's location is convenient for commuting, with I-75 and I-595 providing easy access to Boca and Miami. Despite some commercial and industrial areas, New River Estates stands out for its excellent schools, lush parks, and affordable housing options.
Home Trends in New River Estates, FL
On average, homes in New River Estates, Sunrise sell after 68 days on the market compared to the national average of 51 days. The median sale price for homes in New River Estates, Sunrise over the last 12 months is $521,250, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$521,250
Median Single Family Sale Price
$615,000
Median Townhouse Sale Price
$529,500
Median 2 Bedroom Sale Price
$285,000
Median 1 Bedroom Sale Price
$292,000
Average Price Per Sq Ft
$330
Number of Homes for Sale
30
Last 12 months Home Sales
50
Median List Price
$517,200
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-3%