Newlife Sun City Posts 120% Uptick in Residential Sales

By the end of August, the Newlife subdivision in Sun City reported a total of 22 properties sold year to date as the average closed sales price of $101,145 posted a rise of 18.4% from this time period one year ago. The overall number of sold listings in Newlife posted a 120% gain when compared to this time range during 2014, which showed a volume of 10 homes sold, a year-over-year net increase of 12 sales. With 5 property sales year to date, the 70,000-79,999 price range had one of the greatest numbers of closed transactions.

Houses For Sale See 68% Increase. Newlife posted 32 active for sale homes during 2015 through the month of August, and the 80,000-89,999 price range had one of the largest numbers of residences for sale with 8 units listed. Compared to this period during 2014, which recorded 19 properties for sale, Newlife experienced a 68.4% gain in the total number of active residential listings, a year-to-year net advance of 13 units. The average active listed price year to date recorded a net advance of 32.3% from the same time range a year ago, advancing to $115,343. The average days on market for active home listings in Newlife was 58 days through the month of August, showing a 6.5% fall when compared to this reporting period one year ago. Home listings require less time to sell this year on average.

Statistics provided by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current Newlife real estate market info or to obtain a free no obligation evaluation of your current home, please call Sun City real estate agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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