Sun City Shows 11% Drop in Active Homes For Sale

Sun City posted a total of 2,020 actively listed homes for sale in 2015 through the month of August. The 120,000-139,999 price range recorded one of the greatest numbers of homes for sale with 332 properties listed. The overall active listings inventory in Sun City recorded a 10.9% decline compared to the same period a year ago, which showed 2,267 houses for sale, a year-to-year decrease of 247. The area's average active list price year to date of $145,007 showed a gain of 6.4% above the average listed price of $136,256 from the same reporting period a year ago. The average days on market for active houses for sale in Sun City was 68 days through August, showing a 13.9% decrease from the average compared to the same period during 2014. Listings are on the market less time this year on average.

Houses Sold Gain 10%. By the end of August 2015, Sun City reported 1,500 home sales year to date. The average closed sales price of $133,054 recorded a rise of 7.2% from the same reporting period last year. Compared to the same time period last year, which showed 1,370 homes sold, Sun City posted a 9.5% advance in total amount of sold residential listings, showing a net increase 130 completed sales. Reporting 240 residential homes sold year to date, the 120,000-139,999 price range saw one of the greatest numbers of completed transactions.

Sam Lawmaster is a Sun City REALTOR who specializes in residential listings. Stats supplied by ARMLS and deemed reliable but not guaranteed; percentages rounded. To receive the most current local real estate market info or to obtain a complimentary evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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