Sun Lakes Properties Sold See 13% Rise

Sun Lakes Arizona reported a total of 490 property sales year to date through the end of August 2015. The average closed sales price of $236,921 posted a rise of 3.0% from this time range in 2014. When compared to the same reporting period last year, which recorded 434 sold homes, Sun Lakes experienced a 12.9% advance in overall volume of sold listings, a year-to-year increase 56 closed transactions. Reporting 100 properties sold year to date, the 200,000-249,999 price bracket posted one of the largest numbers of completed sales.

Property Listings Increase 11%. Through August 31, 2015, Sun Lakes posted a total of 807 active home listings for sale during this year. With 165 houses for sale the 300,000-399,999 price category posted one of the greatest numbers of properties listed. Compared to this reporting period a year ago, which showed 727 homes for sale, Sun Lakes had an 11% rise in the total inventory of active listings, showing a net gain of 80 homes. The area's average active list price year to date of $257,625 posted an increase of 3.7% over the average listed price of $248,366 from this time range last year. Listed for sale homes are taking longer to sell this year on average. When compared to this time range during 2014, the average days on market for active listings in Sun Lakes was 80 days, a rise of 21.2%.

Sam Lawmaster is a Sun Lakes REALTOR and listing specialist. Info supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most recent local real estate info or to request a free evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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