Sun City West Increases 9.1% in Active Houses For Sale Prices

Sun City West, AZ saw 1,619 active residences for sale in 2015 through the month of October. Reporting 329 houses for sale the 200,000-249,999 price category saw one of the highest numbers of listings. When compared to the same time period in 2014, which posted 1,656 houses for sale, Sun City West reported a 2.2% drop in the overall inventory of active residential listings, a year-over-year net decline of 37. The average active listed price year to date of $223,017 was 9.1% higher than the average price of $204,418 from the same time range one year ago. The cumulative days on market (CDOM) for active listings in Sun City West was 62 days through October 31, showing a 13.9% decrease from the average compared to the same time range in 2014. Home listings appear to be taking less days to sell this year on average.

Houses Sold Increase 7%. By the end of October 2015, Sun City West showed 1,170 residences sold year to date as the average price of $197,658 posted a net increase of 6.4% from the same reporting period a year ago. Compared to this time period in 2014, which reported 1,096 sold properties, Sun City West showed a 6.8% advance in overall volume of sold listings, a year-to-year net rise 74 closed sales. The 200,000-249,999 price bracket reported one of the highest numbers of completed sales this year at 229 completed transactions.

Sam Lawmaster is a Sun City West REALTOR who specializes in residential listings. Market statistics provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most current local real estate market info or to request a complimentary evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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