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By SAM LAWMASTER, REALTOR 11/15/2016 7:00 AM MST
By the end of October 2016, Sun City showed 2,396 active residential listings year to date. Reporting 359 homes for sale, the 120,000-139,999 price category 0properties. In comparison to the same period in 2015, which showed 2,456 residences for sale, Sun City experienced a 2.4% decline in the total amount of active residential listings, a year-to-year net reduction of 60. The area's average active listed price year to date of $163,769 gained 11.8% over the average list price of $146,519 from this period in 2015. Listed homes for sale are taking less time to sell this year on average. In comparison to this period one year ago, the cumulative days on market (CDOM) for active homes for sale in Sun City was 59 days, a reduction of 9.2%.
Sun City AZ posted a total of 1,804 residential home sales year to date through October 31, 2016. The average price of $149,300 posted a net increase of 11.6% from the same time range in 2015. In comparison to the same time range in 2015, which showed 1,776 homes sold, Sun City posted a 1.6% gain in total volume of sold residential listings, a net increase 28 closed sales transactions. Reporting 299 residences sold year to date, the 120,000-139,999 price bracket recorded one of the highest numbers of completed transactions.
Statistics provided by Arizona Regional Multiple Listing Service and deemed reliable but not guaranteed; percentages rounded. For the most recent local real estate market info or to request a free no obligation evaluation of your current home, please contact Sun City real estate agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or TheLawmasters@gmail.com.