Sun City Grand Sees Home inventory jump 43% in October 2016

Sun City Grand Sees home inventory Jumps 43% in October

Currently the real estate market in Sun City Grand Retirement Community is slanted towards a seller's market. There was a fair amount of activity during the off season when the snowbirds were gone and now as they return busier than usual. Currently, in October, there are 157 homes for sale compared to 90 last year.  That's a 43% increase over last year. More sellers are putting their homes on the market sooner with the hot seller’s market in Sun City Grand. There is 2.88 months of inventory which is low as 4.0 months of inventory is considered a balanced market between buyers and sellers. The average price of a single family home is $268,195. Average days on market in September was 117 days with homes selling on average for 97.5% of asking price. Homes in Sun City Grand have appreciated +5.40% over the past 12 months.  Even though sellers have come into the market early this year inventory is still low.  Sun City Grand remains a seller’s market.   Let me know if you would like a home value report.


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