Sun City Grand Home Inventory Cut in Half
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Sun City West sees Upward trend in home sale prices & dip in contracts
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15232 W Via Manana, Sun City West AZ 85375
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Sun City Grand Home Inventory Cut in Half
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Sun City Grand Home Inventory Cut in Half

  • Sun City Grand Home Inventory Cut in Half

Sun City Grand Market Report February 2018

Sun City Grand Home Inventory Cut in Half

Sold listings in Sun City Grand were up 39.5% in January. That’s 60 homes sold compared to 43 last year at this time.  The result was low inventory, in fact, the absorption rate was cut more than in half. 2.18% versus 4.55% in 2017. Average days on market saw a large decrease too, from 84 days last year to just 56 this year in January.  Pending homes were down -18.8% and active listing down -32.3%. Few new listing have come on the market so we can expect inventory to stay low.

Absorption Rate/Months of Inventory: An Estimate of how fast listings are currently selling measured in months. For example, if 50 properties sell per month and there are 100 properties for sale- there is a 2 month supply of inventory before counting the additional properties that will come on the market.
  • Sun City Grand Home Inventory Cut in Half

Currently there are 145 homes for sale and 53 pending in Sun City Grand. On average homes are selling for 95.9% of asking price. Sun City Grand is in a strong seller’s market.

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