Home Values Up Over 5 Percent in Sun City West

sun city west real estate market report

November Home Values Up Over 5 Percent in Sun City West

(Sun City West Real Estate Market Report December 2017)

Sun City West Statistics December 2017

Active Listings188
Pending Listings50
Sold Listings (Nov)101
Average Price Per Sq Ft (Nov)$137.00
Average DOM (Nov)48
Months of Inventory (Nov)1.52
Sold to List Ratio (Nov)97.5%

Sun City West Sold Listings by Price Range 2017

  • $90k-$100k: 12 props
  • $100k-$120k: 26 Props
  • $120k-$140k: 54 props
  • $140k-$160k: 128 props
  • $160k-$180k: 217 Props
  • $180k-$200k: 190 Props
  • $200k-$250k: 353 Props
  • $250k-$300k: 185 Props
  • $300-$400: 95 Props
  • $400-$500k: 23 Prop's
  • $500-$550k: 2 Prop's

December Housing Numbers in Sun City West

In December there are currently 188 homes for sale in Sun City West with 50 homes pending under contract. Two thirds of the homes on the market are priced at $301k and under. In November 101 homes sold which is right in line with last year with 96 homes selling. Appears the Thanksgiving holiday didn’t slow buyers down. The average price per sq. ft. was $137. Average days on market was 48. This is up from 12 month low in October with 39 days. Low inventory continues with only 1.52 months of inventory. Homes sold for 97.5% of asking price.

Current Real Estate Trends in Sun City West

Good news for sellers and homeowners. Home values in Sun City West are up over 5 % in the last 12 months. If you really want to know, 5.26 percent is the magic number. Active Listings are down year to date -3.6% and new listings are down -4.9. Further evidence of low inventory.  Of note, there have been no homes priced under $90k for sale this year. The price ranges that have seen the biggest increases have been the $250k-$300k at 44% and the $400k-$500k at 43%. Sun City West is in a strong seller’s market.

 

Sun City West Real Estate Trending over the last 12 months

Sold Listings Up
Pending Listings Up
Active Listings Down
New Listings Down

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Sharon
Sharon

Sharon Rowlson is a Realtor specializing in Retirement Communities in Phoenix Arizona. Her real estate focus is Active Adult Communities in the West Valley of Phoenix. The 55 plus communities she works in include popular Phoenix Arizona Retirement Communities like Sun City, Sun City West, Sun City Grand, Sun City Festival, PebbleCreek, Corte Bella Country Club, Arizona Traditions, CantaMia, Trilogy at Vistancia and Victory at Verrado. Contact Sharon anytime.

Sharon Rowlson, REALTOR®

Specializing in Phoenix Arizona Active Adult Retirement Communities
HomeSmart International Elite Group
P: (623) 552-0228
sharon@retireaz-resortstyle.com