Low End Home Price Point Rises in Sun City West

sun city west real estate market report

Sun City West Market Report February 2018

Low End Home Price Point Rises in Sun City West

 In 2018 the price point for the low-end homes in Sun City West is shifting.  You used to be able to find condos (apartment style flats) for under $100,000. There have been no homes or condos listed below $119,000 so far this year. Will be interesting to see if this low price point extends through 2018.  Absorption rate continues to be very low with only 1.76 months inventory in January. Last year at this time there was 2.33% month’s inventory. That’s a -24.46% decrease. Sold listings and active listings were both down close to -14%. Average days on market did increase to 51 days verses 48 last January.

Currently, in February, there are 223 homes for sale and 93 pending in Sun City West. On average homes are selling for 96.7% of asking price.  Sun City West is in a very strong seller’s market.

Sun City West Real Estate Trends for January

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

If you enjoyed this Sun City West Market Report on Low End Home Price Point Rises in Sun City West you also might like

Sun City West Year End Market Report 2017

New Listings Down 28 Percent in Sun City West

Are you a seller wondering what your Sun City West home is worth?

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