Sun City Texas Real Estate Report©& Home Sales Summary March 2013
Text Version
March 2013 Results
See online at www.SunCityTexasRealEstateReport.com
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|
March-13 |
March-12 |
|
|
Summary |
Sale Price |
Sale Price |
Change from prior year |
|
Low |
$134,650 |
$119,950 |
12.3% |
|
High |
$405,000 |
$395,000 |
2.5% |
|
Average |
$226,907 |
$216,765 |
4.7% |
|
Median |
$211,000 |
$204,500 |
3.2% |
|
Units Sold |
44 |
41 |
7.3% |
|
|
Mar YTD 13 |
Mar YTD 12 |
|
|
Summary |
Sale Price |
Sale Price |
Change from prior year |
|
Low |
$126,000 |
$110,000 |
14.5% |
|
High |
$438,500 |
$395,000 |
11.0% |
|
Average |
$224,067 |
$202,708 |
10.5% |
|
Median |
$209,900 |
$185,500 |
13.2% |
|
Units Sold |
103 |
70 |
47.1% |
Data gathered from ACTRIS MLS April 7, 2013
Formatting Note: High & Low sales have exchanged places within the chart compared to previous months’ format.
Month of March 2013 –Volume of sales is up, sales prices are up, and inventory is at an all time low. That is what is happening in Sun City Texas in a nutshell! Regardless of how one slices it, this market is making up for lost time from the past several years of softer sales and no price escalations. Entry-level homes continue to be a hot spot and we see strength in high-end home sales too. With 45 Pending Sales on the books, April will be another strong month.
Year To Date March 2013 – With 103 total re-sales for the first quarter, this exceeds a rate of one sale per day and a 47% increase over this time last year. Sales prices are also up in all categories demonstrating the strength and depth of the market. Inventory of re-sale homes is still low with just 73 available. It may be too early to predict, but unless we see an increase in inventory to satisfy the demand, the absolute number of homes sold could be reduced.
The Sun City Texas Real Estate Report is an analysis of sales activity for use by consumers who have an interest in Sun City Texas home values. It is not intended for use to value a specific property or predict future valuations. For more information contact Brian@RuggRealty.com or call 512-966-3200.
If you are considering an Active Adult lifestyle in a 55+ Community and want to learn more about the advantages of the Del Webb masterpiece called Sun City Texas located in Georgetown, Texas 78633, give Brian Rugg of Rugg Realty a call. Rugg Realty specializes in Sun City Texas real estate helping buyers purchase a new home directly from Del Webb and re-sale homes from private owners. We act as you buyer agent making certain you are properly represented and the seller pays our fee.
If you are selling a home in Sun City Texas, contact Brian Rugg for a no nonsense market analysis and selling plan for your home. Call Brian at 512-966-3200, e-mail Brian@RuggRealty.com or visit www.SunCityTXRealEstate.com.
Rugg Realty LLC is an independent real estate broker serving Sun City Texas and although not affiliated with Del Webb, works closely with their sales staff to assure your complete satisfaction.
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