Sun City Texas Real Estate Report - Full Year 2013
Text Version
Sun City Texas Real Estate Report© & Home Sales Summary
December 2013 Results
See online at www.SunCityTexasRealEstateReport.com
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December-13 |
December-12 |
|
|
Summary |
Sale Price |
Sale Price |
Change from prior year |
|
Low |
$166,000 |
$145,000 |
14.5% |
|
High |
$496,000 |
$625,000 |
-20.6% |
|
Average |
$244,683 |
$246,183 |
-0.6% |
|
Median |
$218,900 |
$221,265 |
-1.1% |
|
Units Sold |
24 |
34 |
-29.4% |
|
|
Dec YTD 13 |
Dec YTD 12 |
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Summary |
Sale Price |
Sale Price |
Change from prior year |
|
Low |
$126,000 |
$110,000 |
14.5% |
|
High |
$750,000 |
$625,000 |
20.0% |
|
Average |
$235,445 |
$213,220 |
10.4% |
|
Median |
$219,975 |
$193,750 |
13.5% |
|
Units Sold |
454 |
402 |
12.9% |
Data gathered from ACTRIS MLS January 2, 2014
Month of Dec. 2013 – Results are a mixed bag, but mostly in the negative territory. Entry-level properties continued to be strong, posting a $166k for the lowest price sold, a 14.5% increase over one year ago. However, all other categories failed to reach last year’s marks. The bellwether indicators of average and median sales prices were down .6% and 1.1% respectively. Volume of units sold was also down to 24 vs. 34 in prior year, a 29% decrease. These results are not alarming, but bear watching in the coming year. There are 26 homes under contact pending close compared to last year’s 31 sales in Jan. 2014
Year To Date Dec. 2013 – The relatively soft performance for the month has not tarnished the outstanding year to date numbers. All categories are up by double digits, with average sales prices up 10.4% over prior year. My year-end prediction of 450 units sold was exceeded by 4 units.
See special supplement report concerning Sun City’s new tax on home sales beginning 1/1/2014.
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.
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