November 2021 Sun City Texas Real Estate Report
by Rugg Realty
Text Version
Sun City Texas Real Estate Report© & Home Sales Summary
November 2021 Results
See online at www.SunCity https://www.ruggrealty.com/sun-city-tx-real-estate-market-reports/
|
November-21 |
November-20 |
|
Summary |
Sale Price |
Sale Price |
Change from prior year |
Low |
$272,500 |
$202,950 |
34.3% |
High |
$849,000 |
$459,500 |
84.8% |
Average |
$457,546 |
$326,545 |
40.1% |
Median |
$428,250 |
$324,950 |
31.8% |
Units Sold |
51 |
48 |
6.3% |
Days on Market |
14 |
24 |
-41.7% |
Nov YTD 21 |
Nov YTD 20 |
||
Summary |
Sale Price |
Sale Price |
Change from prior year |
Low |
$200,000 |
$188,000 |
6.4% |
High |
$925,000 |
$1,275,000 |
-27.5% |
Average |
$409,204 |
$323,388 |
26.5% |
Median |
$382,825 |
$300,000 |
27.6% |
Units Sold |
528 |
445 |
18.7% |
Days on Market |
12 |
49 |
-75.5% |
Data gathered from ACTRIS MLS Dec 3, 2021
Month of November 2021.Unit volume of 51 was a pleasant surprise vs last year’s volume of 48, a 6.3% increase. Sale prices continue to climb with Average reaching $457.5 and Median reaching $428.2, a 40% and 32% increase, respectively. On a cost per sq ft basis, things were a bit tamer with Average Sale Price up 34.2% to $235.5 per ft. and Median Sale Price up 32.3% to $236.2/foot. Days on Market crept up to 14 days, but still 10 days faster that one year ago. There are 22 re-sale homes for sale as of this writing. Looking ahead to December 2021, there are 47 re-sale homes currently contingent or under contract/pending. We are on pace to fall short of last Dec. total of 63.
November YTD 2021. Unit volume of 528 vs 445 in prior year is a 18.7% increase. Average Sale price and Median Sale Price are up 27% to $216.1 & $214.6, respectively. As we grow closer to the end of the year, is clear that if you owned a property in Sun City Texas, it has increased at least 27% in value over the past year. One more month to go. I can’t wait!
The Sun City Texas Real Estate Report is an analysis of sales activity for consumers who have an interest in Sun City Texas home values. Its use is not intended to value a specific property or predict future valuations. If you find this report of value, please Follow Us on Facebook. For more information contact Brian Rugg, 512-818-6700.
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