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Sun City West Arizona Real Estate Market Update

 

 Sun City West Real Estate Resale Market Report for the Week Ending September 27, 2009:

  • Total Listings:  362
  • Total Golf Course Property Listings: 50
  • Total Non-Golf Course Property Listings: 312
  • Under Contract:  15
  • Closed Transactions: 15
  • Absorption Rate (Weeks of Inventory) 34

Sun City West inventory of homes on the market has been steadily increasing since July, 2009. Historically, inventory decreases during the summer and increases in the fall and spring when the snow birds return.  Unlike many other communities, short sales and foreclosures are not the driving force to the increase in inventory.

As of September 27, there are presently 12 homes active listings of lender owned/forecosued properties in Sun City West.  9 properties are awaiting bank approval and close of escrow. 

There are 15 active short sale listings. 3 short sale listings are awaiting bank approval/financing, and 29 short sale properties have closed in escrow since September 27, 2008.  There has been an increase of new short sales however it precededs with an increase of short sales that have been successfully accepted and closed in escrow.

To search Sun City West  real estate homes for sale including Foreclosures and Short Sales go to http://LEOLINDA.com. Search recent home sales in Sun City West. See other Arizona golf course retirement communities including Sun City Grand, Sun Village, Arizona Traditions, Westbrook Village, Trilogy at Vistancia, Pebble Creek and Sun City Festival at http://LEOLINDA.com.

 

I live here, I work here, I know this community!

LEOLINDA BOWERS
ASSOCIATE BROKER
KEN MEADE REALTY
CELL (602) 403-6865
BUSINESS (623) 937-5701

 

 

 

© 2009 Leolinda Bowers (Arizona Retirement Communities, Sun City West & Sun City Grand Real Estate). Unless otherwise noted, the content, both pictures and written, is the property of Leolinda Bowers.  Reproduction in part or whole without written permission from the publisher is prohibited.

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