Sun City Grand Homes Sold on/off the Course, Foreclosures, Short Sales
Week Ending July 17, 2011
This week's graph picture was provided by Sun City Grand residents, a foursome who played a round of golf last week in 112 degree weather. They teed off at 7am at Copper Canyon in Sun City Festival. The golfers experienced mountain, desert and water views from almost every hole.
- Under Contract in this week in Sun City Grand: 9
- Closed Transactions this week in Sun City Grand: 4
- New Listings this week in Sun City Grand: 4
- Total Sun City Grand Homes under Contract (Pending Close of Escrow): 43
- Absorption Rate 27 weeks (Number of Weeks to Sell the Existing Inventory)
- Total Sun City Grand listings on MLS this week: 163
The number of active listings continue to decrease with sales increasing. In February 2011 there was twice as much inventory. The present inventory levels were last seen in August 2009. Supply has definitely dwindled and demand is increasing.
163 Active Listings Price Range
SHORT SALES & FORECLOSURES
- There are 7 active short sale properties listed on MLS in Sun City Grand. 6 properties are waiting bank approval. 13 short sale properties have sold and closed since July, 17, 2010.
- There is 1 active foreclosed (lender owned, auction & HUD) properties presently listed on MLS in Sun City Grand. There are 2 foreclosed properties pending in escrow. 25 foreclosed (lender owned, auction & HUD) properties have sold and closed since July 17, 2010.
As of today, there are an additional 17 Sun City Grand homes not listed on MLS that are scheduled for trustee foreclosure sale.
If you are in the market to buy or sell a home in one of the Arizona West Valley retirement golf communities, please call me or visit my website at http://LEOLINDA.com. You will find information on Sun City Grand Arizona floor plansandyou can find homes just listed in Sun City Grand, buyers and sellers can search Sun City Grand homes for sale by floor plans.
Homeowners and potential residents can find community information, homes for sale, community information and resales in the Arizona retirement communities of Sun City West, Corte Bella, Arizona Traditions, Sun City Festival, Sun Village, Pebble Creekand Trilogy at Vistancia.
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Please call me if you are looking to buy or sell a home in any golf community in Arizona. I am an Associate Broker Realtor®, a year-round Sun City Grand resident and a Sun City West homeowner.
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