Sun City Texas Real Estate Report - Full Year 2013

Reblogger
Services for Real Estate Pros with President of Retirement Media Inc.

The Sun City Texas Real Estate Report

A very good summary report of how 55+ home sales did for the month and the full year of 2013 in Sun City Texas 55+ community. See Brian at Rugg Realty for more information.

Original content by Brian Rugg 9000211

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

 

 

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

 

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.

 

 

 

 

Brian Rugg

Rugg Realty, Sun City Texas, Georgetown TX

Serving consumers interested in Sun City Texas New & Resale Homes For Sale and Home Owners Interested in Selling Their Sun City Texas Home.

Sun City Texas Real Estate. Sun City Texas MLS Search. Sun City Texas by Del Webb. Sun City Texas New Homes, Sun City Texas Resale Homes

www.SunCityTexasHomesForSaleOnline.com

Brian@RuggRealty.com

Comments (3)

Yolanda Cordova-Gilbert
Richmond, TX

Robert,

 It will be interesting to see how the New Year shakes out...their was a definite slow down in the fall but it has been pretty strong late in the year.

Jan 04, 2014 07:36 AM
Brian Rugg
Rugg Realty LLC Sun City Texas 512-818-6700 - Georgetown, TX
Sun City TX Real Estate - Georgetown, TX Real Est

Hello Robert:  Thanks for the re-blog and the plug.  I will be sending you more of these reports soon

Jan 05, 2014 02:30 AM
Robert Fowler - 55CommunityGuide.com
President of Retirement Media Inc. - Braselton, GA
55+, Active Adult and Retirement Communities

Brain always happy to pass along good information. Please put your free community listing for this community on 55 Community Guide. Just click "advertise with us" link on the top of any page.

Jan 05, 2014 08:13 AM

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