Sun City TX Real Estate Market Report Feb '18

By
Real Estate Broker/Owner with Rugg Realty LLC Sun City Texas 512-966-3200 9000211

Sun City TX Real Estate Market Report Feb '18

provided by Rugg Realty.

Sun City TX Real Estate Market Report Feb '18

Text Version

 

Sun City Texas Real Estate Report© & Home Sales Summary

February 2018 Results

See online at http://www.ruggrealty.com/sun-city-tx-real-estate-market-reports/

 

 

February-18

February-17

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$194,000

$187,000

3.7%

High

$455,000

$417,000

9.1%

Average

$299,388

$263,531

13.6%

Median

$286,000

$245,225

16.6%

Units Sold

26

18

44.4%

       

 

Feb YTD 18

Feb YTD 17

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$191,000

$180,000

6.1%

High

$585,000

$527,000

11.0%

Average

$303,260

$295,450

2.6%

Median

$286,000

$261,000

9.6%

Units Sold

54

38

42.1%

Data gathered from ACTRIS MLS March 2, 2017

 

 

Month of February 2018 – Unit volume took a big jump in February over one year ago, up 44% based on 26 sales compared to 18 in Feb 2017. Average Sale Price also rebounded from last month to finish up 13.6%at $299.4k, and Median Sale Price was up 16.6% to $286K.   Entry level prices continue to climb, finishing the month 3.7% ahead of prior year, at $194k. High-end homes also had a strong month finishing 9.1% above last year at this time.  Looking ahead to March 2018, there are 43 re-sale homes currently contingent or under contract/pending compared to last year’s 34.  Sales in March 2018 is on pace to match or exceed last year’s unit volume.

 

February Year to Date – 54 homes sold in the first two months is a strong start up 42% over this time one year ago. Average Sale Price is also up 2.6%, breaking the through three hundred thousand price threshold finishing at $303,260.  Median Sale Price finished up 9.6% over prior year.  One must not draw long range conclusions for the entire year, but no question the market has strength.  Homes are selling when priced correctly, and little weakness is seen.

 

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.  Its use is not intended to value a specific property or predict future valuations.  For more information contact Brian@RuggRealty.com or call 512-818-6700.

 

 

 

Posted by

 

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.RuggRealty.com

Brian@RuggRealty.com

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