March '18 Sun City Texas Real Estate Report & Home Sales Summary

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

March '18 Sun City Texas Real Estate Report &

Home Sales Summary

March '18 Sun City Texas Real Estate Report & Home Sales Summary

 

Text Version

Sun City Texas Real Estate Report© & Home Sales Summary

March 2018 Results

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

 

March-18

March-17

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$197,950

$172,000

15.1%

High

$440,000

$490,000

-10.2%

Average

$281,660

$303,582

-7.2%

Median

$270,000

$284,000

-4.9%

Units Sold

39

35

11.4%

       

 

March YTD 18

March YTD 17

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$191,000

$172,000

11.0%

High

$585,000

$527,000

11.0%

Average

$295,741

$299,349

-1.2%

Median

$279,500

$270,000

3.5%

Units Sold

96

73

31.5%

Data gathered from ACTRIS MLS April 4, 2018

 

 

Month of March 2018 – 39 homes sold in March which is 11.4% ahead of last year’s performance of 35 units. Sale Price was down in all categories except entry level homes, which finished 15% ahead of one year ago. Average Sale Price was down 7.2% to $281,660. This is more of an issue with the “mix” of properties sold, rather than a fundamental market shift. If one looks at the cost per sq. ft. the average was up 2.4% to $164.2. Please see companion report for more detail. Looking ahead to April 2018, there are 45 re-sale homes currently contingent or under contract/pending compared to last year’s 26. Sales in April 2018 is on pace to exceed last year’s unit volume.

 

March Year to Date – Q1 is now finished and things are off to a robust start. Unit volume of 96 homes sold is 31.5% ahead of prior year. Sale price finish the quarter up in all categories except Average Sale Price, which was down 1.2%. Median Sale Price finished up 3.5%. The market fundamentals all look strong.

 

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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Rainmaker
621,113
Pat Champion
Coldwell Banker Camelot Realty - Mount Dora, FL
Call the "CHAMPION" for all your real estate needs

Great update for your market area. Thanks for sharing I hope you enjoy the weekend.

Apr 07, 2018 07:22 AM #1
Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

looks like there is lots going on in Sun City Texas.  I hope that some of those sales are yours 

Apr 07, 2018 07:42 AM #2
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Brian Rugg

Sun City TX Real Estate - Georgetown, TX Real Est
Everything a Sun City TX Buyer Wants To Know
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