October Home Sales Results for Sun City Texas Georgetown TX

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

Sun City Texas Real Estate Report© & Home Sales Summary

October 2018 Results

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

Sun City Texas home sales summary October 2018

Sun City Texas October 2018 cost per square foot

 

 

October-18

October-17

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$187,000

$187,000

0.0%

High

$536,000

$520,000

3.1%

Average

$297,653

$277,168

7.4%

Median

$279,000

$263,500

5.9%

Units Sold

34

38

-10.5%

Average Days On Market

60

55

9.1%

       

 

Oct. YTD 18

Oct. YTD 17

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$175,000

$166,500

5.1%

High

$740,000

$1,100,000

-32.7%

Average

$302,022

$299,944

0.7%

Median

$285,250

$266,000

7.2%

Units Sold

352

364

-3.3%

Average Days On Market

57

54

5.6%

 Data gathered from ACTRIS MLS November 2, 2018 

Month of October 2018 – Unit volume sold of 34 vs 38 one year ago is a 10.5% decrease. Sale prices were stronger than anticipated with the Average up 7.4% and the Median up 5.9%.  Entry level sale price was flat and high-end sale price was up 3.1% over prior year. This report typically does not report the “Days On Market (DOM)”. However, this month’s average DOM is 60 compared to just 55 days one year ago. DOM may become a regular part of this report as it is a handy metric on how the market is performing. Looking ahead to November 2018, there are 39 re-sale homes currently contingent or under contract/pending compared to last year’s 30.  Sales in November 2018 has a very good chance to meet or exceed last year’s unit volume. 

October Year to Date – October is the sixth consecutive month where the unit volume in 2018 failed to reach the unit volume of the same time in prior year.  This contrasts with the first four months of 2018 where the unit volume sold each month, exceeded the prior year’s results. Overall volume of 352 sales is 3.3% behind last year’s mark of 364. Average Sale Price is essentially flat with prior year at $302K and Median Sale Price is up 7.2% finishing at $285.2K

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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