Sun City Texas Real Estate Report & Home Sales Summary May 2019

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 May 2019

Presented by Rugg Realty LLC

Sun City Texas Real Estate Report & Home Sales Summary May 2019

TEXT Version

Sun City Texas Real Estate Report© & Home Sales Summary

May 2019 Results

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

 

May-19

May-18

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$190,000

$175,000

8.6%

High

$920,000

$580,000

58.6%

Average

$321,037

$315,851

1.6%

Median

$307,500

$292,000

5.3%

Units Sold

58

48

20.8%

Days on Market

82

49

67.3%

       

 

May YTD 19

May YTD 18

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$182,650

$175,000

4.4%

High

$920,000

$585,000

57.3%

Average

$305,745

$298,112

2.6%

Median

$290,000

$283,000

2.5%

Units Sold

195

179

8.9%

Days on Market

86

55

56.4%

Data gathered from ACTRIS MLS June 11, 2019

 

Month of May 2019 – Units sales took a big jump with 58 re-sale homes sold compare to 48 one year ago, a 21% increase. Average Sale Price is up 1.6% to $321k vs last year’s $316k. This improvement is skewed by the sale of a custom home at $920K help to lift the average. Median Sale Price was also up 5.3% to $307.5K suggesting overall market strength. However, on a cost per sq. ft basis, Average Sale Price was flat and Median Sale Price was down 3.4% to $160.6 per foot. Days on Market of 82 is still 67% higher than last year’s 49 days on average. Looking ahead to June 2019, there are 55 re-sale homes currently contingent or under contract/pending. 

May YTD 2019 – Another strong month has helped push unit sales total to 195 a 9% increase of prior year’s 179. Sale Price per square foot remain soft with Average Sales Price down 1.4% and Median Sale price down 3.1% to $161.6 & $158.0 respectively. With 42% of the year behind us, we are left with a mixed bag of increased sales, soft prices, and increased days on market. 

The Sun City Texas Real Estate Report is an analysis of sales activity for 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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Rainer
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Jun 11, 2019 08:07 PM #1
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