Sun City Texas Home Sales Market Report July 2019

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

Sun City Texas Home Sales Market Report July 2019

Sun City Texas Home Sales Market Report July 2019

TEXT VERSION

 

July-19

July-18

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$184,000

$190,000

-3.2%

High

$449,500

$499,950

-10.1%

Average

$280,124

$295,294

-5.1%

Median

$253,000

$275,000

-8.0%

Units Sold

45

35

28.6%

Days on Market

79

59

33.9%

       

 

July YTD 19

July YTD 18

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$182,650

$175,000

4.4%

High

$920,000

$740,000

24.3%

Average

$301,064

$298,916

0.7%

Median

$281,200

$283,000

-0.6%

Units Sold

288

253

13.8%

Days on Market

83

55

50.9%

Data gathered from ACTRIS MLS August 2, 2019

Month of July 2019 – Another big month of sales. Unit volume of 45 homes sold is 28.6% ahead of one year ago. Sales price remains soft with Average Sale Price down 5.1% vs prior year. In fact, sale price was down in all categories, with the Median Sale Price down 8% compared to one year ago. Average Days on Market (ADOM) has improved, but 79 days is still 34% slower than last year. Looking ahead to August 2019, there are 71 re-sale homes currently contingent or under contract/pending. It seems inevitable that we will have another big month of sales volume in August. 

July YTD 2019 – July sales volume has helped push the total sales for the year to 288 units, a 13.8% increase over one year ago. Average Sale Price managed a fraction of a percent gain while Median Sale Price had a similar fraction of a percent decline vs. last year. Average Days on Market (ADOM) of 83 is still 51% longer than last year’s 55 days. If volume of sales continues, the demand will push sales prices higher, or shorten the time on market. Perhaps both will occur? 

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 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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Williamson County Georgetown Sun City
Groups:
ABR/REBAC
55+ Active Adult Community Specialists
55+ Active Adult Communities Specialists Public
HyperLocal Neighborhood and Community Posts
Small Business Spotlight

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
451,976

Brian Rugg

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

Additional Information