April 21 Sun City Texas Real Estate Report by Rugg Realty

By
Real Estate Broker/Owner with Rugg Realty LLC Sun City Texas 512-818-6700 9000211

April 21 Sun City Texas Real Estate Report by Rugg Realty

Sun City Texas Real Estate Report

Text Version

April 2021 Results

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

 

April-21

April-20

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$226,000

$203,500

11.1%

High

$850,000

$575,000

47.8%

Average

$405,169

$298,469

35.7%

Median

$367,500

$280,000

31.3%

Units Sold

40

25

60.0%

Days on Market

10

53

-81.1%

       

 

April YTD 21

April YTD 20

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$200,000

$188,000

6.4%

High

$850,000

$909,000

-6.5%

Average

$362,213

$324,329

11.7%

Median

$335,500

$296,000

13.3%

Units Sold

155

141

9.9%

Days on Market

20

67

-70.1%

Data gathered from ACTRIS MLS May 3, 2021

 

Month of April 2021 – Big sales volume and big price increases across the board, sums up the month. Unit volume of 40 homes sold was a 60% increase over one year ago. Average Sale Price hit a new milestone of $405.2k exceeding $400K for the first time ever. On a cost per sq. ft. basis, we have also set a new high-water mark of $207/ft. ASP.  Median Sale Price was also up 31.3% to $367.5k over prior year’s mark of $280k. Entry Level homes been very active and increased 11.1% to $226.k as the least expensive home sold.  Day On Market is nearly meaningless with a 81% reduction in speed to just 10 Days on average. Perhaps we should begin reporting Hours On Market?  Looking ahead to May 2021, there are 65 re-sale homes currently contingent or under contract/pending. We will easily exceed last May’s total of 26.

April YTD 2020 – Unit volume of 155 exceed last year’s 141 results for a 10% increase. Average & Median Sale Price per foot are $192.6 and 192.1 respectively. Days On Market shrank to just 20 a 70.1% reduction.  Frankly, I have expecting this market to take a breather, nut there seems to be no end in sight.

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.  If you find this report of value, please Follow Us on Facebook.  For more information contact Brian Rugg, 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

Comments (1)

Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a terrific Sunday!

Oct 03, 2021 07:55 AM