July 2021 Sun City Texas Real Estate Report

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

July 2021 Sun City Texas Real Estate Report

July 21 report

Text Version

July 2021 Results

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

 

July-21

July-20

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$265,000

$205,000

29.3%

High

$750,000

$642,500

16.7%

Average

$474,855

$325,600

45.8%

Median

$450,000

$302,500

48.8%

Units Sold

43

54

-20.4%

Days on Market

9

51

-82.4%

       

 

July YTD 21

July YTD 20

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$200,000

$188,000

6.4%

High

$925,000

$909,000

1.8%

Average

$391,286

$320,561

22.1%

Median

$365,000

$294,500

23.9%

Units Sold

333

258

29.1%

Days on Market

13

60

-78.3%

Data gathered from ACTRIS MLS August 3, 2021 

Month of July 2021. Unit sales of 43 was 20.4% behind last year’s total of 54. Prices exploded this month with the Average Sale Price and the Median Sale Price increasing 45.8% & 48.8% respectively. On a cost per sq ft basis, Average Sale Price was up 35.5% to $227.4 /sq. ft. Days on Market remains in the single digits at 9 days.    Looking ahead to August 2021, there are 50 re-sale homes currently contingent or under contract/pending. We are on pace to exceed last Aug. total of 39.

July YTD 2021 Unit Volume is 333 homes sold vs 258 on year ago, a 29.1% increase. Sale Prices continue to rise with Average Sale Price reaching $391.3k a 22% increase over prior year. On a cost per square foot basis, the increases are similar, reaching $206.3/ sq. ft., a 23.1 percent increase vs. one year ago. The migration trend from other parts of the country to Texas is very strong. If this migration continues, our market will fundamentally change forever.

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 (2)

Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

Good morning Brian.  These prices are going crazy!  This is such great information and I really like the format you used for these numbers.  If I have anyone looking in your area, I will definitely give you a call.  Have a great day!

Aug 13, 2021 05:09 AM
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 07:54 AM