September 2022 Sun City Texas Real Estate Report

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

September 2022 Sun City Texas Real Estate Report

September 2022 Sun City Texas Real Estate Report

September 2022 Sun City Texas Real Estate Report

TEXT Version

  Sun City Texas Real Estate Report© & Home Sales Summary

September 2022 Results

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

 

September-22

September-21

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$326,000

$235,000

38.7%

High

$847,500

$732,500

15.7%

Average

$459,686

$439,556

4.6%

Median

$398,500

$407,000

-2.1%

Units Sold

29

39

-25.6%

Days on Market

31

12

158.3%

       

 

Sept YTD 22

Sept YTD 21

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$250,000

$200,000

25.0%

High

$869,990

$925,000

-5.9%

Average

$478,867

$400,787

19.5%

Median

$450,750

$375,000

20.2%

Units Sold

376

428

-12.1%

Days on Market

12

12

0.0%

Data gathered from ACTRIS MLS Oct. 4, 2022

 

Month of September 2022. Unit sales of 29 was 10 units lower than last year, a 25.6% decline. Median Sale Price edged lower to $398.5k a 2.1% decline compared to prior year. Average Sale Price managed a 4.6% increase to $459.7k. On a Price Per Square Foot basis (see attached page) Both Average & Median Sale Price was up to $256 & $259, respectively. Days On Market is has increased to 31 days and the 87 home of current inventory has been on the market an average of 47 days. Looking ahead to October 2022, there are 35 re-sale homes currently contingent or under contract/pending. We are on pace to fall well below last October’s total of 49.

September YTD The market seems to be finding some equilibrium.  Inevitably, the volume of sales is down, and prices are softening as one would expect. However, prices compared to just one year ago remain positive. Uncertainty is still quite prevalent, with swings in the stock market, threats of nuclear weapons use are wild cards we cannot predict.

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.

 

 

 

 

 

 


 

 

Sun City Texas Sale $ / Sq Ft Sept. 2022
   
 

September-22

September-21

     

Summary

Sales Price / Sq Ft

Sales Price / Sq Ft

Change from prior year

   

Low

$196.1

$175.7

11.6%

   

High

$291.8

$336.3

-13.2%

   

Average

$255.9

$233.5

9.6%

   

Median

$258.9

$234.0

10.7%

   

Units Sold

29

39

-25.6%

   
           
 

Sept YTD 22

Sept YTD 21

     

Summary

Sales Price / Sq Ft

Sales Price / Sq Ft

Change from prior year

   

Low

$183.0

$133.6

36.9%

   

High

$341.4

$336.3

1.5%

   

Average

$259.3

$211.4

22.7%

   

Median

$258.8

$211.4

22.5%

   

Units Sold

376

428

-12.1%

   

 

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 (3)

Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Hi,

Enjoyed your blog page, and I added you as a

friend. I would love the follow back. Bill

Oct 06, 2022 12:37 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing your market update with us. Buyers & sellers in your area would benefit from your services. Have a great day!

 

Oct 11, 2022 01:49 PM