Sun City Texas Real Estate Report Oct 2023

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

Sun City Texas stats

 

Sun City Price per foot

 

Text Version

 Sun City Texas Real Estate Report© & Home Sales Summary

October 2023 Results

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

 

October-23

October-22

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$271,000

$290,000

-6.6%

High

$985,000

$785,000

25.5%

Average

$449,165

$485,029

-7.4%

Median

$414,250

$450,000

-7.9%

Units Sold

34

38

-10.5%

Days on Market

54

32

68.8%

       
 

Oct YTD 23

Oct YTD 22

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$271,000

$250,000

8.4%

High

$985,000

$869,990

13.2%

Average

$439,844

$479,335

-8.2%

Median

$401,500

$450,500

-10.9%

Units Sold

358

415

-13.7%

Days on Market

59

14

321.4%

Data gathered from ACTRIS MLS November 2, 2023

 

Month of Oct.– unit sales of 34 did not reach last year’s total of 38 as anticipated, reflecting a 10.5% decline. Average and Median Sale Price was down 7.4% and 7.9% respectively to $449.2 and $414.2 An interesting observation is that the month’s sale prices are ahead of the YTD results, as sign continued decline may be behind us. We also had a sale of a custom home helping to skew the numbers for the month. Days on Market were 54 vs 32 one year ago, a 69% increase. On a price per sq ft basis, prices continue to soften to $224.1/ft, a 12% decline on Average. Looking ahead to November 2023, there are 39 re-sale homes currently contingent or under contract/pending. We should exceed last November’s total of 27 units sold.

Oct. YTD – Units sales of 358 is 13.7% behind last year’s 415 results. Average Sale Price was down 8.2% to $439.9k. On a cost per sq ft basis Average Sale Price is down 10.3% to $232.3/ft.

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

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