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Sun City Texas Real Estate Report Dec 2023 by Rugg Realty

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

Sun City Texas Real Estate Report

Dec 2023 by Rugg Realty

Text Version

December 2023 Results

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

 

December-23

December-22

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$252,500

$295,250

-14.5%

High

$750,000

$690,000

8.7%

Average

$435,383

$438,669

-0.7%

Median

$427,500

$417,000

2.5%

Units Sold

30

27

11.1%

Days on Market

65

48

35.4%

       

 

Dec YTD 23

Dec YTD 22

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$252,500

$250,000

1.0%

High

$985,000

$869,990

13.2%

Average

$437,402

$476,542

-8.2%

Median

$401,500

$450,000

-10.8%

Units Sold

422

469

-10.0%

Days on Market

60

17

252.9%

Data gathered from ACTRIS MLS December 3, 2023 

Highlights for Month of Dec.

  • Unit volume is up more than 11% vs last year.
  • Average Sale Price nearly even with one year ago down less than 1%.
  • Median Sale price actually rose 2.5%.
  • Days on Market continue to slow to 65 days.
  • There are 34 re-sale homes under contract. We will exceed last January’s total of 17 units sold.

Highlights for Dec. YTD

  • 422 Properties sold is just 10% behind last year’s 469 volume.
  • Both Average & Median Sales prices are down 8% & 11% respectively.
  • High watermark for the year of $985k was a custom-built home.
  • 105 Homes in inventory, sales averaging 35 properties a month, means 3 months of inventory.
  • Average Square foot price for 2023 is $225.5/ft.

 

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)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Brian Rugg this is good information for both Buyers and Sellers in your area.

Jan 03, 2024 02:21 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks for sharing your market report with us here in the Rain. It's always interesting to see how other areas of the country are doing.

 

Jan 10, 2024 09:20 AM