Special offer

Sun City Texas Market Report & Home Sales Summary Feb. 2024

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

Sun City Texas Market Report & Home Sales Summary Feb. 2024

February 2024 Results

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

 

February-24

February-23

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$264,500

$315,000

-16.0%

High

$765,000

$759,000

0.8%

Average

$431,659

$466,327

-7.4%

Median

$387,500

$417,500

-7.2%

Units Sold

41

30

36.7%

Days on Market

67

54

24.1%

       

 

Feb YTD 24

Feb YTD 23

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$264,500

$304,000

-13.0%

High

$765,000

$770,000

-0.6%

Average

$434,557

$470,271

-7.6%

Median

$400,000

$425,000

-5.9%

Units Sold

67

47

42.6%

Days on Market

73

55

32.7%

Data gathered from ACTRIS MLS March 2, 2024

 

Month of Jan. 2024 – Units sales of 41 are 11 more than last year’s 30 sales, a 37% increase. Average & Median Sale Price are down 7.4% and 7.2% respectively vs one year ago. On a cost per sq ft basis, Average is $217.4/ft. See attached chart. Days on Market of 67 compared last month’s 84 days showing the pace of the market is speeding up. Looking ahead to March 2024, there are 46 re-sale homes currently contingent or under contract/pending. We will easily reach last March’s total of 37. 

Feb YTD 2024 Strong unit sales for the first two months have resulted in 67 units sold compared to 47 one year ago, a 43% increase. The Average Sale Price of $434.6 is a 7.6% decrease from prior year. I cannot help but believe with strong demand and the pace of the marketing speeding up, we have seen the end of price decline. Time will tell.

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

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

Thanks for sharing, make it a great Sunday and enjoy your weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

Mar 03, 2024 04:47 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for sharing this report.  Well done and informative.

Mar 03, 2024 08:03 AM
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.

 

Mar 12, 2024 08:50 AM