Here are some fun & interesting facts about Sun City Texas located in Georgetown, TX as presented by Ann Dodson, Director of Finance, at the June 2019 Neighborhood Representative Organization meeting –

 

  • Sun City Texas 2019 revenue = $18 million (53% from HOA dues)
  • Sun City Texas 2019 expenses: $18 million (net zero break even)
  • Total Sun City Texas fund balance = $24 million
  • Current homes in Sun City Texas = 8,075
  • 4,084 homes have their original owners
  • Projected year build-out to 10,000 homes is 2026
  • Avg. new home sales per last 5 years = 267
  • Avg. resales per last 5 years = 444
  • Avg. resale home price = $300k
  • Avg. resident age = 74
  • Avg. length of residency = 8 years
  • 15,000 residents live in Sun City Texas
  • 300 homes are being rented
  • Total number of neighborhoods = 70
  • Neighborhood with the most resales = N24 (232)
  • Neighborhood with the most rentals = N24 (37)
  • Books & videos in the Sun City Texas library = 13,000+
  • Avg. fitness center daily attendance = 1,100
  • Sun City Texas Lifestyle Department bus outings in 2018 = 109

 

 

Oct. 5, 2016

Sun City Texas Real Estate Report© & Home Sales Summary

Sun City Texas Real Estate Report© & Home Sales Summary

September 2016 Results

See online at www.SunCityTexasRealEstateReport.com

 

September-16

September-15

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$182,000

$156,450

16.3%

High

$511,000

$429,000

19.1%

Average

$298,543

$263,624

13.2%

Median

$287,500

$237,750

20.9%

Units Sold

37

42

-11.9%

       

 

Sept YTD 16

Sept YTD 15

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$167,500

$156,450

7.1%

High

$855,000  

$529,000

61.6%

Average

$284,052

$274,490

3.5%

Median

$265,000

$260,000

1.9%

Units Sold

336

347

-3.2%

Data gathered from ACTRIS MLS October 2, 2016

 

Month of September 2016 – The most striking thing about September’s sales results is that prices jumped up across the board. Every sales category had double digit increases compared to last year, with the average sale price coming in at $298.5k a 13.25% increase. Median sale price was up 21% to $287.5k. One has to search for anything contrary to say, so it may not seem like a big deal to report unit volume was down 12% based on 37 sales vs 42 one year ago.  Unit volume has been erratic all year, and one month’s shortfall is clearly not a trend.  With just 90 properties on the market, as Active or Active Contingent, there is only a 2.4-month supply of inventory.  If this continues prices will inevitably keep rising.  Looking ahead to October 2016, there are 56 re-sale homes currently Contingent or Under Contract/Pending compared to last year’s 33 sales in October 2015. We should see unit volume sales in excess of last year.

 

September YTD 2016-  Prices are up across the board in all categories.  Average sale price is up 3.5% and Median sale price is up 1.9%. Unit volume is down just 11 sales vs. one year ago, a 3.2% shortfall.  Reminder – a custom home sale is skewing the high-end sale results.

 

The Sun City Texas Real Estate Report is an analysis of sales activity for use by 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.  For more information contact Brian@RuggRealty.com or call 512-818-6700.

Posted in Market Reports
Oct. 5, 2016

Sun City Texas $/Sq Ft September, 2016 13 mo. Rolling Total

Sun City Texas  $/Sq Ft September, 2016 13 mo. Rolling Total

 

Brian@RuggRealty.com 512-966-3200

 

Posted in Market Reports
Sept. 27, 2016

Yes, You Can Still Find Home Under $200k in Sun City Texas

Yes, You Can Still Find Home Under $200k in Sun City Texas

 

It's getting harder to do, but buyers still have a selection of six homes available under $200k in Sun City Texas.

Yes, You Can Still Find Home Under $200k in Sun City Texas

Yes, You Can Still Find Home Under $200k in Sun City Texas

Call Brian Rugg 512-818-6700 to arrange your showing of these or other properties. 

Rugg Has You Covered

Posted in Market Reports
Sept. 13, 2016

Sun City TX Real Estate Report August, 2016 Provided by Rugg Realty

Sun City TX Real Estate Report August, 2016

Provided by Rugg Realty

Sun City TX Real Estate Report Aug, '16 Provided by Rugg Realty

Sun City TX Real Estate Report Aug, '16 Provided by Rugg Realty

Text Version

Sun City Texas Real Estate Report© & Home Sales Summary

August 2016 Results

See online at www.SunCityTexasRealEstateReport.com

 

August-16

August-15

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$185,900

$174,500

6.5%

High

$455,000

$529,000

-14.0%

Average

$284,108

$275,010

3.3%

Median

$262,500

$249,000

5.4%

Units Sold

49

44

11.4%

       
 

Aug YTD 16

Aug YTD 15

 

Summary

Sale Price

Sale Price

Change from prior year

Low

$167,500

$165,000

1.5%

High

$855,000

$529,000

61.6%

Average

$282,258

$275,986

2.3%

Median

$264,900

$265,000

0.0%

Units Sold

299

305

-2.0%

Data gathered from ACTRIS MLS September 11, 2016

 

Month of August 2016 – The exuberance the recent market has lacked returned in August. Unit volume exceed prior year by 11.4% and this was the first time this has occurred in the past 3 months. Average sale prices were 3.3% higher and median sale prices were 5.4% ahead of one year ago.  Only High-End home sale prices lagged behind last year.  On a cost per sq. ft. basis the picture is not quite as rosy, with prices down several percent across the board.  See 13 Month Trailing Totals report for details. Looking ahead to September 2016, there are 55 re-sale homes currently contingent or under contract/pending compared to last year’s 42 sales in September 2015. If August’s results are an indication, we should see unit volume in excess of last year.

 

August YTD 2016- The strong monthly performance helped bring the results in line with prior year. Unit volume is behind just 6 closings, a 2% shortfall. Average sales price is up 2.3% and Median sales price is dead even with one year ago. Reminder – a custom home sale is skewing the high-end sale results.

 

The Sun City Texas Real Estate Report is an analysis of sales activity for use by 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.  For more information contact Brian@RuggRealty.com or call 512-818-6700.

Posted in Market Reports
July 7, 2016

Latest Cost Per Sq.Ft. Results for Sun City Texas June 2016

 

Cost per Sq Ft results for Sun City Texas

The chart above presents the latest cost per square foot of homes sold in Sun City Texas and recordes over a 13 month historic running total.  Provided by Rugg Realty.

Posted in Sun City Texas
July 7, 2016

June 2016 Sun City TX Real Estate Report

June 2016 Home sales report Sun City Texas

Posted in Market Reports
June 4, 2016

Sun City Texas Real Estate Report & Home Sales Summary May 2016

May 2016 Real Estate Report & Home Sales Summary Sun City Texas

 

 

 

 

 

 

Posted in Market Reports
June 4, 2016

Sun City Texas Homes Cost/Sq. Ft. May 2016 Provided By Rugg Realty

Sun City Texas Homes Cost/Sq. Ft. May 2016

 

Provided By Rugg Realty

Sun City Texas Homes Cost/Sq. Ft. May 2016 Provided By Rugg Realty

This data is present in as a 13 month rolling total so consumers can track the cost per square foot of Sun City Texas re-sale homes over a period of time. Call Rugg Realty for details about your home's value. 512-818-6700.

Posted in Sun City Texas
May 5, 2016

Sun City Real Estate rolling averages, April 2016

Posted in Sun City Texas
May 5, 2016

Sun City Real Estate Report, April 2016

 

Posted in Sun City Texas