Text Version
August 2024 Results
See online at www.SunCity https://www.ruggrealty.com/sun-city-tx-real-estate-market-reports/
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|
August-24 |
August-23 |
|
|
Summary |
Sale Price |
Sale Price |
Change from prior year |
|
Low |
$300,000 |
$285,000 |
5.3% |
|
High |
$987,500 |
$850,000 |
16.2% |
|
Average |
$445,725 |
$444,006 |
0.4% |
|
Median |
$393,000 |
$385,500 |
1.9% |
|
Units Sold |
44 |
41 |
7.3% |
|
Days on Market |
45 |
62 |
-27.4% |
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|
Aug YTD 24 |
Aug YTD 23 |
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|
Summary |
Sale Price |
Sale Price |
Change from prior year |
|
Low |
$250,000 |
$272,500 |
-8.3% |
|
High |
$1,400,000 |
$850,000 |
64.7% |
|
Average |
$427,311 |
$443,420 |
-3.6% |
|
Median |
$392,000 |
$405,500 |
-3.3% |
|
Units Sold |
335 |
284 |
18.0% |
|
Days on Market |
62 |
61 |
1.6% |
Data gathered from ACTRIS MLS September 3, 2024
Month of August – Unit sales of 44 were 7.3% ahead of the 41 sales, one year ago. Average Sale Price was a smidgen better than prior year at $445.7k vs $444.0k a .4% increase. Median Sale Price faired a little better with results 1.9% positive at $393.0k vs $385.5k. Not only were unit sales strong and prices edging up, but days on market fell to just 45 days, 27% faster than last year’s 62 days. On a price per sq. ft. basis the month finished at $224.6/ft vs $231.6, a 3.0% decline. Looking ahead to September 2024, there are 54 re-sale homes currently contingent or under contract/pending. We should easily exceed last September’s total of 40 units sold.
August YTD – Units sales of 335 is 18% ahead of this time last year. Both Average Sale Price and Median Sale Price lag behind one year ago, 3.6% and 3.3% respectively. Days on market of 62 days are flat with last year’s rate of 61.
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.
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