Sun City Texas Real Estate Report© & Home Sales Summary
September 2019 Results
See online at www.SunCity https://www.ruggrealty.com/sun-city-tx-real-estate-market-reports/
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September-19
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September-18
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Summary
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Sale Price
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Sale Price
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Change from prior year
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Low
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$189,900
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$189,000
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0.5%
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High
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$645,800
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$559,000
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15.5%
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Average
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$285,144
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$301,865
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-5.5%
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Median
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$254,500
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$285,000
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-10.7%
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Units Sold
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33
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31
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6.5%
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Days on Market
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81
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64
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26.6%
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Sept YTD 19
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Sept YTD 18
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Summary
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Sale Price
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Sale Price
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Change from prior year
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Low
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$180,000
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$175,000
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2.9%
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High
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$920,000
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$740,000
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24.3%
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Average
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$296,713
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$302,332
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-1.9%
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Median
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$279,000
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$286,000
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-2.4%
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Units Sold
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383
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319
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20.1%
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Days on Market
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81
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57
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42.1%
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Data gathered from ACTRIS MLS October 2, 2019
Month of Sept. 2019 – Sales performance is on par with expectations and can described in one phrase; volume up, prices down. Now, some details. Unit volume of 33 is 6.5% ahead of one year ago. Average Sale Price was down 5.5% to $285.1k. Median Sale Price was also down 10.7% to $254.5K. This indicates a greater level of activity in the entry level and medium-priced properties. On a cost per sq. ft. basis, Median Sale Price was down just 5.0% to $158.1 vs $166.4 in prior year. The increase in High Price level is due to the sale of a custom home. Looking ahead to October 2019, there are 52 re-sale homes currently contingent or under contract/pending. It seems inevitable that we will meet or exceed last October’s volume of 35.
Sept. YTD 2019 – Q3 is in the books and just 90 days left in 2019. Unit sales volume of 383 properties is 20.1% ahead of one year ago. Average Sale Price is down a modest 1.9% vs last year and Median Sales Price is down 2.4% compared to one year ago. Days on market continues to be sluggish with the taking 81 days on average to complete the sale compared to just 57 days in prior year.
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. For more information contact Brian@RuggRealty.com or 512-818-6700.
Want an archived report? Send request to Brian@RuggRealty.com
