Sun Lakes AZ Real Estate Market Report January 2012

It's buyer season in Sun Lakes and buyers are out in abundance in Sun Lakes. Our home inventory typically rises at this time every year and this year is no different. Buyer activity is strong, however and recent sales have driven the median sales price up in December. Stay Tuned!

Sun Lakes Real Estate Update
January 2012 ~

SUN LAKES HOMES CURRENTLY FOR SALE ~
257…Up from from 243 last month
Lowest Price: $47,500 in Sun Lakes 1
Highest Price: $689,900 in Oakwood
Median list price: $214,900 no change from last month
Average Days on Market: 146…down from from 153 last month

SUN LAKES HOMES SOLD IN DECEMBER ~ 52
Lowest Sales price: $45,000 (in Sun Lakes 1)
Highest Sales price: $391,000 (in Oakwood)
Median Sales Price: $179,000 up from $175,000 last month

ACTIVE LISTINGS AND HOMES SOLD IN DECEMBER
BY COMMUNITY~

Sun Lakes 1
Homes for Sale ~ 50
Lowest price: $47,500
Highest Price: $197,900
Median List Price: $89,300
Average Days on Market: 151

December Homes Sold ~ 14
Lowest Sales Price: $45,000
Highest Sales Price: $185,000
Median Sales Price: $111,500
Average Days on Market: 162

Cottonwood
Homes for Sale ~ 62
Lowest price: $94,900
Highest Price: $329,000
Median List Price: $178,450
Average Days on Market: 15

December Homes Sold ~ 11
Lowest Sales Price: $115,500
Highest Sales Price: $180,000
Median Sales Price: $144,900
Average Days on Market: 138

Palo Verde
Homes for Sale ~ 27
Lowest price: $175,900
Highest Price: $415,000
Median List Price: $274,900
Average Days on Market: 218

December Homes Sold ~ 5
Lowest Sales Price: $247,000
Highest Sales Price: $315,000
Median Sales Price: $253,000
Average Days on Market: 214

Ironwood
Homes for Sale ~ 20
Lowest price: $183,000
Highest Price: $649,900
Median List Price: $289,950
Average Days on Market: 161

December Homes Sold ~ 2
Lowest Sales Price: $180,000
Highest Sales Price: $180,000
Median Sales Price: $180,000
Average Days on Market: 338

Oakwood
Homes for Sale ~ 98
Lowest price: $159,900
Highest Price: $689,900
Median List Price: $274,950
Average Days on Market: 115

Homes Sold ~ 20
Lowest Sales Price: $162,750
Highest Sales Price: $391,000
Median Sales Price: $228,000
Average Days on Market: 94

*Information compiled from Arizona Regional MLS.
Information deemed reliable but not guaranteed.