Sun Lakes AZ Real Estate Update 2/5/2012

Sun Lakes Country Club #1

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The first phase of Sun Lakes which was started in 1972.
Homes include manufactured and traditional frame construction.
2139 homes
60% manufactured (1972-) ~ 40% frame constructed (1976 - 2006)
Price Range of homes for sale as of 2/5/2012
$94,900 ~ $249,900 ( 21 Traditional Built Homes for Sale)
$49,900 ~ $98,767 (27 Manufactured Homes for Sale)
Median Sales Prices in 2011
$124,950 (62 Traditional Built Homes sold in 2011)
$70,000 (53 Manufactured Homes sold in 2011)

Cottonwood Country Club

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The Second Phase of Sun Lakes
Shares an HOA with PaloVerde
2736 frame constructed homes.
Price Range of homes for sale as of 2/5/2012
$109,900 - $329,000 (46 Single Family Homes for Sale)
$124,000 - $179,200 (7 Villas for Sale)
Median Sales Prices in 2011
$151,000 (111 Single Family Homes sold in 2011)
$150,000 (15 Villas sold in 2011)

Palo Verde Country Club (Gated)

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The Third Phase of Sun Lakes
Shares an HOA with Cottonwood
1073 frame constructed homes.
Price Range of homes for sale as of 2/5/2012
$175,900 - $357,500 (25 Single Family Homes for Sale)
51 Homes sold in 2011
Median Sales Price
$255,000

Ironwood Country Club (Gated

)

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The Fourth Phase of Sun Lakes
HOA (IronOaks) shared with Oakwood
734 frame constructed homes.
Price Range of homes for sale as of 2/5/2012
$168,500 - $649,900 (20 Single Family Homes for Sale)
19 homes sold in 2011
Median Sales Price
$220,000

Oakwood Country Club (Gated)

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The fifth and final phase of Sun Lakes which was completed in 2005 and is the largest Sun Lakes community.
HOA (IronOaks) shared with Ironwood
3285 Homes
Majority of the homes constructed of energy-efficient Integra Block
along with a small percentage of traditional frame constructed homes.
Price Range of homes for sale as of 2/5/2012
$183,900 - $689,900 (76 Single Family Homes for Sale)
$155,000 - $285,000 (20 Villas for Sale)
Median Sales Prices in 2011
$267,000 (112 Single Family Homes sold in 2011)
$188,750 (32 Villas sold in 2011)