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Sun City Texas Real Estate Report© & Home Sales Summary October 2011

Sun City Texas Real Estate Report© & Home Sales Summary October 2011

Sun City Texas Real Estate Report© & Home Sales Summary October 2011

Text Version

Sun City Texas Real Estate Report© & Home Sales Summary

October 2011 Results

See online at www.SunCityTexasRealEstateReport.com

October-11

October-10

Summary

Sale Price

Sale Price

Change from prior year

High

$281,000

$313,000

-10.2%

Low

$135,000

$120,000

12.5%

Average

$194,488

$177,669

9.5%

Median

$190,000

$174,000

9.2%

Units Sold

17

24

-29.2%

Oct YTD 11

Oct YTD 10

Summary

Sale Price

Sale Price

Change from prior year

High

$750,000

$475,000

57.9%

Low

$124,500

$112,800

10.4%

Average

$209,659

$200,669

4.5%

Median

$195,000

$179,000

8.9%

Units Sold

238

237

0.4%

Data gathered from ACTRIS MLS November 4, 2011

Month of October 2011 – Only 17 homes were sold in October. Not since January of this year were so few re-sales sold in a single month in Sun City Texas. This statistic by itself could be very unsettling, but readers must be reminded August had 34 sales and September had 30 sales exceeding last year by 43%. Selling prices are up across the board with the exception of high-end homes, which were down 10.2% to $281K.

Year To Date October 2011 – Selling prices are up across the board vs. last year with increases in average/median/entry-level categories. High-end sales prices are skewed due to a custom home sale earlier this year and not your typical Pulte or Del Webb built home. Volume of homes sold remains stable with one more unit recorded compared to a year ago.

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. It is not intended for use to value a specific property or predict future valuations. For more information contact Brian@RuggRealty.com or call 512-966-3200.

If you or a client are considering an Active Adult lifestyle in a 55+ Community and want to learn more about the advantages of Sun City TX Real Estate located in Georgetown, Texas 78633, give Brian Rugg of Rugg Realty a call. Rugg Realty specializes in Sun City Texas real estate focused on Sun City Texas new homes for sale and Sun City TX resale homes for sale properties. If you are selling a home Sun City Texas, contact Brian Rugg for a no nonsense market analysis and marking plan. Call Brian at 512-966-3200, e-mail Brian@RuggRealty.com or visit www.SunCityTXRealEstate.com.

Rugg Realty LLC is an independent broker serving Sun City Texas and not affiliated with Pulte or Del Webb.

Posted Friday Nov 04