
Sun City Texas Real Estate Report© & Home Sales Summary October 2011
Text Version
October 2011 Results
See online at www.SunCityTexasRealEstateReport.com
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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.
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