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Sun City Texas Real Estate Market Report & Home Sales Summary January 2012

Sun City Texas Real Estate Market Report & Home Sales Summary January 2012

Sun City Texas Real Estate Market Report & Home Sales Summary January 2012

Sun City Texas Real Estate Market Report & Home Sales Summary January 2012 2

Sun City Texas Real Estate Report© & Home Sales Summary

January 2012 Results

See online at www.SunCityTexasRealEstateReport.com

January-12

January-11

Summary

Sales Price /Sq Ft

Sales Price /Sq Ft

Change from prior year

High

$127.08

$146.34

-13.2%

Low

$81.82

$91.67

-10.7%

Average

$109.34

$118.60

-7.8%

Median

$111.51

$119.89

-7.0%

Units Sold

15

16

-6.3%

January-12

January-11

Summary

Sale Price

Sale Price

Change from prior year

High

$275,000

$370,000

-25.7%

Low

$110,000

$135,000

-18.5%

Average

$177,127

$235,730

-24.9%

Median

$169,000

$225,000

-24.9%

Units Sold

15

16

-6.3%

Data gathered from ACTRIS MLS Feb 3, 2012

Month of January 2012 – Things are off to a slower than anticipated start to the year, especially with the strong finish in 2011. Sales prices per sq. ft. were down across the board vs. prior year. All categories were affected with High-end homes turning the poorest performance down 13% and entry level home also dropping 11%. Average and median prices per foot were down 8% and 7% respectively. Even volume was down 1 unit, a6.3% decline.

Actual sales prices were down even more that the price per foot comparisons. With the exception of entry-level homes, all other categories experienced a 25% decline. Prices of entry-level homes managed to decline only 18.5%, but that is small consolation. January sales failed to include any sale above $275K and hurt the overall averages.

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 Saturday Feb 04