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Record Number of Homes for Sale in Sun City Grand

Arial view of Sun City Grand's Abode recreation center

Sun City Grand Real Estate Market Report May 2017

April brought an all-time high in the number of listings on the market Sun City Grand.  There were 174 homes for sale in April compared to February’s 166 listings.  That is an all-time high. Currently, at 179 active listings, we may break the record in May.  We are at a 16-month high for homes selling at 98% of the asking price.  Perhaps due to the low inventory of 2.64 months.  April also saw the lowest priced change for listings at -5.07%.  This might reflect lower days on the market at 72 in April.  In comparison, March was 86 days, and April one year ago at 108 days.  66 homes sold in April, well off the high of 90 homes closing in March.  Currently, there are 52 homes pending.  The market is strong, and homes are selling.  Even with a record number of homes for sale in Sun City Grand, low inventory says “YES” it’s a seller’s market.

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