Sun City Grand Market Report March 2018

Sun City Grand Market Report March 2018

Sun City Grand Housing Numbers February 2018

Active Listings (Mar)146
Pending Listings (Mar)56
Sold Listings (Feb)57
Average DOM (Feb)56
Months of Inventory (Feb)2.27
Sold to List Ratio (Feb)95.9%

Number of homes sold up sharply in Sun City Grand

Sun City Grand Market Report March 2018– Homes are selling in Sun City Grand. In fact, year to date, number of homes selling is up 25% this year compared to last year. Through February, 116 homes sold versus 93 at this time. Inventory was cut in half with 2.27 months of inventory compared to 4.65 months last February.

Homes sold for 95.9% of asking price with average days on market at 57 days. 57 homes sold in Sun City Grand during February. Of note, active listings were down sharply in February, with only 129 homes for sale compared to 211 same month last year. A 38.9% drop.

In March there are currently 146 homes for sale in Sun City Grand with 56 homes pending.

Last 12-month housing trends in Sun City Grand

sun city grand market report march 2018

sun city grand market report march 2018

Sun City Grand home values are up 1.8% over the past 12 months with a median sale price of $282,500. Over this time period, average days on market were 55 days with month’s inventory at 2.23 months. That a 52% drop over the past 12 months.

Take Away: Homes are selling, home values up slightly, low inventory and days on market dropping. Sun City Grand is in a Strong Seller’s Market.

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Rowlson Sharon
Rowlson Sharon

Sharon Rowlson is a Realtor specializing in Retirement Communities in Phoenix Arizona. Her real estate focus is Active Adult Communities in the West Valley of Phoenix. The 55 plus communities she works in include popular Phoenix Arizona Retirement Communities like Sun City, Sun City West, Sun City Grand, Sun City Festival, PebbleCreek, Corte Bella Country Club, Arizona Traditions, CantaMia, Trilogy at Vistancia and Victory at Verrado. Contact Sharon anytime.

Sharon Rowlson, REALTOR®

Specializing in Phoenix Arizona Active Adult Retirement Communities
HomeSmart International Elite Group
P: (623) 552-0228
[email protected]