Sun City Grand Year End Market Report 2017
The number of homes listed in Sun City Grand didn’t keep pace with the number of homes listed in 2017. Similar to other Phoenix area retirement communities there was a home shortage. You can see from the table below that the number of homes listed was up at 4.8% with the number of homes selling up a big 23.6% in 2017. This resulted in, low inventory with home prices and values appreciating 3.02%.
Sun City Grand Year End Market Statistics 2017
2017 | 2016 | % Chg | |
Number of Homes Listed | 959 | 915 | 4.8% |
Number of Homes Sold | 665 | 538 | 23.6% |
Average DOM | 73 | 79 | -7.59% |
Months of Inventory | 2.9 | 3.7 | -21.62% |
Median Sale Price | $273,000 | $265,000 | 3.02% |