About Sun City Grand Homes
Sun City Grand Homes are found in the NW area of Sun City and on the North end of Surprise, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
We can currently see (58) homes available in Sun City Grand today.
July property sales were 41, down 16.3% from 49 in July of 2017 and 19.6% lower than the 51 sales last month. July 2018 sales were at a mid level compared to July of 2017 and 2016.
The Median Sales Price in July was $295,000, up 5.4% from $279,900 in July of 2017 and up 9.3% from $270,000 last month. The Average Sales Price in July was $282,697, down 3.9% from $294,319 in July of 2017 and equal to $282,697 last month. July 2018 ASP was at the highest level compared to July of 2017 and 2016.
The Total Inventory of Properties available for sale as of July was 75, down 15.7% from 89 last month and down 27.9% from 104 in July of last year. July 2018 Inventory was at its lowest level compared with July of 2017 and 2016.
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for July was 54, down 15.3% from 63 days last month and down 28.5% from 75 days in July of last year. The July 2018 DOM was at its lowest level compared with July of 2017 and 2016.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The July 2018 Selling Price per Square Foot of $162 was down 1.5% from $165 last month and up 11.7% from 145 in July of last year.
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The July 2018 Selling Price vs Original List Price of 98.5% was up from 97.6% last month and up from 97.3% in July of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate advisor if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Corey Frederic –
Coldwell Banker Residential Brokerage