About Sun Lakes Arizona Homes
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Sun Lakes Arizona Homes are found in SW Corner South Chandler, 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 (96) homes available in Sun Lakes today.
Our January property sales were 45, up from 43 in January of 2019 and -13.5% lower than the 52 sales last month. January 2020 sales were at their highest level compared to January of 2019 and 2018. January YTD sales of 45 are running 4.7% ahead of last year’s year-to-date sales of 43.
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 adviser 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
Some Real Estate listings in Sun Lakes, AZ
Monthly Market Report
The median sales price in January was $340,000, up 0.3% from $339,000 in January of 2019 and up 4.1% from $326,500 last month. The average sales price in January was $356,564, up 0.5% from $354,730 in January of 2019 and up 3.6% from $344,118 last month. January 2020 ASP was at highest level compared to January of 2019 and 2018.
The total inventory of properties available for sale as of January was 102, up 22.9% from 83 last month and down -17.7% from 124 in January of last year. January 2020 Inventory was at the lowest level compared to January of 2019 and 2018.
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 January was 53, up from 25 days last month and up from 41 days in January of last year. The January 2020 DOM was at its highest level compared with January of 2019 and 2018.
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 January 2020 selling price per square foot of $176 was down -3.8% from $183 last month and up 2.3% from $172 in January of last year.
Selling Price vs Original Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their 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 January 2020 selling price vs list price of 96.3% was down from 97.5% last month and up from 96.2% in January of last year.