Best in Texas™: Sun City Shakes Up: Sales Dip but high net sale of $1.39M defies trends by ALEX.realestate

ALEX Labs just completed analysis of Sun City single family sales reported to the Austin Board of Realtors for April 2024. In about 60 seconds know more about the Sun City real estate market than almost anyone! 

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SUMMARY TABLE:

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MONTHLY TREND: -5%

• Predicted Monthly Trend: +14.66% INCREASE from the previous month.
• Sales Net of Monthly Trend: -19.66% NEGATIVE difference in actual vs. predicted sales.

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TOTAL SALES: 50

• Down 5% from the previous month.
• Down 3.2% from the same month last year.

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TOTAL NET SALES VOLUME: $22,513,126

• Down 1% from the previous month.
• Down 17% from the same month last year.

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NET SALE PRICE PER SQUARE FOOT:

• $225 per square foot average:
  • Down 1% from the previous month.
  • Down 4% from the same month last year.
• $221 per square foot median:
  • Same as the previous month.
  • Down 6% from the same month last year.

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NET SALE PRICE:

• $448,506 average:
  • Down 5% from the previous month.
  • Down 7% from the same month last year.
• $405,285 median:
  • Down 4% from the previous month.
  • Down 2% from the same month last year.

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LIST PRICE PER SQUARE FOOT:

• $230 per square foot average:
  • Down 1% from the previous month.
  • Down 3% from the same month last year.
• $228 per square foot median:
  • Down 1% from the previous month.
  • Down 5% from the same month last year.

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LIST PRICE:

• $460,500 average:
  • Down 4% from the previous month.
  • Down 7% from the same month last year.
• $424,950 median:
  • Down 5% from the previous month.
  • Down 2% from the same month last year.

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DISCOUNT FROM LIST PRICE:

• -10% average:
  • Up 12% from the previous month.
  • Down 41% from the same month last year.
• -29% median:
  • Up 12% from the previous month.
  • Down 37% from the same month last year.

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DAYS FROM LISTING TO ESCROW:

• 80 average days:
  • Down 16% from the previous month.
  • Down 9% from the same month last year.
• 40 median days:
  • Down 7% from the previous month.
  • Down 14% from the same month last year.

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HIGH NET SALE PRICE PER SQUARE FOOT: $327

• Down 7% from the previous month.
• Down 14% from the same month last year.

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HIGH NET SALE PRICE: $1,390,714

• Down 7% from the previous month.
• Down 14% from the same month last year.

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ALEX knows more about Sun City area than just about anybody.

If you have any questions, I am always here. Just call, text or email me. Diane

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate