Sun City, Nov 2023, Net Sale Price, Trend, Key Statistics, by ALEX.realestate

ALEX Labs just completed analysis of Sun City single family sales, reported to the Austin Board of Realtors, for November 2023, as of December 2. In about 60 seconds, know more about the Sun City real estate market than almost anyone! 

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THE ONLY SOURCE

ALEX is the only source of:

(1) Sun City Net Sale Price Statistics (Net Sale Price = Sale Price LESS Repairs LESS Seller Contributions to Closing Costs.)

(2) Austin Board of Realtors Specific Seasonal Trend Model (Seasonal Trend) applied to Sun City monthly sales.

(3) Georgetown real estate statistics and analysis published for 5 distinct geographic areas: Georgetown, East Georgetown, West Georgetown, Northwest Georgetown excluding Sun City, and Sun City.

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SEASONAL TREND

• 29 sales:
  • Down 17% from the previous month.
  • Down 9% from the same month last year.
  • Seasonal Trend predicted a 6.41% reduction from last month.
• $11.9 million total net sales volume:
  • Down 24% from the previous month.
  • Down 22% from the same month last year.

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NET SALE PRICE

• $373,500 median:
  • Down 11% from the previous month.
  • Down 20% from the same month last year.
• $226 per square foot median:
  • No change from the previous month.
  • Down 6% from the same month last year.
• $410,465 average:
  • Down 8% from the previous month.
  • Down 14% from the same month last year.
• $225 per square foot average:
  • Up 1% from the previous month.
  • Down 9% from the same month last year.

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NET SALE PRICE DISCOUNT FROM LIST PRICE

• 4.4% median discount:
  • Down 9% from the previous month.
  • Up 10% from the same month last year.
• 7.4% average discount:
  • Down 26% from the previous month.
  • Up 23% from the same month last year.

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CUMULATIVE DAYS FROM LISTING TO ESCROW

• 41 median days:
  • Up 11% from the previous month.
  • Up 67% from the same month last year.
• 71 average days:
  • Down 14% from the previous month.
  • Up 100% from the same month last year.

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LUXURY INSIGHTS

• $734,665 high net sale:
  • Down 25% from the previous month.
  • Up 1% from the same month last year.
• $288 per square foot high net sale:
  • Down 9% from the previous month.
  • Down 6% from the same month last year.

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ALEX Studios publishes 38 Stat Packs in the Greater Austin area. View all areas and select what you would like.

If you are interested in an area we are not currently publishing, or if you have any questions, contact me. I’m always available! Diane

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ALEX knows more about Sun City than just about anybody.

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

Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
o 713.918.9951
e diane@alex.realestate

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PS – If you are an Agent or Broker in Sun City and want to be one of the few armed with the best research, analysis including neighborhood / farming area trend and net sale price statistics, marketing, lead generation, and White Glove Service for your clients and for you contact me! Diane

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SUMMARY TABLE

DAYS FROM LISTING TO ESCROW

NET SALE PRICE* PERCENT DISCOUNT FROM LIST PRICE

TOTAL NUMBER OF SALES

TOTAL NET SALES* VOLUME

NET SALE PRICE* PER SF

NET SALE PRICE* PER HOME

LIST PRICE PER SF

LIST PRICE PER HOME

HIGH LIST PRICE PER SF & HIGH NET SALE PRICE* PER SF

HIGH LIST PRICE & HIGH NET SALE PRICE*

PROJECT TEAM

Teale Miller, Consulting Analyst
Janez Novak, Senior Consulting Analyst
George Alexander, Project Lead