Sun Lakes Arizona Real Estate Market Report
Sun Lakes AZ Real Estate | 2014 Real Estate Market Report for Sun Lakes, Cottonwood, Palo Verde, Ironwood and Oakwood Country Clubs for 2014 compared to 2013.
It’s hard to believe 2014 is ending and we are ushering in 2015. Time seems to escalate faster and faster…maybe that’s age. In any event real estate in Sun Lakes continues to see values rise although buyer demand remains weak. Excluding manufactured homes 78 fewer homes sold in Sun Lakes in 2014 than in 2013. Currently 190 homes are actively listed for sale. Here is the break down of homes sold by community.
2014 – 170 homes sold with an average sales price of $322,271. The highest price home that sold was $559,000 (sold by the KOLB Team). The average price per sq foot sold was $149.76 and the highest price per sq foot sold was $219.96 (sold by the KOLB Team). Average days on market was 67.
2013 – 185 homes sold with an average sales price of $296,648. The highest price home that sold was $550,000. The average price per sq foot sold was $141.21 and highest price per sq foot sold was $216.28. Average days on market 70.
Ironwood Country Club
2014 – 36 homes sold with an average sales price of $316,399. The highest price home that sold was $499,500 (sold by The Kolb Team). The average price per sq foot sold was $136.65 and the highest price per sq foot sold was $186.26. Average days on market was 99
2013- 54 homes sold with an average sales price of $278,075. The highest price home that sold was $545,000. The average price per sq foot sold was $127.45 and the highest price per sq foot sold was $184.07. Average days on market was 90.
Palo Verde Country Club
2014 – 64 homes sold with an average sales price of $269,098. The highest price home that sold was $415,000. The average price per sq foot sold was $138.63 and the highest price per sq foot sold was $194.73. Average days on market was 71.
2013 – 61 homes sold with an average sales price of $264,815. The highest price home that sold was $420,000. The average price per sq foot sold was $127.97 and the highest price per sq foot sold was $201.81. Average days on market was 87.
2014 – 177 homes sold with an average sales price of $198,428. The highest price home that sold was $280,000. The average price per sq foot sold was $117.66 and the highest price per sq foot sold was $174.26. Average days on market was 58.
2013 – 206 homes sold with an average sales price of $183,274. The highest price home that sold was $345,000. The average price per sq foot sold was $106.62 and the highest price per sq foot sold was $179.53. Average days on market was 59.
Sun Lakes Country Club (excluding manufactured homes)
2014 – 51 homes sold with an average sales price of $157,568. The highest price home that sold was $265,000. The average price per sq foot sold was $114.21 and the highest price per sq foot home sold was $160.82. Average days on market was 69.
2013 – 71 homes sold with an average sales price of $157,454. The highest price home that sold was $260,000. The average price per sq foot sold was $101.55 and the highest price per sq foot home sold was $151.66. Average days on market was 71.
As we enter into the strongest selling season (January – April) we are hopeful that buyer demand will increase. Unlike 2013 we have plenty of inventory so let’s kick off 2015. If you are looking to buy or sell a home give us a call at 480-809-5759. We listed and/or sold 43 homes and we can get yours sold too!
See our Sun Lakes AZ Community Video here.
Call us at 480-809-5759 for more information or fill out the short form below and we will contact you!
[gravityform id=”1″ name=”Quick Contact”]