Sun Lakes AZ Real Estate Market Update July 1, 2016

Great news for Sun Lakes, AZ real estate as the market update for July 1, 2016 indicates a gain in home values in all five communities for the period January 1, 2016 through June 30, 2016 over the same period in 2015.

Sun Lakes Market Update by Community

This report will give you the real estate market update for all of Sun Lakes as well as by community for the first half of 2016 over the same period 2015. Should you desire more specific information such as trends for two level homes, villas, golf course lot homes, or other combinations, simply call me at 480-809-5759 or email becky@www.thekolbteam.com and I will be happy to provide that information  for you.

Overall Sun Lakes Market Report

Currently, 104 homes are actively listed for sale in Sun Lakes, Arizona. Here is the market report for both 2016 and 2015.

2016 

• 412 homes sold
• Average Sales Price – $252,048
• Highest Sold Price – $840,000
• Average Sold Price per sq ft – $129.57
• List to Sale Price Ratio – 97%
• Average days on Market – 79

2015

• 398 homes sold
• Average Sale Price- $238,847
• Highest Sold Price – $850,000
• Average Sold Price per sq ft – $124.03
• List to Sale Price Ratio – 97%
• Average Days on Market – 76

Sun Lakes Country Club (Phase 1)

2016

• 91 homes sold
• Average Sales Price – $135,578
• Highest Sold Price – $239,900
• Average Sold Price per sq ft – $96.68
• List to Sale Price Ratio – 96%
• Average Days on Market – 61

2015

• 90 homes sold
• Average Sale Price – $131,655
• Highest Sold Price – $270,000
• Average Sold Price per sq ft – $87.78
• List to Sale Price Ratio – 97%
• Average Days on Market – 66

Cottonwood Country Club

2016

• 115 homes sold
• Average Sale Price – $219,565
• Highest Sold Price – $360,000
• Average Sold Price per sq ft – $125.71
• List to Sale Price Ratio – 97%
• Average Days on Market – 75

2015

• 122 homes sold
• Average Sale Price – $207,544
• Highest Sold Price  – $339,000
• Average Sold Price per sq ft – $118.81
• List to Sale Price Ratio – 97%
• Average Days on Market – 73

Palo Verde Country Club

2016

• 50 homes sold
• Average Sales Price – $284,058
• Highest Sold Price – $415,000
• Average Sold Price per sq ft – $136.16
• List to Sale Price Ratio – 97%
• Average Days on Market – 106

2015

• 39 homes sold
• Average Sales Price  – $275,496
• Highest Sold Price – $425,000
• Average Sold Price per sq ft – $135.02
• List to Sale Price Ratio – 96%
• Average Days on Market – 101

Ironwood Country Club

2016

• 35 homes sold
• Average Sales Price – $305,494
• Highest Sold Price – $425,000
• Average Sold Price per sq ft – $140.07
• List to Sale Price Ratio – 97%
• Average Days on Market – 90

2015

• 27 homes sold
• Average Sales Price – $282,607
• Highest Sold Price –  $410,000
• Average Sold Price per sq ft – $136.25
• List to Sale Price Ratio – 97%
• Average Days on Market – 81

Oakwood Country Club

2016

• 120 homes sold
• Average Sales Price – $342,718
• Highest Sold Price – $840,000
• Average Sold Price per sq ft – $152.43
• List to Sale Price Ratio – 98%
• Average Days on Market – 81

2015

• 117 homes sold
• Average Sales Price – $331,093
• Highest Sold Price – $850,000
• Average Sold Price per sq ft – $150.67
• List to Sale Price Ratio – 97%
• Average Days on Market – 79