Sun Lakes Ironwood Real Estate Market Report
The real estate market report for Ironwood is available and includes the period beginning January 1, 2016 through February 29, 2016. Comparisons to the same period in 2015 are also part of this report. Ironwood Country Club in Sun Lakes has 734 homes that are all single family residences. Some homes are located on the golf course and this report will give the statistics for golf course lot versus non golf course lot homes.
Ironwood Country Club is the second of the Robson gated communities in Sun Lakes and offers an 18 hole golf course with Pro Shop and putting facility, tennis courts, swimming pools, beautiful lakes and a restaurant and bar. Ironwood shares the homeowner association with Oakwood and it is known as IronOaks.
Golf Course Lot Sales in Ironwood
For the time period above, Ironwood has 4 homes sell in 2016 with an average sales price of $378,250. The list to sale ratio was 97%. Average price per square foot was $142.97 with the average size home at 2,684 square feet. Average days on market was 88 and the highest priced home that sold was $420,000.
Compare that with 2015 with 2 golf course lot homes sold for an average sales price o f $357,500. The list to sale price ratio was only 95%. Average price per square foot was $157.72 with the average size home at 2,284 square feet. Homes sold much quicker in 2015 with average days on market at only 31. The highest priced home that sold during this period was $375,000.
Non-Golf Course Lot Sales in Ironwood
For 2016, 3 homes sold with an average sales price of $302,300. List to sale ratio was 97%. Average sales price per square foot was $162.42 with the average size house at 1,863. Average days on market was 80 and the highest priced home to sell was $365,000.
Compare with 2015 when 4 homes sold with an average sales price of $267,225. List to sale ratio was down slightly to 96%. The average price per square foot was $139.21 with the average size home at 1,939 square feet. Average days on market was higher in 2015 at 91 days. The highest priced home to sell was $309,000.
Sun Lakes Ironwood Real Estate Market Report Summary
Homes are staying on the market longer in 2016 primarily due to the number of Canadian sellers. Three times as many Canadians listed their homes in 2016 over 2015 and because of the Canadian dollar being down so much, we have fewer Canadian buyers. Homes are selling and we have sold some in just two days, but they must be priced accurately and move in ready. To stay up to date on Sun Lakes real estate market trends check our Sun Lakes Blog often.
For more information on Sun Lakes, Arizona real estate, Ironwood Country Club real estate or for a specific comparable for your home, contact us at 480-440-0849. We will be happy to provide the information. You can also like our Sun Lakes Facebook page for posts about new listings, real estate market trends, and community news and events. See our Sun Lakes Community and Listing Videos.
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