Lawyers Title Market Report

Sun City, AZ

Single-Family Homes

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Sun City, AZ

Tue Jul 14 2020
This week the median list price for Sun City, AZ is $244,900 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has held steady at or around 169. Click here to stay informed with the Sun City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Sun City, AZ

Tue Jul 14 2020
This week the median list price for Sun City, AZ is $244,900 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has held steady at or around 169. Click here to stay informed with the Sun City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Sun City market.
Median List Price $244,900
Per Square Foot $158
Days on Market 60
Price Decreased 41%
Price Increased 4%
Relisted 2%
Inventory 169
Median Rent $1,800
Most Expensive $539,000
Least Expensive $153,000
Market Action 45
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$346,250 2,025 8,000 - 10,000 sqft 3 2 42 11 4 78
$269,950 1,758 8,000 - 10,000 sqft 2 2 47 7 5 59
$228,675 1,447 8,000 - 10,000 sqft 2 2 51 4 6 50
$188,000 1,277 6,500 - 8,000 sqft 2 2 57 7 4 50