Sun City Festival 2016 sales review
The year ended with a whopping 21.7% increase in volume year over year. Units sold came in 158 units sold in ’16 vs. 133 in 15. Sales price per sq ft is continuing to climb as well, supported by higher builder premiums on new build. Going into first Q 2017 we should see some steady activity trickling through before the big rush of seasonal buyers that will begin in February. New home sales are predicted to rise 7-9% valley wide due to building material and labor increases.
If you are thinking about putting your home on the market but not sure how to position yourself among tight competition it would be wise to give us a call, there are many ways to market your home in the best light, and many of the listings in Festival currently are not positioned well. Seller Info For those of you that have been wanting to buy, it’s better to do so now if you can find the right home with price per square foot inching up. If you would like to get more info simply call, text, or email The Tim and Kym Team!
This Year Sales Volume: 42,456,880
Last Year Sales Volume: 34,881,290
Active Listings 2016 96 ( current)
Active Listings 2015 79
Closed Listings 2016 158
Closed Listings 2015 133
Low Sale This Year: 157,500 for a Spirit 1375 sq ft
Low Sale Last Year: 157,500 for a Spirit 1375 s ft (not a typo! same exact price and model! ha )
High Sale This Year 490,000 for a Golf Course Parada ( our listing! )
High Sale Last Year 495,000 for a Golf Course Parada with pool
Average List Price Per Foot This Year: 153.08
Average List Price Per Foot Last Year: 148.94
Average Sale Price Per Foot This Year: 149.04
Average Sale Price Per Foot Last Year: 145.59
Average Days on Market This Year: 114
Average Days on Market Last Year: 100
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