Is Sun City Grand, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun City Grand is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sun City Grand was a Seller's Market.

Key Takeaway

Sun City Grand is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sun City Grand, AZ

How much do homes in Sun City Grand, AZ cost?

Median Sold Price

$459,000

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,840(+2.4%)

Key Takeaway

Homes in Sun City Grand have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Sun City Grand was $459,000 in October 2024, up 2.4% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $245K$227K
-7.3%
2 $426.8K$430K
+0.7%
3 $552.5K$576K
+4.3%
4 $725K$600K
-17.2%
5+ --
N/A

Summary: Sun City Grand housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes did not change.

Housing Supply in Sun City Grand, AZ

How many homes are available in Sun City Grand, AZ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
195240+23.1%

Summary: The Sun City Grand real estate market had 240 homes for sale in October 2024, a 23.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 156181
+16.0%
3 2949
+69.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Sun City Grand housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 69%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2433+37.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sun City Grand, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Sun City Grand in October 2024, up by 37.5% month-over-month. Of the 33 sold homes, 67% were sold under asking, 30% were sold at asking, and 3% were sold over asking.

Days on Market for Sun City Grand, AZ

How long does it take to sell a home in Sun City Grand, AZ?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days58 Days+12.3%

Summary: Homes in Sun City Grand had an average of 58 days on market in Oct 2024, up by 12.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sun City Grand are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 33 homes were sold in Sun City Grand; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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