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 November 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

$450,666

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$666(+0.1%)

Key Takeaway

The sold price of homes in Sun City Grand has remained the same since last year.

Summary: The median home sold price in Sun City Grand was $450,666 in November 2024, up 0.1% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $245K$227K
-7.3%
2 $428.4K$430K
0.4%
3 $565K$578K
+2.3%
4 $702.5K$489K
-30.4%
5+ --
N/A

Summary: Sun City Grand housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 30.4%, 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

Oct 2024Nov 2024CHANGE
235267+13.6%

Summary: The Sun City Grand real estate market had 267 homes for sale in November 2024, a 13.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 510
+100.0%
2 174193
+10.9%
3 5056
+12.0%
4 68
+33.3%
5+ 00
0.0%

Summary: The Sun City Grand housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
33330.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were 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. 72.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Sun City Grand in November 2024, the same as the previous month. Of the 33 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% 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

Nov 2023Nov 2024CHANGE
55 Days57 Days+2.3%

Summary: Homes in Sun City Grand had an average of 57 days on market in Nov 2024, up by 2.3% 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 November 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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