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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sun City West is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Sun City West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sun City West, AZ

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

Median Sold Price

$375,803

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,413(+2.0%)

Key Takeaway

Homes in Sun City West have sold for 2% more than they did a year ago.

Summary: The median home sold price in Sun City West was $375,803 in November 2024, up 2% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $208K$219.5K
+5.5%
2 $356.7K$369.9K
+3.7%
3 $451K$482K
+6.9%
4 $830K$749K
-9.8%
5+ --
N/A

Summary: Sun City West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Corte Bella
+5.6%
Sun City West
+2.0%

Housing Supply in Sun City West, AZ

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
443461+4.1%

Summary: The Sun City West real estate market had 461 homes for sale in November 2024, a 4.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 129
-25.0%
2 336353
+5.1%
3 9094
+4.4%
4 55
0.0%
5+ 00
0.0%

Summary: The Sun City West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8573-14.1%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sun City West, you may be able to get a good deal. 65.8% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in Sun City West in November 2024, down by 14.1% month-over-month. Of the 73 sold homes, 66% were sold under asking, 27% were sold at asking, and 7% were sold over asking.

Days on Market for Sun City West, AZ

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

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days48 Days-10.5%

Summary: Homes in Sun City West had an average of 48 days on market in Nov 2024, down by 10.5% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 73 homes were sold in Sun City West; 45% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% 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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