$2,969 Closing Credit*
$250,000
729 SqFt
1 Bed
•1 Full Bath
Bryan Hoffman, Listing Office: Keller Williams Realty
Is Sun City, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sun City has remained a Seller's Market.
Key Takeaway
Sun City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sun City, CA
How much do homes in Sun City, CA cost?
Median Sold Price
$405,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,683(+7.9%)
Key Takeaway
Homes in Sun City have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Sun City was $405,000 in October 2024, up 7.9% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $226K | +32.9% |
| 2 Bedrooms | $347K | $360K | +3.7% |
| 3 Bedrooms | $440K | $456.8K | +3.8% |
| 4 Bedrooms | $559.9K | $590K | +5.4% |
| 5+ Bedrooms | $615.9K | $627.4K | +1.9% |
Summary: Sun City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.9%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Neighborhoods
| The Oasis | $520K | $566.7K | +9.0% |
| Sun City | $375.3K | $405K | +7.9% |
| Menifee Lakes | $545K | $570K | +4.6% |
| Southeast Perris | $550K | $575K | +4.5% |
Housing Supply in Sun City, CA
How many homes are available in Sun City, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 160 | 181 | +13.1% |
Summary: The Sun City real estate market had 181 homes for sale in October 2024, a 13.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 85 | 98 | +15.3% |
| 3 Bedrooms | 54 | 63 | +16.7% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sun City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun City, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Sun City in October 2024, up by 3.3% month-over-month. Of the 31 sold homes, 42% were sold under asking, 39% were sold at asking, and 19% were sold over asking.
Days on Market for Sun City, CA
How long does it take to sell a home in Sun City, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 41 Days | +7.3% |
Summary: Homes in Sun City had an average of 41 days on market in Oct 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sun City has remained consistent over time.
Summary: During October 2024, 31 homes were sold in Sun City; 42% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.