Where Are We Seeing Improvement in Our Market?

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Today we are excited to share with you the latest news and statistics for the Sun Lakes real estate market. The first thing we want to talk about is inventory. Last month, we had 75 total single-family homes for sale here in Sun Lakes, a population of 10,000. 

Right now, we have approximately 115 single-family homes available. This is quite a jump in inventory over the last few months. What does it mean for the buyers and sellers out there?

For sellers, it means that there is more competition for your home than there previously was. We have a lot more homes on the market than we did a month or two ago. 

For buyers, interest rates are still very low, so it definitely makes sense to buy. The inventory increase will help soften prices a little bit, but you’ve got to be aggressive if you want to secure the best home possible. 

This is a good market for both buyers and sellers in general. If you have any questions for us, feel free to give us a call or send us an email. We look forward to hearing from you!