Are Home Prices Rising in Sun Lakes?

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Value Report

We know right now that the market volume in Sun Lakes is up. We have more houses on the market right now than we have had in a while. We're in the middle of November, and we have approximately 150 homes on the market.

With the listing volume up, the average home price now stands at $235,000, which is up from $229,000 last year. That's an appreciation of 2.6%, which is very healthy. The average sale price in October actually fell by 7%, and this is due to a large amount of inventory on the market.

If you're looking to buy, now would be an excellent time to get into the market. There are lots of homes to choose from and interest rates are still sitting at historic lows. You have the opportunity to save thousands of dollars over the lifetime of your loan.

On a side note - the Cormorants have returned to the lakes! These birds are excellent fishers and we don't see them very often. They literally come in and clean out our lakes. In parts of Asia these birds have actually been trained to capture fish!

As always, please don't hesitate to contact me in regard to Sun Lakes real estate. I look forward to speaking with you!