Sun Lakes Real Estate Market Update




By the end of January, we had 220 properties listed for sale. Of those, 190 were single-family homes, 21 were manufactured or mobile homes, and 8 were townhouses.

Right now, $139 is the average price per square foot for all home types. That is a 4.5% increase since 2015. As of last week, the average list price is $284,742.

The highest priced house on the market now asks for $899,900. For townhouses, the highest price is $278,000 and the lowest is $189,000. For manufactured homes, the highest price is $194,900, and the lowest price is $92,000.


Where do we go from here? We know that right now, interest rates are historically low. The Fed increased rates by 0.25% at the end of 2015, and we can expect more quarter-point increases with each quarter.

Also, buyers right now are looking for turnkey homes. Older folks are coming into the market, and they don’t want to spend a lot of time fixing up a property. Resolve repairs inside your home before listing. Otherwise, it could sit there for awhile.

If you have any questions about today’s video, give us a call or send us an email. We would be happy to help you!
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Location: Sun Lakes, AZ, USA

Know the True Value of Your Sun Lakes Home



How accurate are the websites that give you home valuations? Trulia, Zillow, and Realtor.com all offer home values based on their different algorithims. You need to know the accurate value of your home if you are planning on selling. Home value is also important for long-term finances.

Recently, a client called and asked me about the value of her home. One website said her home was worth $360,000, and another site said her home was nearly worth $400,000. Which website was she supposed to believe?


I sat down with her, looked at her home, and compared her property to active listings in her area. Her home was worth $440,000. If she had listened to either website, she would have left tens of thousands of dollars on the table.

The key to home value is accuracy. If you still want to go to the website, you’re going to need three things: a horseshoe, a four-leaf clover, and a rabbit’s foot. That way, you’ll have all the luck you can get!

 If you want an accurate valuation of your property, give me a call. I would be happy to help you!
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Location: Sun Lakes, AZ, USA
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