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Sun City Grand December 2021

What a Real Estate ride it’s been!

Bidding wars, skyrocketing home values and low rates made it a year unlike any other for homeowners and buyers:

Inventory fell to record-setting lows, with far fewer homes for sale than buyers wanted. The resulting bidding wars created record-setting price increases, too.
Rates remained low with a few small bumps along the way, but record rates of inflation placed them on an upward trajectory at year’s end. They are still below historical norms.
Rising values brought large increases in homeowner equity, so even those who weren’t moving benefited from the strong market.
What’s ahead in 2022?

If there’s one thing the last two years have taught, it’s that predictions are fallible. Here’s what can be said with confidence:
Inflation typically brings higher interest rates. The Fed has already indicated it will likely raise policy rates (which influence mortgage rates) in 2022.
Housing inventory remains tight as we enter the new year, though it is loosening. Continuing demand will create higher prices, but rates of increase will likely slow.
A strong jobs market and rising wages will help to keep demand rising and affordability in check.
Refinancing will probably continue its slide after a boom in 2020. But we’re already seeing many homeowners who previously refinanced to a low rate take advantage of their newfound equity to access cash for home improvements, debt consolidation and other investments!

Homes Sold ON the Gold Course

Marketing Name	SQFT	Original List Price	Final List Price	Sold Price	Days on Market	Address
BORGATA	1,894	$648,900	$648,900	$648,900	0	15139 W DAYBREAK DR
CHOLLA + 3CG	2,091	$659,900	$659,900	$667,000	46	15418 W PARADISO CT
HACIENDA	2,334	$620,000	$620,000	$620,000	2	19447 N CANYON WHISPER DR
PALO VERDE	1,850	$599,000	$524,900	$495,000	91	16450 W DESERT WREN CT
PALO VERDE + POOL + CASITA + 3 CG	1,954	$749,000	$699,900	$700,000	60	17134 N AUGUSTA LN
STONECREST	2,362	$550,000	$535,000	$515,000	46	18356 N HARTFORD DR
WINDSOR + 3 CG	3,411	$929,500	$929,500	$932,000	46	19662 N COBBLESTONE CT
AVERAGES	2,271	$679,471	$659,729	$653,986	42

Homes Sold OFF the Golf Course

Marketing Name	SQFT	Original List Price	Final List Price	Sold Price	Days on Market	Address
ACACIA	1,414	$359,000	$359,000	$359,000	45	20312 N QUEEN PALM LN
AZALEA	1,500	$415,000	$415,000	$436,500	2	18915 N SUNSITES DR
BORGATA	1,894	$469,900	$469,900	$470,000	13	18807 N SUMMERBREEZE WAY
BORGATA	1,950	$469,000	$469,000	$485,000	33	16716 W RINCON PEAK DR
CEDAR	1,099	$315,500	$315,500	$316,000	29	16367 W LABYRINTH LN
CEDAR	1,099	$350,000	$350,000	$365,000	2	16211 W MOUNTAIN PASS DR
CHOLLA	1,972	$457,500	$457,500	$485,080	5	18235 N STERLING DR
CORDOVA	2,290	$580,900	$580,900	$580,900	19	15571 W PRAIRIE DUNES DR
CYPRESS	1,282	$364,900	$364,900	$364,900	27	19410 N CANYON WHISPER DR
CYPRESS	1,260	$350,000	$350,000	$365,000	1	15442 W MOONLIGHT WAY
HACIENDA	2,334	$569,000	$569,000	$575,000	22	17189 W GABLE END LN
HERITAGE	1,411	$375,000	$359,900	$359,900	14	18483 N Red Mountain WAY
LANTANA	1,546	$379,000	$379,000	$379,000	40	15904 W LA PALOMA DR
LANTANA	1,652	$499,000	$499,000	$499,000	35	19550 N RIM DR N
MADERA	1,627	$365,000	$365,000	$375,000	1	16232 W TAPATIO DR
MADERA	1,627	$425,000	$425,000	$420,000	5	15573 W CORAL POINTE DR
MADERA	1,627	$419,000	$419,000	$425,000	8	15110 W CAMINO ESTRELLA DR
MADERA	1,645	$420,000	$436,000	$432,000	51	15813 W BRIDGEWATER WAY
MESQUITE	2,779	$685,000	$685,000	$690,000	32	18255 N WILD MUSTANG DR
MISSION + 3 CG	2,352	$549,900	$549,900	$540,000	12	19669 N TOLBY CREEK CT
MONTERRA	1,096	$329,900	$329,900	$329,900	41	16142 W STARLIGHT DR
PALO VERDE	1,870	$440,000	$440,000	$435,000	14	15637 W DESERT SPOON WAY
PALO VERDE	1,870	$460,000	$460,000	$454,000	13	15222 W WATERFORD DR
PALO VERDE	1,915	$479,000	$479,000	$479,000	4	16195 W COPPER POINT LN
PALO VERDE	2,011	$575,000	$575,000	$550,000	4	15231 W PINEHURST LN
PALO VERDE + Casita	1,992	$485,000	$485,000	$455,000	23	18848 N SUNSITES DR
SAGE	1,338	$359,900	$359,900	$359,900	5	15864 W ALPINE RIDGE DR
SAGE	1,338	$379,900	$379,900	$374,900	3	16247 W MOUNTAIN PASS DR
SAGE	1,338	$395,000	$395,000	$385,000	59	20673 N SHADOW MOUNTAIN DR
SONOMA + Casita	1,863	$499,000	$499,000	$499,000	52	20585 N GARDEN CT
STONECREST	2,753	$599,000	$569,000	$545,000	54	18303 N STERLING DR
STONECREST	2,282	$555,000	$555,000	$555,000	28	15816 W SAGE TRL
SUNDANCE	1,300	$357,000	$357,000	$357,000	37	19507 N BRIGHT ANGEL LN
SUNDANCE	1,300	$339,000	$369,000	$357,500	55	19541 N CARRIAGE LN
SUNDANCE	1,300	$358,000	$362,000	$367,000	4	15890 W REMINGTON DR
SYCAMORE	1,706	$465,000	$465,000	$465,000	0	17243 W CORDOVA CT
VALENCIA II	1,948	$487,000	$484,000	$484,000	75	21128 N VISTA TRL
VALENCIA II	1,948	$479,900	$479,900	$485,000	29	16558 W WILD HORSE WAY
WILLOW	1,183	$349,500	$349,500	$349,500	70	16502 W La Posada LN
WILLOW	1,183	$369,000	$369,000	$372,000	3	15641 W AZALEA LN
AVERAGES	1,697	$439,468	$439,515	$439,525	24

La Solana at Sun City Grand - NO SALES REPORTED ON MULTIPLE LISTING

Properties on this recently sold list have been listed or sold by various participants in the Arizona Multiple Listing Service. Information deemed reliable and accurate but not guaranteed.

Call Leolinda Bowers at 602-403-6865 when buying or selling a home in Arizona West Valley retirement and golf course communities!
Sun City Grand Grand Surprise AZ
Aloha and Mahalo for researching LEOLINDA.com for December 2021 homes sales in Sun City Grand Surprise AZ