The real estate market in Sun City is showing mixed signs of recovery. We have 770 active listings and 123 listings were sold in April. This results in 6.26 months of inventory. Thi 6.26 months of inventory (absorption rate) is very significant. An absorption rate of 6 is considered to be a balanced market. More than six is considered a buyer"s market. less than 6 is a seller's market. If this continues for 2 more months we will have a balanced market for the first time since the 2004-2005 market bubble.

Average selling prices were $135,000 for single family homes and $99,000 for condos and duplexes. Interest rates are at a 37 year low now. This, coupled with the first time buyer's refundable tax credit of up to $8,000 makes today the best time to buy a home in the memory of most agents in the business today.

Jim Little, your Sun City REALTOR

Sun City was started by Del Webb in 1960 when Del Webb opened with 5 model homes, a shopping center, motel, golf course and a recreation center. Originally conceived of as a retirement community for winter visitors, it has become a commmunity of 45,000 people, over 60% permanent residents. If only Del could see it now.

Sun City has 11 golf courses, 3 of which are country clubs. For those who don't golf, Sun City has 7 recreation centers offering sports includin swimming and tennis and pickleball to name a few. Each recreation center has a pool, as well as facilitied for every imaginable hobby, kept current to reflect today's interests and desires. One example is the personal computer clubs. It was 24 years after Sun City was started that the first personal computer was commonly available. At this time there are over 140 activity clubs. Rec fees are currently $420 per couple for a year (4/1/07) Golf fees range from $13 per round in the summer, (Yes we do golf in the summer) to $1186 unlimited as of Oct. 2006.

We are a proud neighbor and supporter of Luke Air Force Base, about 6 miles west. Luke provides services to our many veterans and military retirees.

All of the services you could desire are in Sun City and the immediate area. Malls, shops, hotels, restaurants, medical and hospitals are all convenient.

Homes and condominiums for sale in Sun City range from a studio condo listed for $69,500 to a 5 bedroom custom at $725,000

For more information on Sun City, please fell free to contact me

Jim Little, your Sun City REALTOR® 800-877-1776 or 623-521-6768

Please visit my Web Site, suncityneighborhood.com where you can search the MLS with no registration for free.