Home sales at Sun City Shadow Hills, an active-adult community (55 or better) in Indio continue to show increases this year. During the last six months 93 homes sold in Sun City Shadow Hills. That compares with 77 home sold during the same six-month period of 2010. Buyers seem to be continuing to take advantage of good values.
Sales of homes at Shadow Hills overt these past six months have ranged from $162,000 up to a high of $650,000. The lowest sale price last year during this same six month time period was $159,000 so Shadow Hills entry pricing seems to have moved up a bit in the last year.
As of today there are 83 active listings at Sun City Shadow Hills. This may sound like a lot of inventory until you consider that the Shadow Hills community is master planned for 3,200 homes at completion. This works out to a 5.3 month supply of home inventory at the current sales rates, which is well below the national and the Palm Springs area average. This continues to reflect a strong demand for value priced property in the desert.