Dear Neighbors,

Here is your Bellasera Market update for JULY, 2013.

FOR SALE

3

- Average Asking Price

$724,333

- Average Square Feet

3,378

314- Average Asking Price per Sq. Foot

$219.74

- Average Days on Market

32

- SHORT SALES – LENDER OWNED

0

 

 

PENDING

3

- Average Asking Price

$515,633

- Average Square Feet

2,419

- Average Asking Price per Sq. Foot

$216.51

- Average Days on Market

146

- SHORT SALES – LENDER OWNED

0

SOLD*

16

- Average Sales Price

$558,769

- Sales Price to List Price

97%

- Average Square Feet

2,503

- Average Sales Price per Sq. Foot

$218.51

- Average Days on Market

74

- Lowest Sale Price

$377,000

- Highest Sale Price

$799,900

- SHORT SALES – LENDER OWNED

0

The attached spreadsheets shows the homes that are FOR SALE, PENDING, and SOLD by FLOORPLAN as well as CMA Maps for each.   

Home prices have gone up approximately 20% - which is good news for all of us.  It is better to buy in an up market.  With only 3 homes currently for sale in Bellasera, buyers are finding it difficult to purchase a home now that they are ready.   We can provide a Market Analysis if you are thinking about selling – email or call us to set up an appointment.                         

The number of homes currently for sale in the Valley are:  15,717 - compared to June of 15,441. 

There are 12,787 homes currently under contract compared to June of 13,885.

8,536 homes sold last month in the Valley compared to June of 9,508.

CHART COMPARISON: BELLASERA TERRAVITA - WINFIELD

 

FOR SALE /

AVG. SQ FT

PENDING/

AVG. SQ. FT

TOTAL SOLD 2012 /

AVG. SQ. FT.

SOLD-SHORT SALE-LENDER OWNED

Bellasera (360 homes)

3

$219.74

     3

      $216.51

16

$218.51

                  0

Terravita (1,380 homes)

13

$234.81

              8

        $242.81

67

$208.25

                  2

Winfield (511 homes)

(*Includes Custom Homes)

10

$214.50

   (*4 $266.81)

              2

       $223.62

 

19

$202.30

(*8 $255.65)

                  0

 (Data from the Arizona Regional MLS (FLEX MLS) and subject to change – Information as of 7/2/13).

Below is a chart that just includes the Zip Code of 85266:

 

85266 Zip Code

 

FOR SALE

 

 

          112

 

PENDING

 

 

46

 

TOTAL SOLD 2013

 

 

221

SOLD

SHORT SALE-

LENDER OWNED

For 2013

16

 

 

Average Price Per Sq. Ft.

 

 

$265.18

      

 

  $215.20

 

 

$206.21

 

 

$147.94

    *All Averages Includes

            Custom Homes

**SEE ATTACHED STATISTICS

                   REPORT

 NEWS ON THE HOUSING MARKET: (check out our website for “Housing Update”)

Go to:  www.joanwallacehomes.com or www.stevewallacehomes.com

Phoenix Business Journal  -  New home sales up 29% from a year ago
Read more ...

Inman - S&P/Case-Shiller: Phoenix prices gain 21.5% in April from a year ago
Read more ...

DSNews.com, June 25 - Delinquency, Foreclosure Rates Decrease to Post-Crisis Lows in May
The national delinquency rate and foreclosure inventory rate each fell to post-crisis lows in May, Lender Processing Services (LPS) reported Tuesday.
Read more ...

Pending Sales: Highest Since 2006

Video:
NAR's forward-lookng pending home sales index for May 2013 is up strongly for the month and has reached its highest level since 2006, NAR Chief Economist Lawrence Yun says. The data was released on June 27.
Listen to Video ...

 

 TO SEARCH FOR HOMES - CLICK HERE

 

Blinklist!Blogmarks!BlinkBits!Ask!

Add comment


Security code
Refresh