Here is your Bellasera Market Update for SEPTEMBER 2017:

FOR SALE

7

- Average Asking Price

$622,486

- Average Square Feet

2,527

- Average Asking Price per Sq. Foot

$249

- Average Days on Market

163

- SHORT SALES – LENDER OWNED

0

 

 

PENDING

1

- Average Asking Price

$620,000

- Average Square Feet

2,816

- Average Asking Price per Sq. Foot

$220

- Average Days on Market

117

7- SHORT SALES – LENDER OWNED

0

SOLD 2017*

28

- Average Sales Price

$603,350

- Sales Price to List Price

97%

- Average Square Feet

2,640

- Average Sales Price per Sq. Foot

$233

- Average Days on Market

132

- Lowest Sale Price

$420,000

- Highest Sale Price

$835,000

- SHORT SALES – LENDER OWNED

0

 

 

SOLD 2016*

26

- Average Sales Price

$601,558

- Sales Price to List Price

96%

- Average Square Feet

2,639

- Average Sales Price per Sq. Foot

$232

- Average Days on Market

139

- Lowest Sale Price

$390,000

- Highest Sale Price

$875,000

- SHORT SALES – LENDER OWNED

0

 

 

The attached spreadsheets shows the homes that are FOR SALEPENDING, and SOLD byFLOORPLAN.

The number of homes currently FOR SALE in the Valley are:  17,628 - compared to JULY of17,951.

There are 10,234 homes currently under contract compared to JULY of 11,278.

8,221 homes SOLD in AUGUST in the Valley compared to JULY of 8,021 (out of the 8,221  homes that sold in AUGUST – only 698 homes sold over $500,000 (8%.)

THE MARKET:

There are 7 homes for sale in Bellasera – the summer has been quite with only 1 home going under contract.  If you are thinking of selling, with Fall coming and so few homes on the market, now would be a good time!  We have lived and sold Bellasera homes for 14 years.  Give us a call for an analysis on the market and your home!

From ARMLS STAT REPORT for JULY 2017  published AUGUST 25, 2017:

The editor writes:  When I read the national news reports, I see instability and fear, but when I view our local numbers I see a com­pletely tame and healthy market highlighted by steady consistent growth. What makes our local housing numbers so remarkable the past year is just how consistent they have been.

If our housing numbers were viewed in terms of a personal medical report, most of our reporting numbers would be in the ideal range. Appreciation is outpacing inflation and, while it would be nice to see more new home construction in the entry buyer ranges, our overall numbers are very good. We have seen 68 straight months of year-over-year gains in the median sales price.

Charts below are through “JULY 2017”:

1709-1

             -16.4% Month-over-Month                                                              +2.9% Year-over-Year

1709-2

                         MSI – JUNE 2.35                                                        MSI – JULY  2.74

1709-3

                 -7 days Month-over-Month                                                  -10 days Year-over-Year

1709-4

                 Year-over-year average  +8.6%                                    Year-over-year median  +7.6%

CHART COMPARISON: BELLASERA  TERRAVITA – WINFIELD  

 

FOR SALE /

AVG. SQ FT

PENDING/

AVG. SQ. FT

TOTAL SOLD 2017 /

AVG. SQ. FT.

SOLD-SHORT SALE-LENDER OWNED

Bellasera (360 homes)

 7

$249

      1

    $220

  28

$233

                  0

Terravita (1,380 homes)

16

$257

               8

           $263

  51

$253

                  1

Winfield (511 homes)

 

  (*Custom Homes)

13

$235

    *1 - $411

               2

           $207

  * 2 - $230

   29

$230

        *1 - $267

                  0

 (Data from the Arizona Regional MLS (FLEX MLS) and subject to change – Information as of 9/5/17).

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

 

85266 Zip Code

 

FOR SALE

 

 

          182

 

PENDING

 

 

48

 

TOTAL SOLD 2017

 

 

273

SOLD

SHORT SALE-

LENDER OWNED

 

1

 

 

Average Price Per Sq. Ft.

 

 

$267

      

 

    $278

 

 

$237

 

 

$192

    *All Averages Includes

            Custom Homes

       

  *SEE ATTACHED          

MARKET SUMMARY

            REPORT

If you  want to downsize or upsize or buy a new build, give us a call –  we list and sell in many areas of the Valley.

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

Blinklist!Blogmarks!BlinkBits!Ask!

Add comment


Security code
Refresh