Here is your Bellasera Market Update for OCTOBER 2017:

FOR SALE

12

- Average Asking Price

$619,800

- Average Square Feet

2,569

- Average Asking Price per Sq. Foot

$243

- Average Days on Market

49

- SHORT SALES – LENDER OWNED

0

 

 

PENDING

0

- Average Asking Price

$0

- Average Square Feet

0

- Average Asking Price per Sq. Foot

$0

- Average Days on Market

0

7- SHORT SALES – LENDER OWNED

0

SOLD 2017*

29

- Average Sales Price

$603,407

- Sales Price to List Price

97%

- Average Square Feet

2,646

- Average Sales Price per Sq. Foot

$232

- 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 SALE, PENDING, and SOLD by FLOORPLAN.

The number of homes currently FOR SALE in the Valley are:  18,661 - compared to SEPTEMBER of 17,628.

There are 9,602 homes currently under contract compared to SEPTEMBER of 10,234.

8,969 homes SOLD in SEPTEMBER in the Valley compared to AUGUST of 8,221 (out of the 8,969  homes that sold in AUGUST – only 791 homes sold over $500,000 (12%.)

THE MARKET:

Fall is here and new listings are coming on the market – 12 homes currently for sale in Bellasera.  There is a wide range of price and floorplans. If you want to downsize or upsize, please give us a call.  We have lived and sold Bellasera homes for 14 years. 

From ARMLS STAT REPORT for AUGUST 2017  published SEPTEMBER 14, 2017:

Sales volume in August was roughly 3.4% higher than the 2016. Sales volume for the first 5 months of 2017 was 7.6% higher than 2016.

Charts below are through “AUGUST 2017”:

            +3.3% Month-over-Month                                                              +3.4% Year-over-Year

                         MSI – JULY 2.74                                                        MSI – AUGUST 2.65

                 -10 days Month-over-Month                                                 +1 day Year-over-Year

                 Year-over-year average  +8.3%                                    Year-over-year median  +6.5%

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)

 12

$249

      0

    $0

  29

$232

                  0

Terravita (1,380 homes)

30

$267

               6

           $259

  59

$251

                  1

Winfield (511 homes)

 

  (*Custom Homes)

12

$235

    *2 - $347

               4 

           $220

   *1 - $192

   30

$229

        *2 - $257

                  0

 (Data from the Arizona Regional MLS (FLEX MLS) and subject to change – Information as of 10/8/17).

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

85266 Zip Code

 

FOR SALE

 

 

          217

 

PENDING

 

 

46

 

TOTAL SOLD 2017

 

 

311

SOLD

SHORT SALE-

LENDER OWNED

 

1

 

 

Average Price Per Sq. Ft.

 

 

$272

      

 

    $283

 

 

$235

 

 

$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

 

 TO SEARCH FOR HOMES - CLICK HERE

 

Steve and Joan Wallace

Steve’s Cell:  602-463-5254

Joan’s Cell:   602-361-8111

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