Oct 2016 Retire AZ Market Snapshot

Oct 2016 Retire AZ Market Snapshot

PEBBLECREEK REAL ESTATE MARKET UPDATE (Oct 2016)

There are more homes listed by sellers than normal due to the seller’s market. There are currently 62 homes for sale in PebbleCreek compared to last year at this time which was 40. There is 3.60 months of inventory as sellers put their home on the market this month in anticipation of season. The average price of a single family is $335,452. Average days on market in September was 96 days with homes selling on average for 97% of asking price.
October PebbleCreek Snapshot

Active 62
Under contract taking backups 20
Pending 13
Sold (Sept) 20
Median estimated Home Value $339,910
Home Value change over last month +.27%
12 month Home Value change +2.17%

 

SUN CITY GRAND REAL ESTATE MARKET UPDATE (Oct 2016)

Currently the real estate market in Sun City Grand Retirement Community is slanted towards a seller’s market. There was a fair amount of activity during the off season when the snowbirds were gone and now as they return busier than usual. Currently, in October, there are 143 homes for sale compared to 90 last year. More sellers are putting their homes on the market sooner with the hot seller’s market. There is 2.88 months of inventory which is low as 4.0 months of inventory is considered a balanced market between buyers and sellers. The average price of a single family is $268,195. Average days on market in September was 117 days with homes selling on average for 97.5% of asking price. Homes that are priced right are selling at or above asking price.

October Sun City Grand Snapshot

Active 143
Under Contract Taking Backups 19

Rowlson Sharon
Rowlson Sharon

Sharon Rowlson is a Realtor specializing in Retirement Communities in Phoenix Arizona. Her real estate focus is Active Adult Communities in the West Valley of Phoenix. The 55 plus communities she works in include popular Phoenix Arizona Retirement Communities like Sun City, Sun City West, Sun City Grand, Sun City Festival, PebbleCreek, Corte Bella Country Club, Arizona Traditions, CantaMia, Trilogy at Vistancia and Victory at Verrado. Contact Sharon anytime.

Sharon Rowlson, REALTOR®

Specializing in Phoenix Arizona Active Adult Retirement Communities
HomeSmart International Elite Group
P: (623) 552-0228
sharon@retireaz-resortstyle.com