PebbleCreek See’s Big Drop in Pending and New Listings

pebble-creek-market-report-march-2018

PebbleCreek See’s Big Drop in Pending and New Listings

(PebbleCreek Real Estate Market Report October 2017)

Currently in Oct

81 Homes for Sale
9 Homes Pending
16 Homes Closed

September Housing numbers in PebbleCreek

In September 16 homes sold and there were 56 homes on the market in PebbleCreek. Pending and new listings dropped.   Compared to last year, in September, new listings were down -31.6% and pending listings down- 37%.  Sold listings were down 20 % and active listing were down -10%.  In September there was 3 months inventory.  Homes sold for 97.37% of list price which is the same as last month.

Current Real Estate Trends in PebbleCreek

PebbleCreek is seeing a shortage of homes as buyers can’t find homes in their price ranges.  As a result, average days on market in September jumped to 113 days from 96 same time last year.  With higher inventory there may be a little room for negotiation if it’s been on the market a while.  However, homes fresh on the MLS, that are priced right and updated, are going quickly. PebbleCreek is in a strong seller’s Market.

Trending over the Last 12 months in PebbleCreek

Sold Listings Down
Pending Listings Down
Active Listings Down
New Listings Down

Over the last year, the number of homes for sale in PebbleCreek is slightly down -9.5 %.   The number of new listings is also down at -13.5 %.  Sold listings are down only -3.7% and pending listings are down -1.3%.  Last year at this time, there were 190 properties sold compared to 193 in 2017.    Great news for PebbleCreek home owners, median home values are up +4.84% over the last 12 months.

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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