By Sam Lawmaster August 18, 2015

Laveen reported a total of 525 home sales year to date through July 31, 2015. The average closed sales price of $194,995 showed an increase of 3.4% over the average price of $188,637 from the same period during 2014. The total volume of sold residential listings in Laveen saw a 15.9% rise from the same time range last year, which showed 453 properties sold, a net gain of 72 completed transactions. The 160,000-179,999 price category reported the largest number of completed sales this year with 138 completed transactions. Laveen saw $17.7M in total volume of sold properties in July 2015.

For Sale Home Prices See 4% Gain. As of July 2015, Laveen reported 884 actively listed for sale homes year to date. The 160,000-179,999 price range showed the greatest number of homes for sale with 203 units listed. The total inventory of active residential listings in Laveen had a 2.3% fall from the same reporting period during 2014, which showed 905 properties for sale, a year-over-year net fall of 21 residential properties. The area's average active listed price year to date of $212,962 saw an increase of 3.6% above the average price of $205,481 from the same time period during 2014. Listed for sale homes are on the market longer this year on average. When compared to this reporting period one year ago, the cumulative days on market for active properties for sale in Laveen was 72 days, a rise of 2.9%.

Sam Lawmaster is a Laveen REALTOR specializing in residential listings. Information provided by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current local real estate information or to obtain a free no obligation evaluation of your property, please contact Sam with Realty ONE Group at (602) 680-8096 or TheLawmasters@gmail.com.

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