Apache Wells Mesa AZ Posts 23.5% Uptick in Home Sales Prices

Through August, the Apache Wells subdivision in Mesa, Arizona posted 57 residences sold year to date as the average closed sales price of $175,287 saw a gain of 23.5% above the average price of $141,937 from the same time range in 2014. When compared to the same period one year ago, which recorded 73 sold homes, Apache Wells experienced a 21.9% fall in total amount of sold listings, a year-over-year fall 16 closed transactions. Reporting 10 house sales year to date, the 180,000-199,999 price category showed one of the largest numbers of completed sales.

House Listings See 23% Decrease. Apache Wells has seen a total of 109 actively listed homes for sale so far in 2015 through August. The 120,000-139,999 price category reported one of the largest numbers of homes for sale at 18 properties. The overall active listings inventory in Apache Wells recorded a 23.2% decrease compared to the same period last year, which saw 142 homes for sale, a year-to-year net decline of 33 residential homes. The year-to-date average active listed price showed a net advance of 9.2% compared to the same time range during 2014, gaining to $178,707. Property listings are staying on the maket less days this year on average. Compared to the same reporting period one year ago, the average days on market for actively listed for sale houses in Apache Wells was 102 days, a decrease of 18.4%.

Sam Lawmaster is a Mesa real estate agent and market specialist. Market data courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most current Apache Wells real estate info or to obtain a free no obligation evaluation of your current home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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