Carefree AZ Sees 53% Upturn in Property Sales

By the end of August, Carefree, AZ saw 112 residential property sales year to date. The average closed sales price of $677,106 showed a reduction of 7.0% from the average closed price of $728,154 from the same time range a year ago. The overall number of sold residential listings in Carefree saw a 53.4% rise over the same time range last year, which had 73 property sales, a year-to-year increase of 39 completed sales transactions. The 750,000-999,999 price range saw one of the greatest numbers of property sales this year at 29 closed transactions.

House Listings Record 22% Rise. Carefree posted a total of 309 active home listings for sale so far in 2015 through August, and the 750,000-999,999 price range posted one of the highest numbers of residences for sale with 75 properties listed. Compared to this reporting period a year ago, which recorded 253 properties for sale, Carefree had a 22.1% increase in the overall number of active residential listings, a year-over-year net gain of 56 residential homes. The area's average year-to-date active list price showed a net gain of 3.9% in comparison to the same time range last year, gaining to $970,036. The cumulative days on market for active home listings in Carefree was 183 days through August 31. This is a 31.7% rise above the average compared to the same reporting period last year. Listed houses for sale are taking more time to sell this year on average.

Sam Lawmaster is a Carefree REALTOR and listing specialist. Data provided by ARMLS and deemed reliable but not guaranteed; percentages rounded. To receive current local real estate info or to obtain a free evaluation of your current home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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