Casa Los Cerros Tempe Residential Sales Gain 120%

Through the end of August 2015, the Casa Los Cerros subdivision in Tempe AZ recorded 11 residential properties sold year to date. The average price of $95,027 rose 5.5% from the same reporting period in 2014. The overall number of sold listings in Casa Los Cerros recorded a 120% advance over the same period last year, which had 5 homes sold, a year-over-year gain of 6 completed sales transactions. The 70,000-79,999 price range posted one of the greatest numbers of closed sales this year at 3 completed transactions.

Properties For Sale Gain 8%. Casa Los Cerros has seen a total of 14 actively listed for sale homes during 2015 through the month of August. With 5 residences for sale, the 80,000-89,999 price category had one of the greatest numbers of units. Compared to this period one year ago, which showed 13 houses for sale, Casa Los Cerros saw a 7.7% increase in the total number of active listings, showing a net advance of 1 residential home. The area's average active listed price year to date of $95,729 was an increase of 1.1% over the average list price of $94,723 from the same time period a year ago. The cumulative days on market (CDOM) for active homes for sale in Casa Los Cerros was 109 days through the end of August, a 6.9% gain compared to the same period during 2014. Home listings are taking more time to sell this year on average.

Sam Lawmaster is a Tempe real estate agent specializing in residential listings. Data courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive the most current Casa Los Cerros real estate info or to obtain a complimentary evaluation of your current property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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