Cobblestone Farms Maricopa Residential Sales Post 29% Uptick

By the end of August, the Cobblestone Farms subdivision in Maricopa AZ had a total of 44 residential home sales year to date, and the average closed sales price of $200,178 recorded a net fall of 2.0% from the same time range last year. The overall amount of sold residential listings in Cobblestone Farms showed a 29.4% advance compared to the same reporting period a year ago, which posted 34 home sales, a year-to-year advance of 10 completed sales. The 140,000-159,999 price category showed one of the greatest numbers of completed sales this year at 11 completed purchases.

Listings Gain 9%. Cobblestone Farms saw 85 active home listings for sale during 2015 through the month of August. With 23 residences for sale the 200,000-249,999 price bracket had one of the greatest numbers of units. The total inventory of active listings in Cobblestone Farms saw a 9% rise compared to the same period in 2014, which reported 78 for sale properties, a year-to-year increase of 7 homes. The area's average active list price year to date of $214,017 was an increase of 5% over the average listed price of $203,826 from this time period during 2014. The cumulative days on market for actively listed for sale homes in Cobblestone Farms was 88 days through the month of August, which is a 10.0% advance compared to the same time period a year ago. Listed homes are on the market longer this year on average.

Data courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. For the most current Cobblestone Farms real estate market info or to request a complimentary evaluation of your home, please call Maricopa REALTOR Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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