Crossriver Sun City AZ Reports 22% Rise in Property Sales

By the end of August, the Crossriver development in Sun City, AZ reported 60 houses sold year to date as the average sales price of $228,847 saw a decrease of 3.2% from the average closed price of $236,384 from the same reporting period one year ago. When compared to this time range a year ago, which showed 49 sold properties, Crossriver showed a 22.4% gain in total amount of sold listings, showing a net increase 11 completed sales. The 200,000-249,999 price category reported one of the highest numbers of homes sales this year with 33 completed purchases.

House Listings Record 2% Gain. Crossriver recorded a total of 90 actively listed for sale homes so far in 2015 through the month of August, and the 200,000-249,999 price category recorded one of the largest numbers of residences for sale with 50 units listed. When compared to this time period one year ago, which recorded 88 for sale properties, Crossriver posted a 2.3% rise in the overall number of active residential listings, a year-to-year net gain of 2 residential properties. The area's average active list price year to date of $240,387 recorded a reduction of 0.1% below the average price of $240,702 from the same time period during 2014. The cumulative days on market (CDOM) for active residences for sale in Crossriver was 68 days through the month of August. This is a 28.3% increase in comparison to this time range in 2014. Listed properties appear to be taking more time to sell this year on average.

Sam Lawmaster is a Sun City REALTOR who specializes in residential listings. Info supplied by ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most current Crossriver real estate info or to request a complimentary evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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