Desert Cedars Maricopa AZ Active Properties For Sale Post 38% Gain

The Desert Cedars subdivision in Maricopa AZ posted 44 active for sale properties so far in 2015 through August. The 140,000-159,999 price category reported one of the highest numbers of residences for sale at 13. When compared to this time period during 2014, which showed 32 homes for sale, Desert Cedars saw a 37.5% rise in the total amount of active listings, a year-to-year net increase of 12 residential properties. The year-to-date average active list price showed a net drop of 2.2% compared to the same reporting period during 2014, coming in at $165,494. The cumulative days on market (CDOM) for active home listings in Desert Cedars was 68 days through the end of August, which is a 3.0% increase when compared to this time period during 2014. Residences for sale appear to be taking more time to sell this year on average.

House Sales Report 38% Rise. Through August 2015, Desert Cedars showed a total of 22 property sales year to date as the average sales price of $166,573 showed a net reduction of 1.8% from this period in 2014. Compared to the same time period during 2014, which showed 16 sold properties, Desert Cedars had a 37.5% advance in total volume of sold residential listings, a year-to-year net advance 6 completed sales transactions. Reporting 5 properties sold year to date, the 120,000-139,999 price bracket saw one of the highest numbers of closed transactions.

Info courtesy of ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most current Desert Cedars real estate info or to obtain a free no obligation evaluation of your property, please call Maricopa real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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