Foothills Paseo Phoenix Homes For Sale Show 46% Gain

Through August 31, 2015, the Foothills Paseo subdivision in Phoenix reported 35 actively listed homes for sale year to date, and the 200,000-249,999 price range saw one of the greatest numbers of houses for sale at 11 properties. The total amount of active listings in Foothills Paseo recorded a 45.8% advance when compared to this reporting period one year ago, which reported 24 for sale properties, a net increase of 11 homes. The average year-to-date active listed price posted a rise of .9% in comparison to the same time period during 2014, reaching $256,413. The average days on market for active homes for sale in Foothills Paseo was 54 days through the end of August, a 32.5% fall from the average in comparison to this time period during 2014. Listings appear to be taking less days to sell this year on average.

Residences Sold Gain 23%. Foothills Paseo posted 16 house sales year to date as of August 2015, and the average sales price of $247,488 gained 3.4% above the average closed price of $239,300 from this time period during 2014. The overall number of sold listings in Foothills Paseo showed a 23.1% increase over the same period in 2014, which posted 13 sold residences, a year-over-year advance of 3 closed sales. Reporting 7 residences sold year to date, the 200,000-249,999 price range recorded one of the greatest numbers of completed transactions.

Data supplied by ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive current Foothills Paseo real estate market info or to request a free no obligation evaluation of your current property, please call Phoenix real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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