Geneva Estates Chandler AZ Home Sales See 80% Uptick

Through the month of August 2015, the Geneva Estates development in Chandler Arizona reported 18 residential properties sold year to date as the average closed sales price of $455,547 saw an increase of 4.9% over the average price of $434,380 from this time period during 2014. The overall number of sold listings in Geneva Estates experienced a 80% advance when compared to this time period during 2014, which showed a volume of 10 home sales, a year-over-year net gain of 8 closed transactions. The 400,000-499,999 price category had one of the greatest numbers of homes sales this year at 10 completed purchases.

House Listings Show 35% Gain. Geneva Estates showed 23 active listings in 2015 through August. The 400,000-499,999 price range posted one of the largest numbers of houses for sale with 18 listings. The total active residential listings inventory in Geneva Estates experienced a 35.3% gain from the same reporting period a year ago, which had 17 homes for sale, a year-to-year rise of 6 homes. The average year-to-date active list price of $467,693 rose 2.7% over the average list price of $455,453 from the same time range in 2014. Listed properties are taking less time to sell this year on average. When compared to this time range one year ago, the cumulative days on market for actively listed for sale homes in Geneva Estates was 63 days, a decline of 17.1%.

Info supplied by ARMLS and deemed reliable but not guaranteed; percentages rounded. To receive the most current Geneva Estates real estate market info or to request a complimentary evaluation of your current property, please call Chandler real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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