Lakewood Phoenix AZ Gains 20% in Houses Sold

As of August 31, 2015, the Lakewood neighborhood in Phoenix AZ posted 66 residential listings sold year to date. The average closed sales price of $335,352 posted an increase of .5% over the average price of $333,611 from the same time range during 2014. When compared to this reporting period in 2014, which saw 55 properties sold, Lakewood had a 20% advance in overall number of sold listings, a year-to-year rise 11 completed sales transactions. At 28 residential properties sold year to date, the 300,000-399,999 price bracket had one of the largest numbers of completed sales transactions.

Home Listing Prices See 4% Increase. Lakewood reported 112 active homes for sale so far in 2015 through the end of August. Reporting 55 homes for sale, the 300,000-399,999 price category reported one of the greatest numbers of properties listed. Compared to this period a year ago, which had 111 for sale homes, Lakewood experienced a 0.9% increase in the overall amount of active listings, a net gain of 1 property. The area's average year-to-date active listed price showed a net gain of 3.8% when compared to this reporting period last year, coming in at $363,878. The average days on market for active home listings in Lakewood was 76 days through August. This is a 2.6% reduction compared to the same time range last year. Properties for sale are taking fewer days to sell this year on average.

Sam Lawmaster is a Phoenix real estate agent who specializes in residential listings. Info supplied by ARMLS and deemed reliable but not guaranteed; percent changes rounded. To receive current Lakewood real estate information or to request a free no obligation evaluation of your home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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