Mountain Park Ranch Phoenix AZ Gains 25% in Property Sales

The Mountain Park Ranch subdivision in Phoenix, AZ has seen a total of 130 residential properties sold year to date through August 2015. The average sales price of $329,171 showed an advance of 5.0% from the same period one year ago. When compared to this reporting period in 2014, which showed 104 sold homes, Mountain Park Ranch experienced a 25% gain in total number of sold residential listings, a year-to-year net advance 26 completed sales. At 43 homes sold year to date, the 300,000-399,999 price range reported one of the largest numbers of closed sales.

For Sale Homes Record 22% Rise. By the end of August 2015, Mountain Park Ranch had a total of 222 actively listed homes so far this year. The 300,000-399,999 price range recorded one of the largest numbers of houses for sale with 81 properties listed. Compared to the same time period during 2014, which reported 182 houses for sale, Mountain Park Ranch experienced a 22% gain in the overall number of active listings, a net advance of 40 residential properties. The area's average active listed price year to date of $350,346 showed a gain of 6.3% over the average listed price of $329,488 from the same time range one year ago. Properties for sale appear to be taking less days to sell this year on average. In comparison to this period in 2014, the cumulative days on market (CDOM) for actively listed properties in Mountain Park Ranch was 71 days, a reduction of 2.7%.

Stats provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. For the most current Mountain Park Ranch real estate market info or to obtain a complimentary evaluation of your current property, please call Phoenix real estate agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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