North Heights Fountain Hills AZ Increases 83% in Residences Sold

The North Heights development in Fountain Hills reported a total of 11 property sales year to date as of August 31, 2015 as the average closed sales price of $613,818 saw a reduction of 4.4% below the average price of $641,833 from the same time range one year ago. The total number of sold listings in North Heights had a 83.3% increase when compared to this period during 2014, which saw 6 property sales, a year-to-year net rise of 5 completed transactions. At 6 residences sold year to date, the 550,000-749,999 price range recorded one of the highest numbers of completed transactions.

For Sale Homes Show 30% Uptick. Through the end of August 2015, North Heights has seen a total of 26 actively listed properties so far this year, and the 550,000-749,999 price category posted one of the largest numbers of residences for sale at 16. The overall inventory of active residential listings in North Heights experienced a 30% increase when compared to this time range in 2014, which showed 20 homes for sale, a year-to-year increase of 6. The year-to-date average active listed price posted a net decrease of 3.7% in comparison to the same period in 2014, decreasing to $657,577. The cumulative days on market for active property listings in North Heights was 184 days through the end of August, showing a 16.7% decrease when compared to this period in 2014. Property listings are requiring less market time this year on average.

Data provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. To receive current North Heights real estate information or to obtain a free no obligation evaluation of your property, please call Fountain Hills real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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