San Tan Valley AZ Properties Sold Report 10% Rise

By the end of August 2015, San Tan Valley Arizona saw a total of 1,443 home sales year to date. The average closed sales price of $181,350 showed a gain of 7.8% above the average closed price of $168,256 from the same reporting period one year ago. When compared to the same reporting period during 2014, which had 1,312 homes sold, San Tan Valley showed a 10% gain in overall number of sold residential listings, a year-over-year net gain 131 sales. With 303 residential homes sold year to date, the 140,000-159,999 price bracket had one of the greatest numbers of closed sales transactions.

Home Listing Prices See 9% Gain. San Tan Valley showed 2,465 active homes for sale in 2015 through the month of August. At 496 homes for sale, the 160,000-179,999 price bracket posted one of the highest numbers of units. Compared to the same period last year, which showed 2,523 residences for sale, San Tan Valley experienced a 2.3% decline in the overall amount of active residential listings, a year-to-year fall of 58 homes. The year-to-date average active list price of $198,172 posted a gain of 9% above the average price of $181,809 from the same period last year. Houses for sale are requiring less market time this year on average. In comparison to this time range one year ago, the cumulative days on market for active home listings for sale in San Tan Valley was 73 days, a decrease of 5.2%.

Information provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most current local real estate info or to obtain a free evaluation of your home, please call San Tan Valley real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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