Tortosa Maricopa AZ Reports 35.1% Drop in Listed Home Prices

By the end of August, the Tortosa neighborhood in Maricopa reported a total of 97 active houses for sale this year. Reporting 25 residences for sale, the 120,000-139,999 price range FALSEproperties listed. In comparison to the same time range one year ago, which showed 120 residences for sale, Tortosa had a 19.2% fall in the overall active listings inventory, showing a net fall of 23 properties. The average year-to-date active list price posted a fall of 35.1% compared to this time period one year ago, coming in at $154,745. Listed homes for sale are staying on the maket less days this year on average. When compared to this reporting period in 2014, the average days on market for active homes for sale in Tortosa was 90 days, a fall of 2.2%.

Residences Sold Post 19% Uptick. Tortosa has seen a total of 68 properties sold year to date through August 31, 2015 as the average closed sales price of $147,353 showed an advance of 12.4% from this period during 2014. The overall number of sold listings in Tortosa recorded a 19.3% increase over the same period last year, which showed 57 sold properties, a year-to-year net rise of 11 closed transactions. The 120,000-139,999 price bracket saw one of the highest numbers of closed sales this year at 18 completed transactions.

Stats provided by ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most recent Tortosa real estate information or to obtain a complimentary evaluation of your home, please call Maricopa real estate listing agent Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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