Carefree Property Sales Record 54% Gain

Carefree Arizona posted 134 residential property sales year to date through the month of October 2015 as the average closed sales price of $682,443 posted a net fall of 8.0% from the same reporting period one year ago. When compared to this time period a year ago, which saw 87 homes sold, Carefree showed a 54% gain in overall volume of sold listings, a year-over-year increase 47 closed sales. The 750,000-999,999 price bracket saw one of the largest numbers of property sales this year at 35 completed purchases.

Property Listings Rise 23%. Through the end of October 2015, Carefree reported 373 active listings this year, and the 750,000-999,999 price category saw one of the largest numbers of residences for sale with 89 properties. The total active residential listings inventory in Carefree recorded a 22.7% increase compared to the same period a year ago, which had 304 for sale properties, a year-to-year net gain of 69 units. The area's average active listed price year to date of $940,588 posted an increase of 2.6% above the average list price of $916,730 from the same reporting period a year ago. The cumulative days on market (CDOM) for active properties for sale in Carefree was 191 days through the end of October, showing a 20.9% gain when compared to this reporting period last year. Listed homes appear to be taking more time to sell this year on average.

Sam Lawmaster is a Carefree real estate agent and market specialist. Stats courtesy of ARMLS and deemed accurate but not guaranteed; percentages rounded. To receive current local real estate market info or to request a free no obligation evaluation of your current home, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.

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