Cobblestone Farms Maricopa Property Sales See 18% Gain

As of October 2015, the Cobblestone Farms community in Maricopa Arizona saw 52 property sales year to date as the average sales price of $204,054 posted a decrease of 1.7% from the average closed price of $207,484 from this period in 2014. When compared to this period one year ago, which posted 44 properties sold, Cobblestone Farms posted an 18.2% rise in total amount of sold residential listings, a year-to-year rise 8 closed sales transactions. Reporting 14 residential property sales year to date, the 200,000-249,999 price category posted one of the greatest numbers of completed transactions.

For Sale Homes See 11% Uptick. Cobblestone Farms has seen 100 actively listed for sale homes so far in 2015 through October. At 28 residences for sale, the 200,000-249,999 price category posted one of the largest numbers of listings. The overall number of active listings in Cobblestone Farms had an 11.1% advance compared to the same reporting period last year, which saw 90 for sale homes, a year-to-year increase of 10 homes. The area's average year-to-date active list price of $211,313 posted a gain of 3% above the average price of $205,256 from the same reporting period last year. Listed for sale homes appear to be taking less days to sell this year on average. When compared to this reporting period a year ago, the cumulative days on market (CDOM) for active for sale properties in Cobblestone Farms was 86 days, a reduction of 4.4%.

Information courtesy of ARMLS and deemed reliable but not guaranteed; percent changes rounded. For the most current Cobblestone Farms real estate information or to obtain a free evaluation of your current home, please call Maricopa real estate listing specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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