Desert Cedars Maricopa AZ Rises 42% in Homes For Sale

The Desert Cedars subdivision in Maricopa recorded a total of 51 actively listed houses for sale so far in 2015 through October. The 140,000-159,999 price range saw one of the greatest numbers of residences for sale at 14 properties listed. The total number of active listings in Desert Cedars saw a 41.7% advance from the same reporting period during 2014, which posted 36 houses for sale, a net rise of 15 homes. The average active list price year to date of $169,362 fell 0.3% below the average price of $169,861 from the same time range during 2014. The cumulative days on market (CDOM) for active property listings in Desert Cedars was 72 days through the month of October, a 10.8% increase from the average in comparison to this period one year ago. Listings are taking longer to sell this year on average.

Property Sales See 33% Gain. Through October, Desert Cedars had a total of 28 home sales year to date. The average closed sales price of $162,211 posted a decline of 3.5% from this time range in 2014. The total number of sold listings in Desert Cedars recorded a 33.3% increase compared to the same time period last year, which had a volume of 21 sold properties, a year-to-year rise of 7 completed transactions. At 9 residential homes sold year to date, the 140,000-159,999 price range had one of the largest numbers of completed transactions.

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

Search Homes for Sale in Desert Cedars on our easy to use MLS real estate search. Get daily email alerts of new homes for sale as they become available plus price changes.

Leave a Reply