Tortosa Maricopa AZ Shows 30.6% Downtick in Homes For Sale Prices

Through October 2015, the Tortosa community in Maricopa Arizona has seen 114 actively listed properties year to date. The 120,000-139,999 price range had one of the greatest numbers of homes for sale with 31 properties. Compared to the same period in 2014, which showed 140 for sale homes, Tortosa had an 18.6% reduction in the overall number of active listings, showing a net decline of 26 properties. The average active list price year to date of $156,013 recorded a reduction of 30.6% from the average listed price of $224,852 from the same period a year ago. The average days on market for active homes for sale in Tortosa was 83 days through the month of October, which is a 5.7% reduction when compared to this time range in 2014. Houses for sale are on the market less time this year on average.

Home Sales Prices See 13.6% Upturn. Tortosa had a total of 80 house sales year to date through the end of October 2015, and the average price of $147,831 recorded an increase of 13.6% from this period during 2014. Compared to this time period last year, which reported 73 sold homes, Tortosa posted a 9.6% rise in total volume of sold listings, a year-over-year net increase 7 completed transactions. With 23 residential property sales year to date, the 120,000-139,999 price range posted one of the largest numbers of completed sales transactions.

Information supplied by ARMLS and deemed reliable but not guaranteed; percentages rounded. For the most recent Tortosa real estate market info or to obtain a free evaluation of your current home, please call Maricopa real estate specialist Sam Lawmaster with Realty ONE Group at (602) 680-8096 or contact us here.

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