Originally posted on ViewAzHomes.com 

By SAM LAWMASTER, REALTOR 11/12/2016 8:00 AM MST


The Coldwater Ridge subdivision located off Avondale Blvd in Avondale, Arizona has seen a total of 39 active for sale properties so far in 2016 through October 31. The most active price range for Coldwater Ridge home for sale listings was the $200,000 to $249,999 price range, recording 14 properties listed this year. Compared year over year with 2015, which has 55 properties listed for sale, Coldwater Ridge showed a significant decrease in listings this year, dropping 29% (-16 units), but in contrast the average listed price of houses for sale in the subdivision rose 8.5% to an average price of $199,900. Listings are taking 10% longer to sell this year, averaging 65 days from the time a home is listed for sale to the time is closes escrow. Homes that are well priced or in exceptional condition have been consistently beating this average.

Coldwater Ridge Avondale has had 31 completed property sales year to date as of October 2016. The average price of $198,000 showed a rise of 9.7% from the same time range a year ago. The total amount of sold listings experienced a 16% decline year over year, (2015 had 37 sold properties through Oct). The leading price range for homes sold in Coldwater Ridge was the $200,000-$250,000, where 14 close home sales occurred. Information provided by Arizona Regional Multiple Listing Service and deemed reliable but not guaranteed; percent changes rounded. 


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