Originally Posted on ViewAzHomes.com

12/03/2016 1:00 PM MST
Through November, the Garden Lakes subdivision in Avondale Arizona posted 200 active for sale properties during 2016. The 200,000-249,999 price category reported one of the greatest numbers of houses for sale with 71 units listed. When compared to this time range a year ago, which showed 208 houses for sale, Garden Lakes saw a 3.8% decrease in the total inventory of active residential listings, a year-to-year decrease of 8 properties. The average active list price year to date of $238,673 saw an increase of 7.2% above the average list price of $222,724 from the same period one year ago. The cumulative days on market for active residential listings in Garden Lakes was 54 days through November 30, showing a 10.0% drop from the average when compared to this reporting period a year ago. Property listings are taking fewer days to sell this year on average.

The Garden Lakes Avondale saw a total of 139 home sales year to date as of November 30, 2016 as the average sales price of $226,327 posted a gain of 5.8% over the average closed price of $213,961 from this reporting period last year. In comparison to the same reporting period last year, which posted 141 houses sold, Garden Lakes reported a 1.4% reduction in overall volume of sold listings, a net decrease 2 closed transactions. The 200,000-249,999 price range posted one of the greatest numbers of homes sales this year at 50 completed transactions. Information supplied by Arizona Regional Multiple Listing Service and deemed accurate but not guaranteed; percent changes rounded.

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