Maricopa Real Estate by the NUMBERS!

By Brian Petersheim at Wednesday, August 24, 2016 , in category

These numbers were compiled on 8/24/16.

But first: The Prologue...

Holding an open house on a lovely Wednesday afternoon, (sure, I know there won't be many visitors) maybe some nosy neighbors that haven't seen this specific floorplan or they are looking for decorating ideas.

I got a strange hankering to crunch some numbers, specifically for our lovely little piece of Paradise!

Here are the numbers as of 8/24/16. These numbers only focus on the homes in HOA'ed subdivisions, since the non HOA areas are so diverse.

289 Homes currently available for sale, not under contract, looking for offers
221 Homes currently under contract (should close escrow within 45 days pending inspection, appraisal, etc)

33 of the 289 available homes have a built in private pool which is HUGE when a buyer must have a pool and they are only seeing 10% of the homes available!

$124,900 Least expensive home available- 2 bed/2bath 1066sqft- Homestead
$435,000 Most expensive home available- 5bed/3.5 bath 3385sqft- pie shaped lot on golf course, pool, putting green -Rancho El Dorado

276 Regular/non distressed listings
7 Short sale/pre-foreclosure
6 Foreclosed/Bank owned

Number of bedrooms- 289 available homes
3 bed- 119
4 bed- 95
5 bed- 44
6 bed- 1
7+ bed- 2

Garage parking: of the 289
2 car- 214
3 car- 72
4 car- 3

Price ranges:
$100,000-125,000---- 1
$125,100-150,000---- 22
$150,100-175,000---- 66
$175,100-200,000---- 74
$200,100-225,000---- 40
$225,100-300,000---- 66
$300,100+ ---- 20

Bottom line: The market is strong, and homes that are priced competitively are selling. Get out there and meet your new neighbor!

Hope you enjoyed the numbers and post.

Any questions about value or the market, please reach out to me!

Thanks, Brian Petersheim
Realtor- Homesmart Success
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