First Quarter Market Update - Arizona Real Estate Update
The Arizona Real Estate Market is heating up and the values of homes are on the rise. In comparing the First Quarter of 2014 vs. the First Quarter of 2015, our market saw a rise in the number of properties sold from last year to this year. In 2014's first quarter, there were 17,221 homes that closed. Of these homes, the average price sold was $246,330 with an average size of 1,921 square feet. This is for all of Maricopa and Pinal Counties. If you're looking for a 4 bedroom 3 bath home in Chandler, reach out today, my site has access to all homes listed for sale.
In 2015 we have seen (first quarter only) 17,529 properties sell. With an average size of 1,939 square feet and an increased sales price of $263,076. Up from last year, just a tad bit over $16,000. This covers all the cities within both counties. so if you're in the market for a Home for Sale in Gilbert, I can help.
The average days on market increased by 10 days this year from 83 to 93.
If you'd like to find out what your homes value is, reach out today for a FREE Market Value Report by clicking here: FREE Market Value Report