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How long to sell a Luxury Home in Phoenix Az? December 2016
How long to sell a Luxury Home in Phoenix Az? December 2016 The answer to the question is that the length of time to sell a luxury home in Phoenix Az varies. Yet, we can look at some information which can give you a general idea, based on other homes in the Phoenix area. Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold that are priced over $1,000,000. This will include all areas within our MLS boundaries, and again, all property types. What is the average time on market for luxury homes at this time? 202 days is the current average 4106 days is the longest time on market What is the average time on market for luxury homes currently under contract? 151 days is current average for time to get home under contract 650 is current longest time for home What is the average time on market for luxury homes that have sold in the last 30 days? 176 days 994 was longest time How much current inventory is available on market, and does it benefit buyer or seller? 9.85 months Quick Commentary - While time on market is considerably longer for the luxury home market, homes are ... more
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