Homes Ahwatukee - Ahwatukee Homes For Sales - Hold Steady - New listings This Week - 2/14/2011
- Active Listings Today: 537
- Pending Sales Today: 180
Ahwatukee Real Estate Sales and Pending Sales are holding steady. Ahwatukee Properties are being listed and sold at approximately the same rate.
Homes Ahwatukee: New Listings This Week
Homes Ahwatukee: New Foreclosed Listings This Week
Homes Ahwatukee: Closed Listings This Week
January 2011 Ahwatukee Real Estate Sales Analysis
- January 2011 Total Closed (ALL Listings): 87 Average DOM:108
- January 2011 Short Sales Closed: 22
- January 2011 Lender Owned Closed : 36
- January 2011 Regular Listings Closed:29
- January 2011 Average List Price after reductions (ALL Listings): $207,746.00
- January 2011 Average Selling Price (ALL Listings): $195,617.00
- January 2011 Average Listing Price to Selling Price Difference (ALL Listings) 5.8%
- January 2011 Regular Listing Average List Price: $234,784.
- January 2011 Regular Listing Average Sale Price: $224,152.
- January 2011 Shortsale/Lender Owned Average List Price: $194,227.
- January 2011 Shortsale/Lender Owned Average Sale Price: $181,350.
In January 2011 Regular Listings Sold for $42,802 on average or 23.6% more than Ahwatukee Short Sales or Foreclosure.
January 2010 Sales Compared to January 2011 Sales
- January 2010 Closed (ALL Listings): 71 Average DOM: 112
- January 2010 Short Sales Closed: 17
- January 2010 Lenders Owned Closed: 26
- January 2010 Regular Listings Closed:28
- January 2010 Average List Price after reductions (ALL Listings): $228,883.00
- January 2010 Average Selling Price (ALL Listings): $224,480.00
- January 2010 Listing Price to Selling Price Difference (ALL Listings) 1.9%
- January 2011 Regular Listing Average List Price: $279,932.
- January 2010 Regular Listing Average Sale Price: $268,493.
- January 2010 Shortsale/LenderOwned Average List Price: $195,560.
- January 2010 Shortsale/LenderOwned Average Sale Price: $195,820.
In January 2010 Regular Listings Sold on average for $72,673. or 38.64% more than Ahwatukee Short Sales or Foreclosure.
So These Are The Numbers! What Do They Tell Us?
- Ahwatukee closed listings jumped 22.5% in January 2011 to 87 closed listings.
- Ahwatukee properties Days on Market are about the same as in January 2010.
- The gap between the Regular listings average sale price compared to the sale price of Foreclosure Properties and Short Sales narrowed in January 2011 to 23.6% compared to the 38.64% margin of January 2010.
- Short Sales increased in January 2011 by 29.4% of the market compared to January 2010 and lender owned property sales jumped by 38.4% for the same period. Banks are getting smarter!
- In January 2011, listings were originally listed ($242,948.) on average, 24.2% higher than the average sale price ($195,617.) and they didn't sell. Properties Sold when they were listed, or the original list price was reduced to, less than 6.2% over the eventual selling price. Pricing too high is suicide in this market. Properties that are priced too high sit on the market. The longer they sit, the lower the eventual sale price. (Accurate pricing means a quicker sale at a higher price.)
Bottom Line:
Ahwatukee foreclosure and lender owned properties offer homes buyers outstanding values. Now is the time to by homes in Ahwatukee. Interest rates are at historic lows and Ahwatukee home prices are at historic lows.
If you are selling an Ahwatukee property......................Price it right to get the best price and a timely close!!!!
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