Homes Ahwatukee - Mountain Park Ranch - First Half Sales Steady - Prices Drop 13%
Welcome To Mountain Park Ranch
Mountain Park Ranch home prices dropped 13% in the first half of 2011 from an average price of $276,663. in 2010 to an average of $240,256. in the for the first half of 2011.
There were a total of 76 Mountain Park Ranch homes sold in the first half of 2011 compared to 67 in 2010.
The high sale for Mountain Park Ranch homes thus far this year was $710,000. while the low sale was $125,000.
There are 17 active listings in Mountain Park Ranch and prices range from $122,900. to $519,684.
Home Sellers and Potential Homes Sellers please note!
In the first half of 2010, the sales histories show that properties were priced (listed) 9.78% above the eventual sale price. They languished on the market until the list prices were reduced to less than 5% above the eventual sale price.
The same phenomenon is represented in the first half of 2011 sales for Mountain Park Ranch.
In the first half of 2011, the sales histories show that properties were priced (listed) 12.17% above the eventual sale price. They languished on the market until the list prices were reduced to less than 5% above the eventual sale price.
The marketing times for these properties averaged 93 days in 2010 and 112 days in 2011. These times could have been greatly reduced if the properties had been listed originally within 5% of the eventual sale price.
If you want or need a fast sale, use an agent who will help you price your property correctly the first time. If you price it correctly the first time, it will sell faster and for more money. If you want help pricing your property to sell for the highest price in the least amount of time call us.
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