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Carefree Arizona Real Estate Market Report August 2011

By
Real Estate Agent with HomeSmart Real Estate AZ Broker BR030809000

Carefree Arizona Real Estate Market Report August 2011

 

 

Carefree Arizona Real Estate Market Report August 2011

 

By looking deeper into the year to year stats of homes sales in Carefree Arizona we are seeing that the Carefree market has slowed down a bit from August of 2011.  This is quite unusual and there is only one other town in Maricopa County that has fewer sales this August as compared to last August. All other Maricopa County towns are way ahead of last years stats, some by as much as 40% more sales this August than last August

 

Carefree Arizona Active Listings are down 21% as compared to August of 2010

 

We all know the media likes to 'take a bite' on any negative piece of news to make it appear as if the real estate market is doom and gloom.  It is not!  We expect sales to continue on a upward trend  this next year due to low home prices and low interest rates.

 

Many Carefree homes have had multiple bids if they're priced right, in good condition and in a good location. There are bank-owned and short sales available as well as many traditional sales.

 

My advice to buyers is that if you find the home you like, and the comparables prove to be in line with the market, don't wait to make your offer - if this truly is your dream home or a hot investment property that fits into your portfolio.  It may take a  few bids to finally win a bid on a home but in the long run it's worth the effort. Patience will pay off.

 

And of course if you're looking for a hard working, dedicated real estate agent that knows the Carefree AZ real estate market and knows how to navigate multiple bids - give me a call.

 

Let's meet for coffee and discuss your game plan!

 

 

 
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Comments (2)

Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

Anna Banana, wow, I am surprised at these stats for Carefree. It is a beautiful place to live, and it looks like someone could do well to buy there now, especially using you for an agent!

Sep 21, 2011 01:49 PM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Hey Andrea - as you know it's  a gorgeous area.  There is only one other small town like this that has slower sales. But with listings down it should help the market.

Sep 21, 2011 01:55 PM