TATUM RANCH REAL ESTATE MARKET REPORT FOR 4/11/2012
Tatum Ranch, a wonderful community located at Tatum Blvd and Cave Creek Rd, continues to experience very brisk real estate sales AND the values are INCREASING.
ARMLS® stats show there is only a 1 month supply of active listings at the current absorption rate. What does that mean? There were 60 sales of homes in Tatum Ranch in the last 3 months - a rate of 20 home sales per month. There are only 20 active listings of homes for sale in Tatum Ranch. Therefore, at the current rate that homes are selling in Tatum Ranch, with no additional homes being listed for sale, there is only a one month supply.
ARMLS® also shows the home values in Tatum Ranch have INCREASED from an average of $215,000 to $225,000 in the last 6 months. That's a 4.5% price INCREASE, an increase which is sustainable - not like the crazy increases of the 2005 real estate market.
If you're looking for a great community within the highly rated CCUSD (Cave Creek/Carefree Unified School District), take a look at Tatum Ranch homes for sale (click on the link - Tatum Ranch Homes for sale) For your private viewing of any of these great Tatum Ranch homes for sale - call me.
If you're a Tatum Ranch homeowner who has been thinking of selling your Tatum Ranch home, call me for your free market analysis. With improving values, low inventory and a very short marketing time averaging only 62 days, now may be a great time to sell your Tatum Ranch home.
Juli Vosmik
480-710-0739
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