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March 2008 Arizona Traditions Market Update

This market update reflects what is occurring in sales and listing in the northwest valley adult communities.  Sold date includes all listings that closed in escrow March 1 to 31, 2008.

ARIZONA TRADITIONS

  • 8 homes are pending financing & close of escrow: average sq ft 1,688, average list price $255,021, average days on the market 174
  • 7 homes sold & closed in March: average list price $255,021, average sale price $242,171, average days on market 174
  • 74 properties are presently listed on MLS: average sq ft 1,779, average list price $279,915, average days on the market 173

 

 

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Mark Organek
And the United States of America - Mesa, AZ
It's not a game, it's your life.
Leolinda, it is amazing that the market out there is so different from the east valley.  Good luck in your market!
Apr 04, 2008 08:52 PM
Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty
Leolinda Realty - Surprise, AZ
Sun City Grand in Surprise Arizona

Mark,

The retirement community market has experienced price reductions however it is not as severe as in other areas of the valley.  As with other properties, the home must be priced right, have the desired upgrades, and look next to perfect.  As a matter of fact, it's gotten to the point that even the neighborhood must also look flawlessness.  Leolinda

Apr 05, 2008 10:41 AM