Estancia 85262 Real Estate Market Update - Monday August 29, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

August 29, 2016 07:01 AM

Estancia Real Estate Market Update: Zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266

	Active listings decreased to 28 homes.
	Average sale price per square foot remained at $636.80/SqFt.
	Average sale price as % of list price remained at 96.49%.
	Average sale price remained at $2,677,500.
	Highest priced home sold in past 6 months was for $3,155,000.
	Number of homes sold in past 6 months remained at 2.

	Active listings increased 19.24%.
	Months supply increased 46.67%.
	Average sale price per square foot decreased 6.03%.
	Average sale price as % of list price decreased 1.06%.
	Average sale price increased 0.58%.
	Median sale price decreased 15.14%.
	Market distress index increased 62.07%.