How long to sell Phoenix horse property? November 2016
The answer to the question is that the length of time to sell horse property Phoenix Az varies. Yet, we can look at some information which can give you a general idea, based on other horse property in the Phoenix area.
Information is gathered from the MLS (multiple listing service) on ALL properties that are currently on market, under contract or recently sold that are horse property. This will include all areas within our MLS boundaries, and again, all property types (mobile home, single family,etc)
What is the average time on market for horse property this time?
148 days is the current average
944 plus days is the longest time on market
What is the average time on market for horse property homes currently under contract?
120 days is current average for time to get home under contract
406 is current longest time for home
What is the average time on market for horse property homes that have sold in the last 30 days?
827 was longest time
How much current inventory is available on market, and does it benefit buyer or seller?
4.77 months – buyer market
Quick Commentary - There is always buyers out looking for homes, and that also does include horse property. At this time however, there is plenty of horse property inventory, with over 4 months of supply. This benefits the buyers, as they have more choices. Time on market is longer than traditional homes, but as you can see most are on average selling in 6 months.
To get a consultation or valuation for your Phoenix Horse property, request at http://horsepropertyinphoenix.com/ or call David at 602-373-6345.
Create your horse property search for Phoenix area HERE!!