How long to sell Condos in Phoenix Az? January 2017
The answer to the question is that the length of time to sell a condo in Phoenix Az varies. Yet, we can look at some information which can give you a general idea, based on other homes in the Phoenix area.
Information is gathered from the MLS (multiple listing service). The statistics for this report will include both condos as well as townhomes for the entire MLS area of Phoenix.
What is the average time on market for condos at this time?
116 days is the current average
2113 plus days is the longest time on market
What is the average time on market for condos currently under contract?
70 days is current average for time to get home under contract
986 is current longest time for home
What is the average time on market for condos that have sold in the last 30 days?
75 days
880 was longest time
How much current inventory is available on market, and does it benefit buyer or seller?
2.63 months
Quick Commentary – Inventory levels are low, and the market inventory favors the sellers. The key if selling, is to make sure you know the values and market trends. Price home correctly and market aggressively it will sell.
To search properties in Phoenix please visit http://www.centralphoenixaz.com/home-search/
To request a home valuation for your home, or a consultation please visit http://www.centralphoenixaz.com/ or call David at 602-373-6345
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