June 2009 -Real Estate Stats - Gold Canyon Arizona
At a glance - the average price of Gold Canyon Arizona real estate market, (as like the rest of the Phoenix market) is continuing to drop in price. Gold Canyon homes experienced one of its largest 30 day price drops in June 2009 that it has seen in a long time. The average price of Gold Canyon homes sold in June 2009 was $205,545. The average price of homes sold in May 2009 was $255,593. (This is a drop of average price by about $50,000.00 in a 30 day period for a $250,000.00 priced home.)
In June of 2008 the average price of homes being sold was $409,140. (In the last 12 months the average price for that same average home would have dropped about $200,000.00.)
While the average price of Gold Canyon homes sold is going down, the number of homes sold is rising. June 2009 saw 44 homes sold. May 2009 saw 35 homes sold. And a year ago, June 2008 saw 21 homes sold. So the number of Gold Canyon homes sold in a 30 day period has approximately doubled in the past year.
(Info compiled from the Phoenix area ARMLS.)