Gold Canyon Arizona - June 2009 Home Stats

By
Real Estate Broker/Owner with Benjamin Realty LLC

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.)

For more details about the Gold Canyon Arizona real estate market in June 2009, read our more detailed post on our GoldCanyon.net blog.

 

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This post is copyright of Bob and Carolin Benjamin, Benjamin Realty LLC, Gold Canyon and East Phoenix Arizona Valley Realtors. 480-201-3001. 

Comments (2)

Karina Kfuri
Leal USA Realty 561-350-3503 ( FALO PORTUGUES) - Delray Beach, FL
Leal, Florida Broker - FALO PORTUGUES!

Home prices in Florida have declined more than 50% in some areas within the last 3 years.

Current prices now are similar to the prices available 9 years ago...There are great deals available for buyers, specially cash buyers.

Jul 25, 2009 05:02 AM
LLoyd Nichols
Premier Florida Realty of SWFL - Fort Myers, FL
Southwest Florida Homes By The Sea

WE are seeing a bit of the same in SW FL..though many will admit that the prices were grossly inflated. We are seeing signs that the market is stabilizing here and am sure you will see the same i n E Phonix AZ. On the plus side its great to see people who could never buy a home, owning one...even though many had to pay a heavy price.

Jul 25, 2009 04:31 PM