Snow-birds and cash buyers played a big role in Gold Canyon Arizona home sales for March 2011. They show an increase for the month. Across all of the Phoenix Valley there were more home sales for a given month than have been reported in the past 66 months. Does this indicate our market is on an upswing? Impossible to totally predict, but honestly not likely.Not yet anyway.
Every year at this time, even during the worst of the real estate slump this time of year sees more home sales than at any other time during the year. The snow-bird seasonal factor combined with more buyers coming forth with cash to buy low priced homes seems to be primary factors for the better month.
Home Sales in the Gold Canyon Arizona area for March 2011 shows more sales than home sales in February 2011, but the average sales price, on a square foot basis, was down more than any month in the past 2 years.
For more info about the home sales in Gold Canyon Arizona for March 2011 visit our blog post.
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