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Carefree Arizona Real Estate Update - First Half 2016

By
Real Estate Agent with Live Better in Arizona

Carefree Real Estate Report

Carefree Sign - Carefree, ArizonaCarefree, Arizona is a wonderful town located to the north of Scottsdale. Downtown Carefree is charming and offers a mix of restaurants and boutiques. Several times a year, Carefree is host to large-scale art events and other local celebrations. Creative and entertaining street names appear all over town.

Carefree is also home to the world-famous Boulders Resort and Spa, with its eye-catching boulder formations and outcroppings that is was named for.

Here is an overview of the real estate market in Carefree for the first half of 2016.

Carefree Homes for Sale and Pending Sales - As of 7/26/16

As of July 26th, there were 83 single-family homes on the market in Carefree. The asking prices ranged from $175,000 for a 1,500 square foot home to $3,895,000 for a 11,544 square foot estate.

Pending sales prices ranged from $429,400 for a 1,880 square foot home to $950,000 for a 6,641 square foot custom home.

carefree act pend ju 16

Carefree Home Sales - First Two Quarters of 2016

This next chart takes a look at the sales that occurred during the first half of the year in Carefree.

The average sales price has stayed pretty level throughout the year, but as you can see sales activity really picked up in Q2. This increase in sales is often seen in Q2 as people buy more homes during the high season. On average, Carefree home buyers saw a 5% discount off of asking price.

The most expensive sale of 2016 was for a four bedroom, five and one-half bathroom, 6,542 square foot estate perched on Carefree's Black Mountain. It was sold for $2,325,000 via a luxury auction.

The least expensive sale of 2016 to-date was for $350,000. This remodeled home had two bedrooms, two-bathrooms and 2,194 square feet.

Search Carefree Homes For Sale

If you would like to search all Carefree homes for sale, click here.

 

Questions? 

Have questions about Carefree or Carefree real estate? We are happy to help. Simply email us or call/text Joyce at (480) 209-7843.

 

Originally posted on Live Better in Scottsdale

 

Disclaimer: Information deemed reliable but not guaranteed. Data and information was pulled from the Arizona Regional MLS (ARMLS) as of  7/26/2016 and can change at any time. The analysis looks at single-family resale homes in Carefree, AZ. There may be new home inventory in these figures if the developer is using the MLS to market its homes. This blog represents the opinion of the author. No warranties implied or expressed.
Copyright © 2016 Heather Tawes Nelson | Joyce Tawes

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