Estancia 85262 Real Estate Market Update - Monday September 19, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

September 19, 2016 09:14 AM

Estancia Real Estate Market Update: Zip codes 85254, 85255, 85258, 85259, 85260, 85262 and 85266

	Active listings increased to 27 homes.
	Average sale price per square foot remained at $636.80/SqFt.
	Average sale price as % of list price remained at 96.49%.
	Average sale price remained at $2,677,500.
	Highest priced home sold in past 6 months was for $3,155,000.
	Number of homes sold in past 6 months remained at 2.

	Active listings increased 14.37%.
	Months supply decreased 24.46%.
	Average sale price per square foot decreased 5.86%.
	Average sale price as % of list price increased 1.47%.
	Average sale price decreased 3.41%.
	Median sale price decreased 9.03%.
	Market distress index increased 13.51%.