Estancia 85262 Real Estate Market Update - Monday October 17, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

October 17, 2016 08:51 AM

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

	Active listings increased to 30 homes.
	Average sale price per square foot remained at $591.42/SqFt.
	Average sale price as % of list price remained at 93.31%.
	Average sale price remained at $2,651,667.
	Highest priced home sold in past 6 months was for $3,155,000.
	Number of homes sold in past 6 months remained at 3.

	Active listings increased 12.35%.
	Months supply increased 2.44%.
	Average sale price per square foot increased 20.08%.
	Average sale price as % of list price decreased 0.96%.
	Average sale price increased 8.14%.
	Median sale price decreased 23.18%.
	Market distress index decreased 59.38%.