Grayhawk 85255 Real Estate Market Update - Monday October 24, 2016

By Julie Pelle

Real Estate Agent with Launch Real Estate

October 24, 2016 08:07 AM

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

	Active listings decreased to 59 homes.
	Average sale price per square foot decreased to $232.87/SqFt.
	Average sale price as % of list price increased to 96.02%.
	Average sale price decreased to $649,850.
	Highest priced home sold in past 6 months was for $1,850,000.
	Number of homes sold in past 6 months increased to 61.

	Active listings increased 12.30%.
	Months supply increased 49.09%.
	Average sale price per square foot increased 22.41%.
	Average sale price as % of list price decreased 0.41%.
	Average sale price increased 27.29%.
	Median sale price increased 0.80%.
	Market distress index decreased 40.00%.