How long to sell Condos in Phoenix Az? June 2018

By
Real Estate Agent with Keller Williams Realty Phoenix

How long to sell Condos in Phoenix Az? June 2018

 

The answer to the question is that the length of time to sell a condo in Phoenix Az varies. Yet, we can look at some information which can give you a general idea, based on other homes in the Phoenix area.

Information is gathered from the MLS (multiple listing service). The statistics for this report will include both condos as well as townhomes for the entire MLS area of Phoenix.

 

What is the average time on market for condos at this time?

97 days is the current average

1461 plus days is the longest time on market

 

What is the average time on market for condos currently under contract?

53 days is current average for time to get home under contract

793 is current longest time for home

 

What is the average time on market for condos that have sold in the last 30 days?

61 days

1479 was longest time

 

How much current inventory is available on market, and does it benefit buyer or seller?

1.39 months

 

Quick Commentary – Inventory levels are low, and the market inventory favors the sellers. The key if selling, is to make sure you know the values and market trends. Price home correctly and market aggressively it will sell.

 

To search properties in Phoenix please visit http://www.centralphoenixaz.com/home-search/

 

To request a home valuation for your home, or a consultation please visit http://www.centralphoenixaz.com/ or call David at 602-373-6345

 

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David Alan Baker Laveen & South Phoenix Realtor

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