Number of home sales in the East Valley - Phoenix
The number of East Valley (Chandler, Gilbert, Mesa, and Tempe) sales for the month of July came in at 1,284 units (the average sales price was $245,194 with an average days on market of 117). Up from 1,146 units sold for the month of June. The number of monthly sales are still holding steady, well above 1,000 units. The number of homes currently listed, as of August 3rd, is 9,555. At the current pace of buying there is about 7.5 months of inventory on the market for the East Valley.
Queen Creek Number of Sales for July
The number of single family homes sold in July was 372, up from last month’s total at 360 units. Homes are still affordable in Queen Creek, and buyer’s are still willing to purchase at these prices. July’s average sales price was $169,068. The average days on market for homes sold were 97, falling significantly from last month’s 123 average days on market. At the current level of buying, there is approximately 4.5 months worth of inventory in Queen Creek.
If you’re considering selling, or currently looking for a real estate agent to sell your home, please email Nathan@ezlistaz.com, or phone 480-529-6329.
