Queen Creek Arizona Market Data for September 2007

Queen Creek Arizona Market Data for September 2007

I don't have to tell most people that the Queen Creek housing market is changing. What sells houses right now is price and condition. The Queen Creek market must pay attention to both! This is a fast growing town, and if you are looking to move a resale home you must do your homework. You not only have over 2000 single family homes to compete with, you are also competing against those big national builders. You know, the once that gave you that great deal.

The first thing you should do is interview and hire a professional Realtor. Ask lots of questions and make sure he/she knows YOUR market. Look at your competition. Really, go look at them as if you are a buyer. ask yourself if YOU would buy your home again today based on what else is for sale. This will help you price your home to sell. Consider using your equity position to offer partial seller financing. We all know qualifing for a new loan right now is harder than it was just a couple of months ago. Those wonderful 100% loan are harder to come by. Look at all of your options and market your home where buyers are looking.

Here are numbers. September 2007 activity report pulled from the ARMLS (az regional multi listing service)
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there are currently 2092 active single family listings (DOWN from 2105 in August 2007)

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184 properties under contract right now (up from 113 in August 2007)

AWC - 4 Properties Found
	Square Feet	Bedrooms	Baths	List Price	Sale Price	Agent DOM	Cumulative DOM
Min	1678	3	2	$ 219,900	$0	50	50
Avg	2059	3	2.19	$ 292,200	$0	113	197
Max	2500	4	2.75	$ 359,900	$0	181	402

Pending - 180 Properties Found
	Square Feet	Bedrooms	Baths	List Price	Sale Price	Agent DOM	Cumulative DOM
Min	927	2	1.75	$ 116,990	$0	0	0
Avg	2081	3	2.35	$ 226,177	$0	83	99
Max	4284	5	4	$ 879,000	$0	506	561

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128 closings in September 2007 (down again from 156 in August 2007)

Sold - 128 Properties Found
	Square Feet	Bedrooms	Baths	List Price	Sale Price	Agent DOM	Cumulative DOM
Min	1113	2	2	$ 124,900	$ 127,900	2	2
Avg	2170	3	2.37	$ 237,840	$ 227,339	86	100
Max	4724	7	4.5	$ 756,065	$ 665,500	475	475

Do you have questions about real estate in Queen Creek or any other East Valley Area. send me an email at mdunshie@kw.com or call me directly at 480-862-2811

Matt Dunshie-Realtor
Keller Williams Integrity First Realty
http://www.mattsellsazhomes.com/
480-862-2811