San Tan Ranch Market 'Snapshot' Update...

San Tan Ranch - in Gilbert,AZ , as of today -- has 30 homes actively on the market for sale. Of those 30 homes: 15 are offered as a short sale & 3 are offered for sale by a bank -- These list prices range from $137,500 to $399,000.

There are 29 homes in the San Tan Ranch subdivision that are in a pending status -- on the way to becoming a property that has sold! Of those 29 pending homes -- 11 are short sale & 13 are bank owned. Pending list prices are starting at $125,000 and ending at $285,000.

Since March 28th of this year -- San Tan Ranch has seen 36 homes close escrow successfully! New people, couples and families have been become part of the San Tan Ranch community. Of those 36 homes -- the average sold price was $177,575 average square footage was - 2,040 with a sold square footage price around - $90 dollars. Most of these homes took around 77 days to close successfully.

San Tan Ranch - is selling approxiamatley 10 to 15 homes a month -- When a home in San Tan Ranch is priced correctly - the home is going under contract, the evidence of 99% of list price paid gives solid evidence of this fact according to the data... As of today's numbers if there were not any new homes added to the San Tan Ranch market - it would take about 2 to 3 months to sell the current homes on the San Tan Ranch market.