Real Estate Market Report for Queen Creek, Arizona ~ March 2009

QUEEN CREEK, ARIZONA

...is indeed a community with great demand and incredible values!

March 2009 vs. March 2008

• 419 single family detached homes were purchased last month vs. 234 last year.

• The average price paid was $132,559 vs. $178,337 last year.

• The median price came in at $108,000 vs. $152,500 last year.

• The ratio of purchase price to list price was 98% vs. 97% last year.

• 287 of the homes (68%) were bank owned vs. 105 homes (45%) last year.
  

• The average time on the market was 73 days vs. 92 days last year.

• There were 2,247 Active single family listings vs. 2,694 last year.

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Queen Creek Homes

photo by Miguel Folch