Queen Creek Arizona Market Data for August 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. August 2007 activity report pulled from the ARMLS (az regional multi listing service)
there are currently 2105 active single family listings (up from 2052 in July 2007)
| AWC - 8 Properties Found | |||||||
Square Feet | Bedrooms | Baths | List Price | Sale Price | Agent DOM | Cumulative DOM | |
| Min | 1406 | 3 | 2 | $ 144,000 | $0 | 36 | 36 |
| Avg | 1877 | 3 | 2.06 | $ 241,148 | $0 | 131 | 142 |
| Max | 2371 | 4 | 2.5 | $ 434,500 | $0 | 225 | 305 |
| Pending - 105 Properties Found | |||||||
Square Feet | Bedrooms | Baths | List Price | Sale Price | Agent DOM | Cumulative DOM | |
| Min | 1157 | 2 | 2 | $ 116,990 | $0 | 0 | 0 |
| Avg | 2102 | 3 | 2.35 | $ 233,508 | $0 | 79 | 96 |
| Max | 4284 | 5 | 4 | $ 756,065 | $0 | 475 | 561 |
54 closings in August 2007 (down from 120 in July 2007)
| Sold - 54 Properties Found | |||||||
Square Feet | Bedrooms | Baths | List Price | Sale Price | Agent DOM | Cumulative DOM | |
| Min | 1176 | 2 | 2 | $ 124,500 | $ 123,500 | 6 | 6 |
| Avg | 2300 | 3 | 2.53 | $ 277,548 | $ 262,140 | 101 | 115 |
| Max | 4724 | 7 | 4.5 | $ 949,000 | $ 850,000 | 522 | 521 |
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
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North East Mesa & East Valley Specialist. I know the market and was ranked in the top 2% of all Realtor's in the State of Arizona for 2 2007. Residental & Commercial Foreclosure bank owned specialist.
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