Sales Information December 2016

Lets look at the statistics for recent home sales as well as current homes on the market.  This of course will give us an idea of the over all conditions for the local Laveen real estate market.

159 active properties for sale

137 properties currently under contract

86 homes sold in the month of November 2016

$109.62 was average dollar a square foot

$214,213 was the average sales price for homes sold

71 was the average time to sell for homes that sold

1.85 months inventory

Commentary

The market in the Laveen area, continues to be over all pretty steady.  With a 1.85 current market rate inventory, we are still in a market that favors homeowners or sellers.  Keep in mind though, that even though the numbers above show the entire zip code of Laveen, and it does give us an overall idea of the market, it can differ a bit depending on the property.  As an example, horse property in Laveen currently is experiencing a buyer market, as is land sales.  The point is, if you’re considering selling, make sure to look not only at the over all picture but also at your specific niche.

Homes under the $225,000 range are selling at a pretty quick pace.  Those homes over that price, well, they are taking a little longer to sell.  Values has gone up for Laveen in the last year, and depending on which time frame you look at it can vary between 4 to 10 percent increase.  It’s really how you look at statistics, but overall you can rest assured, Laveen home values have increased by at least 4% for the year.

November 22, 2016

Lets look at the statistics for Laveen real estate market.  We will look at sales going back 30 days, as well as current properties on the market and those under contract.  Here are the current numbers:

163 properties currently for sale

146 properties currently under contract

67 properties sold in last 30 days

2.43 months of current inventory

$165,000 was lowest recent property sale

$499,000 was the highest recent sale

$110.33 was the average sale price per square foot

$220,898 was the average sale price for those homes that sold

Commentary

It is a seller market, with the current inventory at 2.43 months.  This means that sellers basically have the upper hand, because buyers have less inventory from which to select a home.  In some instances (especially on lower priced homes) sellers may see multiple offers and shorter sales times.  Values are holding steady, with a decent increase year to date.

Going into the holidays, is it still a good time to sell?  My answer is YES!  It is a seller market, and buyers are out buying homes.  If you need to sell, homes are still selling regardless of the time of year.

Looking to sell?  Call me for a free consultation!  We can discuss the market, your home value, time to sell home, and how much you will net at the close of the sale.

David 602-373-6345

October 16th 2016

Lets take a look at current information for the Laveen area.

175 homes currently for sale in Laveen

129 properties under contract

98 properties for sale in last 30 days

$155,000 is lowest home on market

$1,300,000 highest active sale

$277,591 is the average list price

$140,000 was lowest sale price last 30 days

$480,000 was highest sale

$226,533 was average sale price

It is a seller market at this time.

What to do with your pets this summer

If you live in the Laveen area, there are many things to keep yourself and your pets occupied.

The temperatures in the Laveen area have gone up a bit, with a recent high of 117!  Yikes that is one hot day.  Yet, our pets just like us like to go out too.  The big difference is we can hopefully take care of ourselves, our pets need our help.  So a couple of quick no brain tips:

1.  Have plenty of water…………….for your pet
2. Do NOT do to many activities in hottest part of day
3. Keep in mind your pet is barefoot…………..asphalt is hot!  If you wouldn’t walk on it your pet likey won’t want to either

So what can you do.  Well Laveen has a great new dog park located at the Cesar Chavez park, and it has some shade structures and grass!  Imagine that, grass in the desert and dogs love it.  I would highly recommend going earlier in the day or head out toward evening hours.

Hiking in the mountains.  There are plenty of trails to hike in the South Mountain preserve.  Keep a couple things in mind as your out their walking and I know I’m starting to write like a broker record……have water and do the hikes during cooler part of day.

Beyond those 2, I can’t think of others at this time.  Course you could walk them around your home, but again be sure to keep the dogs feet, water needs and temperature in mind.  After all, dogs don’t sweat and have a little harder time then we do in regulating their heat.

Have a safe summer pet owners of Laveen.