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2012 year end sales statistics for Fountain Hills, Arizona

The Arizona Multiple Listing Service reports 90,680 home sales and closings in the Phoenix metro area the past year of 2012. I might note that 19 of those were sales I closed!

The MLS report also shows that sold prices for December 2012 were 30.3% higher than December 2011.

Fountain Hills fared better than the metro area in general, with 833 homes sold and closed in the year 2012. That is a five percent increase (40+) over 2011.

I sold 19 properties for my clients in 2012.

I sold 19 properties for my clients in 2012.

The average sales price of a Fountain Hills home sold was up over the previous year by 5.2 percent to $332,892 and the average Days on Market (DOM) was down 17.5 percent to 118 days. All of this is great news for Fountain Hills home owners and those considering selling their Fountain Hills home.

Search results from the Arizona Multiple Listing Service on January 7, 2013 revealed 345 homes currently listed for sale in Fountain Hills. The homes listed have an average of 144 Days on Market (DOM). There are also 69 pending sales (contract for purchase, but not yet closed) with the average DOM of those being 89.

The Agent Weekly Report by Trulia.com, a real estate website, reports 24 new listings in Fountain Hills for the week ending January 5. The report notes that the average price per square foot on homes for sale in Fountain Hills is up 17.6% over same time last year.

Finally, Yahoo Homes posted an article by Kiplinger.com that listed Phoenix as the Number 1 city in America where prices rose the most in 2012! Click here to see that article!

Market conditions have greatly improved in our area! Happy and prosperous New Year to you!

 

John Eberle is a licensed Realtor with the Artisan Real Estate Group, LLC working in Fountain Hills, Arizona. He is a member of the National Association of Realtors and Arizona Regional Multiple Listing Service. John has 14+ years home sales experience as Sales Person/Sales Manager/Vice-President of Sales and Marketing for regional home builder. Contact John at 602 550 1472.

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Fountain Hills Real Estate Statistics, September 2012

Time for an update on home sales statistics in Fountain Hills, Arizona.

Sales are a bit slower this year, with 58 fewer homes sold over last year at this time, a reduction of 9.9 percent. It is however, taking fifteen fewer days to sell a home listed on the MLS!

Search results of the Arizona Regional Multiple Listing Service (September 4, 2012) reveal 291 homes currently for sale in Fountain Hills. The homes listed have an average of 152 days on the market (DOM).

291 Beautiful Homes for Sale in Fountain Hills, Arizona!

Year-to-date sales/closings for residential real estate in Fountain Hills are 527, with average sales price of $323,666 (10% below the original listed price). Average DOM was 128. There are 63 sales pending at this time.

This time last year (2011) the number of sales/closings was 585, with average price $325,867 (12.92% below the original listed price) and DOM was 143.

The Agent Weekly Report by Trulia.com, a real estate website, reports 32 new listings in Fountain Hills for the week ending September 1. Median price of homes for sale is $256,500 which they note is 6.9 percent higher than last quarter and 1.8 percent higher than same time last year.

John Eberle is a licensed Realtor with the Artisan Real Estate Group, LLC working in Fountain Hills, Arizona. He is a member of the National Association of Realtors and Arizona Regional Multiple Listing Service. John has 14 years home sales experience as Sales Person/Sales Manager/Vice-President of Sales and Marketing for regional home builder. Contact John at 602 550 1474.

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Fountain Hills Real Estate Statistics

Fountain Hills, Arizona had 277 homes for sale based on the results of a search of the Arizona Regional Multiple Listing Service (June 6, 2012). The homes listed had an average of 163 days on the market (DOM).

Year-to-date sales/closings for residential real estate in Fountain Hills are 423, with average sales price of $311,550 (10.5% below the listed price). Average DOM was 132. High sales price was $1,800,000 for a home in the Eagle Mountain subdivision and low sales price listed was for a 1000+ square foot home short sale at $35,500.

Same time period last year (2011) the number of sales/closings was 404, with average price $320,970 (13% below the listed price) and DOM was 148.

The Agent Weekly Report by Trulia, a real estate website, reports 35 new listings for the week beginning June 27 for Fountain Hills. Median price of homes for sale is $235,000 and average price per square foot is $139, up 2.2% from the same period one year ago.

Home Sales Continue to Improve in Fountain Hills and Phoenix, Arizona.

Phoenix Business Journal reported that median single family home prices in Phoenix metro were up 25% April 2012 over April of last year, and foreclosures were down 62%.

Finally, anecdotal evidence that home sales are improving in Phoenix;  at the SouthEast Valley Regional Association of Realtors (SEVRAR) New Home Builder Fair, I spoke with sales people with eight different builders and all reported more traffic and more sales/closings this year.

John Eberle is a licensed Realtor with the Artisan Real Estate Group, LLC working in Fountain Hills, Arizona. He is a member of the National Association of Realtors and Arizona Regional Multiple Listing Service. John has 14 years home sales experience as Sales Person/Sales Manager/Vice-President of Sales and Marketing for regional home builder.

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