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Fountain Hills Real Estate Statistics January-March 2013

The Arizona Multiple Listing Service reports 235 sales and closings in Fountain Hills for the first quarter of 2013. The report also shows that average sold prices for March 2013 were 11.87% higher than March 2012.

The average sales price of a Fountain Hills home sold in the first three months of 2013 was $365,146 which is an increase of 26.31% over the first three months 2012. Average Day on Market (DOM) was down 29 days to 101.  One factor affecting average sale price for the quarter verses the month of March is that seven homes for $1 million dollars or more closed in January-February.

John Eberle, Fountain Hills Realtor.

John Eberle, Fountain Hills Realtor.

Search results of the Arizona Multiple Listing Service on April 9, 2013 revealed 370 homes currently listed for sale in Fountain Hills. The homes listed have an average of 139 days on the market (DOM). There are also 92 pending sales (contract for purchase, but not yet closed) with the average DOM being 87.

The Agent Weekly Report by Trulia.com, a real estate website, reports 18 new listings in Fountain Hills for the week ending March 30. The report notes that the average price per square foot on homes for sale in Fountain Hills is up 24.81% over same time last year.

One final statistic, 47% of  homes sold in Fountain Hills were cash sales, (no mortgage loan).

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 and is a resident of Fountain Hills. Call John at 602 550 1472 or email him at john.eberle@JohnEberleHomeSales.com .

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