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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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