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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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