Market trends for Fountain Hills real estate is still favoring home buyers this month. We have 10 months of inventory, which means if nothing else came on the market it would take 10 months to sell all the properties. Sold homes were on the market for an average of 125 days with an average price of 184.43 per square foot.. The list price to sales price is 97%.
As of today we have 373 homes listed as active on the multiple listing service. The Cromford market index is at a low of 65.9. When the market index is over 100 it means it’s a seller’s market and under 100 means it’s a buyer’s market. The supply index is at 113.6, and the demand index is at 74.9. What all this mean is Fountain Hills has more homes available for sale than there are buyer’s. Market trends for Fountain Hills real estate indicates this is a great time for buyer’s. Seller’s if you are in the market to sell your home, make sure your home is presented well for the market. Paint, fix what ever needs to be fixed, stage your home to highlight it’s best features, get professional photos taken and price it competitively!
View available Fountain Hills homes for sale and call me direct at 480 888 6708 for a showing.