Eagle Mountain Homes- Market Trends March 2013

Do you own a home in the Eagle Mountain community of Fountain Hills AZ ? Homes in Eagle Mountain Golf Community are very desirable. As you can see from the chart below, there were not many sales in the last year, and the lack of inventory has really pushed the median sales price up to an increase of 22.26% from the same time last year. It also helps that we are in our prime selling season here in Fountain Hills.

Great Views!

Great Views!

This is just a general market snapshot and these statistics just go to show you that prices differ from one community to another and depend a lot on the season too. Things to take into consideration when trying to determine your home’s value, are  location, updates, age and size. It’s really all relative as real estate stats change daily, but it’s fun watching the numbers go up instead of down.

The chart below shows market trends from March 7 2012 – March 7 2013.  All information taken from the Arizona MLS. ( multiple listing service, taken in real-time and most accurate)

Overall ( all price points) Single Family Homes are up 22.26 % in Eagle Mountain

Absorption Rate– is the time it would take to sell the existing inventory, Eagle Mountain homes absorption rate homes is at a 2 month supply

Median Price– means 50% of homes are higher in price, 50% are lower in price, median sales price ( sold) is approximately $559,000 ( last 3 months)

Days on Market- The median days on market is currently at 45.

Eagle_Mountain_Homes_Area_Map

Eagle_Mountain_Homes-_Fountain_Hills_AZ

If you have any questions about Eagle Mountain Homes (or surrounding neighborhoods), feel free to contact me.

Below you will find available Eagle Mountain Homes for sale. Feel free to search all you want, I will never force you to register in order to view listings, it’s just not my style! More Eagle Mountain homes for sale

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