Fountain Hills Real Estate Market Trends for January 2016. Fountain Hills has moved into a balanced market. We are in our peak selling period here in the valley and the snowbirds have returned from the cooler climates which helps with our increased sales volumes. Our months of supply of inventory has decreased from 7.9 months to 7.0 which means if there weren’t anymore homes listed for sale, that is how many months it would take to sell out of our current inventory of homes. The average days on the market is now 138 where last month it was 104 days. Annual long term appreciation price per sq ft has stayed steady at 3.1% to 3.3%. Homes are selling at an average 0f 95.80% of list price.
We still see homes in pristine condition and price correctly sell in a matter of days.