Gold Canyon Arizona-Real Estate Stats-December 2008

– Posted in: Gold Canyon Real Estate

December 2008 -Real Estate Stats-Gold Canyon Arizona
During December 2008 there were 432 homes on the MLS in Gold Canyon Arizona.
The number of homes sold during December 2008 was 17.
Of the 17 homes sold, 4 of these homes were “distressed” **.
The average sales price of Gold Canyon homes for December was $246,611.
(Based on the level of sales currently happening, it could potentially take 25 months to move through and sell the current inventory of active homes.)
November 2008-Real Estate Stats-Comparison
Let’s look at how December 2008 compares to November 2008 sales in Gold Canyon.
In November 2008 there were 423 homes on the MLS.
The average sales price was $262,132.
Comparison with December  2007
In December 2007 there were 465 Gold Canyon homes on the MLS listed for sale, with 24 selling. Average sales price was $374,731. (In December 2007 there were potentially 19 months of inventory based on the sales rate at that time.)

** A “distressed” home means either a home is a “short-sale” or one that has foreclosed.

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(Real estate data taken from Phoenix Multiple Listing Service. Information is deemed accurate, but not guaranteed.)