Gold Canyon Arizona Real Estate Stats-July 2015

– Posted in: Gold Canyon Real Estate

Gold Canyon residential real estate sales in July 2015 showed the typical “hot Summer doldrums”. Fewer homes sold and those that sold, sold at a bit less price per square foot than what the averages have been showing. But these are typical factors for the hot summer months.

July 2015 – Real Estate Stats – Gold Canyon Arizona at a glance

Let’s review below what happened this June with real estate sales in the Gold Canyon area.

  • July 2015 home sales shows 19 homes sold. Of these 19 sales, 3 of these home sales were “distressed” when the sale occurred – (ie, foreclosure or short-sale.)
  • Average price per square foot for sold homes in July 2015 was $123.20.
  • Average price of homes sold in Gold Canyon Arizona in July 2015 was $245,563.
  • Number of homes on the market (MLS) in Gold Canyon Arizona during July 2015 was 214 homes.
  • Based on 214 homes on the MLS this is a 11 month inventory of homes, at the current rate of home sales.

What will happen in the local real estate market during the remaining hot Summer? Will we see a shift as we head into Fall? Only time will tell — stay tuned.

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