Gold Canyon Arizona Real Estate Stats-October 2008

– Posted in: Gold Canyon Real Estate
  • October 2008-Real Estate Stats-Gold Canyon Arizona. During Oct 2008 there were 400 homes on the MLS in Gold Canyon Arizona. The number of homes sold during October was 17. Of the 17 homes sold, 7 of these homes were “distressed” **. The average sales price of Gold Canyon homes for October was $286,016. (Based on the level of sales currently happening, it could potentially take 24 months to move through and sell the current inventory of active homes.)
  • September 2008-Real Estate Stats-Comparison. Let’s look at how Oct 2008 compares to Sept 2008 sales in Gold Canyon. In September 2008 there were 384 homes on the MLS. The number that sold was 17, with 8 of these being “distressed”**. The average sales price was $239,159.
  • Comparison with October 2007. In October 2007 there were 467 Gold Canyon homes on the MLS listed for sale, with 19 selling. Average sales price was $372,909.(In October 2007 there were potentially 25 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.)