For Gold Canyon residents, (or individuals interested in buying homes in Gold Canyon), below is information about how the current real estate market is doing.
(This data is for month end December 2008).
This information is provided by Benjamin Realty, your local Gold Canyon and East Phoenix Valley Realtors.
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-Gold Canyon Arizona
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.
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 number that sold was 16, with 7 of these being “distressed”**.
The average sales price was $262,132.
Comparison with December 2007-Real Estate Stats-Gold Canyon
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 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.)
(Note- not all the home listed as “active” in the MLS in 2007 have sold since that time, there have been a number of home owners who have taken them off the market for sale.)
(** A “distressed” home means either a home is a “short-sale” or one that has foreclosed.)
(This data is compiled from the Phoenix ARMLS for the time period that is referenced.)
If you need real estate assistance, contact Bob and Carolin Benjamin at 480-201-3001.
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