Gold Canyon Arizona’s January 2024 home sales increased when compared to sales reported for the prior month – December 2023. Compared to homes sold in the same reporting period in 2024, more homes were sold in January 2024 than in 2023. The average price per square foot for homes sold in January 2024 was less than the price for the prior month.
January 2024 – Real Estate Sales – Gold Canyon Arizona at a glance
Let’s review Gold Canyon area real estate residential home sales for January 2024.
- January 2024 saw 27 homes in the Gold Canyon area sold, listed on the MLS. No distressed home sales were reported- (ie, foreclosure or short-sale.)
- The average price per square foot for homes sold in January 2024 was $261.21.
- The average sales price of Gold Canyon Arizona homes sold in January 2024 was $513,737.
- The number of Gold Canyon Arizona homes on the market in January 2024 was 191 (MLS).
- Based on 191 homes listed on the MLS – a 7-month inventory of homes – at the current rate of home sales.
- January 2024 residential home sales in Gold Canyon saw more homes sold than were sold during the January 2023 reporting period.
Buyers are looking for good values, if you are thinking of selling
There are cash buyers who are not worried about loan rates and the increasing loan rates, despite rising interest rates for home loans. But the market has changed from days when buyers were snatching up listings within hours of being placed on the MLS. Sellers will benefit from handling needed repairs and doing what they can to stage homes before putting them on the market.
What will our area see regarding home sales as we continue throughout winter and into spring? Only time will tell — stay tuned.
(Note — the above information only reflects home listings and sales in the Multiple Listing Service (MLS). The Gold Canyon area has various new home builders and custom builders actively building and selling homes. Builder-constructed homes are NOT referenced as part of the above numbers, because they are not listed in the MLS. Additionally, homes sold utilizing selling services not a part of the MLS are not included in the referenced numbers. If a home not listed on the MLS sells, that sale information is not included in this information.)