Gold Canyon residential real estate sales in August 2015 showed an increase in home sales over the past couple summer months. The average price per square foot of the homes sold was up a bit from last month – more in line with what we were seeing the average being in the spring months.
August 2015 – Real Estate Stats – Gold Canyon Arizona at a glance
Let’s review below what happened in August with real estate sales in the Gold Canyon area.
- August 2015 home sales shows 29 homes sold. Of these 29 sales, 2 of these home sales were “distressed” when the sale occurred – (ie, foreclosure or short-sale.)
- Average price per square foot for sold homes in August 2015 was $130.51.
- Average price of homes sold in Gold Canyon Arizona in August 2015 was $270,917.
- Number of homes on the market (MLS) in Gold Canyon Arizona during August 2015 was 192 homes.
- Based on 192 homes on the MLS this is a 7 month inventory of homes, at the current rate of home sales.
What will happen in the local real estate market as we head into Fall? Only time will tell — stay tuned.
(Real estate data taken from Phoenix Multiple Listing Service. Information is deemed accurate, but not guaranteed.)