Gold Canyon Arizona Real Estate Stats-February 2009

  • February 2009 -Real Estate Stats-Gold Canyon Arizona. During February 2009 there were 482 homes on the MLS in Gold Canyon Arizona. The number of homes sold during February 2009 was 32. Of the 32 homes sold, 11 of these homes were “distressed” **. The average sales price of Gold Canyon homes for February was $426,417.(This number is up from last month’s average due to some higher priced homes selling in February, therefore moving the average sale price upwards.) (Based on the level of sales currently happening, it could potentially take 15 months to move through and sell the current inventory of active homes.Note – this an improvement over the trend set in January when the stats showed it could potentially take up to 30 months to move through the inventory, based on the rate of current sales. )
  • January 2009-Real Estate Stats-Comparison. Let’s look at how February 2009 compares to January 2009 sales in Gold Canyon. In January 2009 there were 504 homes on the MLS. The number that sold was 17, with 12of these being “distressed”**. The average sales price was $340,129.
  • Comparison with February 2008. In February 2008 there were 500 Gold Canyon homes on the MLS listed for sale, with 17 selling. Average sales price was $369,265. (In February 2008 there were potentially 29 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.)

Need real estate help? Contact The Benjamin Team of Benjamin Realty LLC and let them know your needs.
(Real estate data taken from Phoenix Multiple Listing Service. Information is deemed accurate, but not guaranteed.)
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