Gold Canyon Arizona Real Estate Stats-July 2015

Gold Canyon residential real estate sales in July 2015 showed the typical “hot Summer doldrums”. Fewer homes sold and those that sold, sold at a bit less price per square foot than what the averages have been showing. But these are typical factors for the hot summer months.

July 2015 – Real Estate Stats – Gold Canyon Arizona at a glance

Let’s review below what happened this June with real estate sales in the Gold Canyon area.

  • July 2015 home sales shows 19 homes sold. Of these 19 sales, 3 of these home sales were “distressed” when the sale occurred – (ie, foreclosure or short-sale.)
  • Average price per square foot for sold homes in July 2015 was $123.20.
  • Average price of homes sold in Gold Canyon Arizona in July 2015 was $245,563.
  • Number of homes on the market (MLS) in Gold Canyon Arizona during July 2015 was 214 homes.
  • Based on 214 homes on the MLS this is a 11 month inventory of homes, at the current rate of home sales.

What will happen in the local real estate market during the remaining hot Summer? Will we see a shift as we head into Fall? Only time will tell — stay tuned.


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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