Gold Canyon Arizona-Real Estate Stats-November 2010

Gold Canyon Arizona real estate stats for month ending November 2010 show the market held steady as compared to October 2010 numbers. A slight few additional homes homes sold in Nov over the number sold in October and the average price per sq foot of homes sold was slightly more — slightly more for “traditional” sales as well as “distressed” home sales. These averages can more be attributed to some of the homes sold being a bit larger/more expensive, than the market taking any sort of turn. On the plus side, the number of homes sold in Nov 2010 was almost double the number of homes sold 2 years ago in November 2008 — so let’s all look on the positive side!

November 2010 – Real Estate Stats – Gold Canyon Arizona at a glance
November 2010 sales at a glance shows slightly more Gold Canyon homes sold in November 2010 than in October 2010.

  • In the Gold Canyon Arizona area, 29 homes sold in November 2010
  • Average price per square foot for sold homes in November 2010 was $102.94.
  • Average price of homes sold in Gold Canyon Arizona in November 2010 was $232,958.
  • Distressed properties – of the 29 homes sold in the Gold Canyon Arizona area in November 2010, 17 of the properties were “distressed”***. Average price per square foot for “distressed” homes sold in November 2010 was $89.98.
  • Number of homes on market in Gold Canyon Arizona during November 2010 – there were 375 homes on the MLS. This is a higher number of homes on the MLS than other months since March 2010.
  • Based on 375 homes on the MLS, at the current rate of home sales this is a 13 month inventory of homes.

(** 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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