16 Mar Arrowhead Ranch Real Estate Report
Another ye
ar has come and gone. I hope everyone had a wonderful holiday season and I sincerely wish you and your loved ones a healthy and happy 2016! So what happened in 2015?
Here are some market stats:
- 84,171 homes sold in 2015. 10% increase over 2014
- Approx 2.8 mos of inventory. At this time we have about 20,556 homes for sale. On average we sell about 7000 homes/month.
- Just as we predicted prices rose about 6.7% for 2015
- Over 100,000 people have moved to Arizona this past year.
Another indicator of a strong housing market is seen in the number of “new builds” in our area. A small explosion is taking place in N. Peoria along Deer Valley Rd & the Lake Pleasant Corridor.
Top 1% Realtors in Maricopa County
Elise Fay, REALTOR®
We are 4 full years past the bottom of the real estate market and for the most part we have recovered. There is lower than average inventory of homes (still some folks cannot sell yet), prices are up, demand is strong, people are relocating, others are downsizing, upsizing or just looking for a change of scenery. What remains true is “fixed up houses sell for more money in a shorter amount of time”. Our exclusive stager can help you maximize your $$$. *Call me for a special “New Build” Home Tour and ask about my buyer incentive plan when you take me on your first visit.
Arrowhead Sold Homes – Dec 2015
| Sold | Address | Built | Features | Price |
| 12/2/2015 | 5315 W. Mohawk Dr | 1996 | 63FRDXPO3G3S | $535,000 |
| 12/4/2015 | 6515 W. Louise Dr | 1994 | 32FRDX3G | $300,000 |
| 12/18/2015 | 6177 W. Pontiac Dr | 1995 | 32R2G2S | $215,000 |
| 12/15/2015 | 20262 N. 61st Ave | 1992 | 32FRDPS2G | $278,000 |
| 12/15/2015 | 22014 N. 59th Ln | 1994 | 54FRDXP3G3S | $396,250 |
| 12/23/2015 | 5926 W. Louise Dr | 1994 | 43.5RPSO3G2S | $375,000 |
| 12/24/2015 | 6551 W Lone Cactus | 1992 | 42.5FRDXPSO3G3S | $386,500 |
| 12/29/2015 | 5958 W Fieldstone | 1994 | 42FRO2G3S | $279,000 |
| 12/30/2015 | 21624 N. 59th Dr | 1994 | 32FRDO3G6S | $297,000 |
| 12/30/2015 | 21508 N 65th Ave | 1993 | 42.5RDP3G | $389,500 |
| 12/30/2015 | 20739 N. 56th Ave | 1994 | 42.5FRDX3G | $400,000 |
| 12/30/2015 | 5568 W Rose Garden | 1995 | 42.5FRDXP3G | $410,000 |