Enjoy this Maricopa County Real Estate Market Report for this month.
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Statistical Market Summary – December 2019
Average Sales Price $362,178
|Last Month||Last Year|
|Active Listings||🔻 9.1%||🔻 29.2%|
|Pending Listings||🔻 22.0%||🔼 12.3%|
|Sold Listings||🔼 8.4%||🔼 16.4%|
|Average Days on Market||🔼 5.4%||🔻 12.5%|
|Average Sales Price||🔼 1.3%||🔼 9.6%|
Buyers: Interest rates are still in the 3s for now, but the number of available homes decreased despite how few properties went under contract. Remember, you will often get a good price or good terms (concessions/ contingencies), but rarely both. Be prepared to write your offer accordingly.
Sellers: Buyer activity slowed for the holidays but will start increasing into Spring. The average sales price bumped back up this month, and interest rates remained stable. Remember, “pretty homes” sell faster and for more money…have your home in tip-top shape to secure the best offer(s) from potential buyers.
Today’s Mortgage Rates
|▶️ 30 Year Fixed (Con)||3.73%|
|▶️ 15 Year Fixed (Con)||3.37%|
|▶️ 30 Year FHA||3.37%|
|▶️ Jumbo Loan||3.81%|
|▶️ 5/1 ARM||3.42%|
Market Reports from 2019
|BUCKEYE / VERRADO||GOODYEAR|
|LITCHFIELD PARK||VICTORY AT VERRADO|
|CANTAMIA||ESTRELLA MOUNTAIN RANCH|
|PEBBLE CREEK||SUN CITY|
Homes for Sale in Maricopa County
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