What is going on in the Queen Creek/San Tan Valley Real Estate market?
Queen Creek December 2014
| Status | # Listings | Sold Volume | List Price | Sold Price | Approx SQFT | Sold Price Per Approx SQFT | Days On Market | |
| Closed | 127 | 33,673,088 | Low Avg High |
66,780 270,694 849,000 |
85,989 265,142 775,000 |
730 2,512 5,572 |
50.53 105.56 185.30 |
2 104 501 |
Queen Creek December 2015
| Status | # Listings | Sold Volume | List Price | Sold Price | Approx SQFT | Sold Price Per Approx SQFT | Days On Market | |
| Closed | 147 | 41,996,411 | Low Avg High |
110,000 289,627 659,000 |
110,000 285,690 626,000 |
1,120 2,518 5,417 |
67.16 114.50 232.80 |
0 79 510 |
Queen Creek had a great December this year. There was modest growth in year over year homes sold with an extra 20 homes sold. The real story is huge appreciation. The average home price rose over $20,000 from the same month last year. This is huge. If you bought your home 2-3 years ago you should have a decent amount of equity built already. Over all homes in Queen Creek are selling faster and for a higher price.
San Tan Valley December 2014
| Status | # Listings | Sold Volume | List Price | Sold Price | Approx SQFT | Sold Price Per Approx SQFT | Days On Market | |
| Closed | 146 | 25,457,534 | Low Avg High |
84,900 178,013 489,900 |
80,000 174,367 465,000 |
1,056 1,979 3,740 |
52.77 90.03 255.68 |
0 89 521 |
| Status | # Listings | Sold Volume | List Price | Sold Price | Approx SQFT | Sold Price Per Approx SQFT | Days On Market | |
| Closed | 156 | 28,885,027 | Low Avg High |
75,660 188,737 384,650 |
155 185,160 375,000 |
1,052 2,065 4,157 |
0.12 91.76 194.41 |
0 76 563 |
San Tan Valley December 2015
San Tan Valley is looking pretty healthy as well. The days on market has gone down and the average price per home rose almost $11,000. This to me shows a very healthy market with modest year over year appreciation. Most San Tan Valley home owners are in the same situation as Queen Creek home owners. If you bought your home 2-3 years ago you should have some equity.
If you are thinking about up or down sizing now is a great time. Please give me a call and we can see just how much equity you might have!
For more information about Big Mike or RE/MAX Home Expert Realty, please visit www.DownHomeAZ.com or give Big Mike a call at (480) 720-0730
