Town of Maricopa Arizona Homes Sales Report August 2011

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Real Estate Broker/Owner with Phoenix Property Shoppe 602-380-4886
http://actvra.in/knK

Town of Maricopa Arizona Homes Sales Report August 2011


Homes Sales in the Town Maricopa, Arizona


Maricopa Arizona Homes Sales Report August 2011



By looking deeper into the year to year stats of homes sales in Maricopa AZ you will see big changes from August of 2010 to August of 2011.  The real estate market is alive and well in Maricopa, Arizona.


  • Active Listings are Down by 60%

  • Pending Sales are up by 16%

  • Closed Sales are up by 5%

 

We all know the media likes to 'take a bite' on any negative piece of news to make it appear as if the real estate market is doom and gloom.  It is not!  We expect sales to continue on a upward trend  this next year due to low home prices and low interest rates.


Many Maricopa, Arizona homes have had multiple bids if they're priced right, in good condition and in a good location. There are still bank owned and short sales and a few traditional sales.


My advice to buyers is that if you find the home you like, and the comparables prove to be in line with the market, don't wait to make your offer - if this truly is your dream home or a hot investment property that fits into your portfolio.  It may take a  few bids to finally win a bid on a home but in the long run it's worth the effort. Patience will pay off.


And of course if you're looking for a hard working, dedicated real estate agent that knows the Maricopa, AZ real estate market and knows how to navigate multiple bids - give me a call.


Let's meet for coffee and discuss your game plan.  



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Arizona Maricopa County
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30 Days In September 2011 Localism Posting Challenge
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maricopa arizona homes sales report august 2011
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Ambassador
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John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Hola Anna -

You're so right the media is all about the negative stuff.  I suppose it pays their bills.  Glad things are picking up for the Arizona area a great sign for the rest of us!

Have a great evening!

 

Sep 28, 2011 10:55 PM #1
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Judi K Barrett
Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma - Idabel, OK
Broker/Owner, Integrity Real Estate Services -IDAB

What a neat graph but even more important is the information that it carries.  Things are improving.  Great info!

Sep 28, 2011 10:56 PM #2
Anonymous
Anonymous
Anonymous

Nice to see a positive market report, Anna - and the proper perspective put on the trends and drivers!  I love the way you overlaid the market stats on the beautiful backdrop - very creative!

Sep 29, 2011 12:07 AM #3
Rainmaker
350,305
Marco Giancola
Douglas Elliman Real Estate - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Hi Anna-that looks like excellent news for your market area and and easy to read graph too!

Sep 29, 2011 05:46 AM #4
Rainmaker
339,802
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley R since 1976;408-565-8177

Ms. Anna Banana,

Alive and well indeed.  With only twice as many Actives (425) as Sales (208), Maricopa has two months of unsold inventory.  That looks like a hot seller's market from where I sit out here in Silicon Valley.  Nice reporting, Ms. Anna Banana.

Sep 29, 2011 05:21 PM #5
Rainmaker
698,939
Gene Mundt
www.genemundt.com - 708.921.6331 - New Lenox, IL
Chicagoland Mortgage Lender - 37 yrs experience

Anna:  I just LOVE seeing these reports!  But why oh why isn't the media picking-up on some of this better news?  Maybe we should start a campaign and email all the media with the good news we're finding each and every time it's reported here on the Rain.  How could they continue to overlook it????

Gene

Sep 29, 2011 07:37 PM #6
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1,464,213
Anna Banana Kruchten
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana of Real Estate!

John the media keeps harping on how 'bad' it is.....the numbers in 18 out of the 20 markets we cover don't show that at all.

Judi - yes this particular area is further out and sells like hot cakes. Crazy market out there.

Karen - thanks!  We try to do pics for each market report that show something special.

Marco - we try to keep it user friendly as possible.

Lloyd - yes it is a very hot sellers market.  We have quite a few like this and have for awhile. And thanks!

Gene - oh why indeed. Good news doesn't sell!  I do 20 reports and 18 out of the 20 are doing good.  

 

 

Sep 29, 2011 07:45 PM #7
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Anna Banana Kruchten

Arizona's Top Banana of Real Estate!
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