Aviano At Desert Ridge – Real Estate Market Report
December 14th, 2008 categories: Desert Ridge, Stats and Facts
I really enjoy breaking down statistics and trying to truly analyze the data so I can help buyers make smart buying decisions and help sellers move their properties. Here is some real estate data for Aviano at Desert Ridge. This is for the single family homes only.
Currently there are 47 active listings in Aviano at Desert Ridge. Here is how those 47 active break down:
- 26 Listings are Normal Sellers
- Average price per sq. foot is $208.92
- Average Days on Market is 137 with a high of 420
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4 Listings are Bank Owned Properties
- Average price per sq. foot is $146.65
- Average Days on Market is 84 with a high of199
- 17 Listings are Short Sales
- Average price per sq. foot is $157.10
- Average Days on Market is 175 with a high of 668
From this information it is clear that the bank owned properties are setting the price trend. Of course it is important to note that many of those bank owned properties could have been distressed, but it is still driving the pricing.
Since November 1st, 2008 there have been 5 sales. Of those 5 sales, 3 were short sales, 1 was a bank owned property and 1 was a normal seller. Here are the 5 sales since 11/1/08: (click to enlarge)
From this image, you can see that short sales do close – if buyer can be patient. The normal seller was actually the best deal as far as cost per square foot at $136.00 per square foot. As you can see a motivated seller can come in all forms!
If you can have questions about any of these properties that closed or want information about any active listings, give me a call at 480-201-4185 or click here to contact me.
~Kim
Ready To Sell You Your Slice Of The Arizona Sunshine!
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