Maricopa County Real Estate Market Update
The last week in July saw 4,172 price reductions on Greater Phoenix listings, equating to 26% of active supply for that week. The median price reduction was $15,000 and 78% were over $5,000.
The peak of price for 2022 so far was May, since then the median sales price has declined 6.25% from $480K to $450K. That’s an average of 2% per month* thus far, however the downward trend has not been consistent across all price ranges; a detail not reflected in the median sale price measure.
AND For Buyeres.....
Good news for buyers, the number of closings with seller-paid closing costs rose 27% in July compared to June equating to 7% of all closings for the month. That may not sound like much, but that’s the highest it’s been since March 2021. Prior to 2020, the established baseline for seller-paid closing cost assistance averaged 25-28% of MLS sales and over the past 15 months the average has been just 3-4.5%. The increase is expected to continue as large cash-based investors have pulled back their acquisitions, leaving many sellers to cater to normal buyers once again.
|ORIGINAL LIST PRICE||FINAL LIST PRICE||SOLD PRICE||DAYS ON MARKET||ADDRESS|
|BRIARWOOD||2,959||$1,050,000||$1,050,000||$1,050,000||3||19829 N HIDDEN RIDGE DR|
|VERBENA||2,215||$779,000||$779,000||$795,000||0||20030 N SHADOW MOUNTAIN DR|
Sun CIty Grand Homes sold OFF the golf course
|FINAL LIST PRICE||SOLD
|DAYS ON MARKET||ADDRESS|
|2,014||$635,000||$635,000||$625,000||29||20128 N GOLDEN BARREL DR|
|1,411||$474,100||$474,100||$474,100||26||18742 N SUMMERBREEZE WAY|
|KIVA||1,278||$450,000||$438,500||$420,000||32||20151 N SAGUARO CT|
|LANTANA||1,530||$429,000||$429,000||$435,000||7||15314 W PANTANO DR|
|MADERA||1,613||$499,000||$499,000||$499,000||7||16411 W BOULDER VISTA DR|
|MADERA||1,627||$450,000||$450,000||$437,500||41||16286 W Mountain Pass DR|
|MADERA||1,627||$453,000||$453,000||$453,000||40||15659 W ARBOR TRL|
|MADERA||1,627||$509,999||$499,000||$489,000||42||15112 W PINEHURST LN|
|MADERA||1,627||$559,000||$559,000||$559,000||7||16359 W CRATER LN|
|MADERA||1,645||$485,000||$469,500||$469,500||46||15456 W CAMINO REAL WAY|
|MONTERRA||1,096||$355,000||$350,000||$350,000||0||19576 N DESERT GARDEN DR|
|MONTERRA||1,096||$399,000||$369,000||$350,000||56||20038 N Siesta Rock DR|
|MONTERRA||1,096||$448,000||$448,000||$448,000||1||15900 W AUTUMN CIR|
|PALO VERDE||1,870||$539,000||$529,000||$529,000||48||18160 N TIMBER RIDGE DR|
|PALO VERDE||1,909||$499,000||$499,000||$481,000||20||16208 W ARROYO VISTA LN|
|PALO VERDE + POOL||1,909||$559,000||$559,000||$575,000||14||14965 W ANGEL BASIN WAY|
|SAGE||1,337||$425,000||$425,000||$415,000||9||16252 W CACTUS VALLEY LN|
|SUNDANCE||1,300||$425,000||$425,000||$425,000||25||15955 W AUTUMN CIR|
|1,706||$549,000||$549,000||$549,000||15||19329 N VISTA MONTANA CT|
|VERBENA||2,035||$525,000||$535,000||$540,000||1||15940 W WILDFLOWER DR|
|VERBENA||2,035||$547,000||$547,000||$555,000||70||15565 W CAMINO REAL WAY|
|VERBENA||2,035||$583,500||$583,500||$585,000||23||19925 N HALF MOON DR|
|WILLOW||1,143||$369,000||$369,000||$369,000||43||16060 W COPPER CREST LN|
|WILLOW||1,143||$379,000||$375,000||$365,000||23||16024 W COPPER CREST LN|
|WINDROSE||2,273||$495,000||$495,000||$460,000||7||16256 W TAMARACK LN|
|MISSION||2,356||$623,000||$579,000||$584,000||47||19337 N ECHO RIM DR|
La Solana in Sun City Grand Condominium Sales
|FINAL LIST PRICE||SOLD PRICE||DAYS ON MARKET||ADDRESS|
Properties on this recently sold list have been listed or sold by various participants in the Arizona Multiple Listing Service. Information deemed reliable and accurate but not guaranteed.
Do you need help deciding whether to sell or not or would you like to know if now is the right time to buy a home in the Arizona West Valley? I would be very happy to assist you with statistical information. Just call Leolinda Bowers at 602-403-6865.
Aloha and Mahalo for researching LEOLINDA.com for July 2022 homes sold in Sun City Grand Surprise AZ
Sun City Grand Listings
There's only one name for Sun City Grand Real Estate