About Fountain Hills Arizona Homes
Beautiful Fountain Hills Arizona Homes are found on the East Side of Scottsdale and above Mesa, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
We can currently see (237) Homes available in Fountain Hills today.
October Property sales were 64, up 14.3% from 56 in October of 2017 and 33.3% higher than the 48 sales last month. October 2018 sales were at their highest level compared to October of 2017 and 2016. October YTD sales of 771 are running 11.3% ahead of last year’s year-to-date sales of 693.
The Median Sales Price in October was $386,000, down 6.1% from $411,000 in October of 2017 and up 3.6% from $372,500 last month. The Average Sales Price in October was $448,881, up 5.5% from $425,459 in October of 2017 and down 7.9% from $487,204 last month. October 2018 ASP was at the highest level compared to October of 2017 and 2016.
The Total Inventory of Properties available for sale as of October was 330, up 17.4% from 281 last month and down 12.2% from 376 in October of last year. October 2018 Inventory was at its lowest level compared with October of 2017 and 2016.
The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer’s market, a downward trend a move towards more of a Seller’s market. The DOM for October was 65, down 7.1% from 70 days last month and down 4.4% from 68 days in October of last year. The October 2018 DOM was at its lowest level compared with October of 2017 and 2016.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the ‘mix’ of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The October 2018 Selling Price per Square Foot of $211 was up 8.2% from $195 last month and up 14.5% from 185 in October of last year.
Selling Price vs Original Listing Price
The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer’s market exists, a ratio at or above 100% indicates more of a Seller’s market. The October 2018 Selling Price vs Original List Price of 96.8% was up from 95.5% last month and up from 94.9% in October of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Corey Frederic –
Coldwell Banker Residential Brokerage