About Laveen Arizona Homes
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Beautiful Laveen Arizona Homes are found on the south side of the I-10, located on the west side of South Phoenix with beautiful views of South Mountain. Your Search Results will appear below showing the “Newest Listings” first. You can 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.
There are currently (145) active properties available in Laveen today. Laveen Arizona Homes will also benefit after the new 202 Freeway Extension is completed around the South side of South Mountain – giving much quicker access to Chandler and other destinations south on the I-10. Laveen has a population of 37,859, with an average age of 29, and average home value of $251,408.
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
Some Real Estate listings in Laveen, AZ
Monthly Market Report
May property sales were 102, up from 86 in May of 2018 and 4.1% higher than the 98 sales last month. May 2019 sales were at their highest level compared to May of 2018 and 2017. May YTD sales of 363 are running 7.7% ahead of last year's year-to-date sales of 337.
The median sales price in May was $255,000, up 6.4% from $239,750 in May of 2018 and down -2.7% from $262,000 last month. The average sales price in May was $274,869, up 7.6% from $255,476 in May of 2018 and up 2.7% from $267,669 last month. May 2019 ASP was at highest level compared to May of 2018 and 2017.
The total inventory of properties available for sale as of May was 132, up 15.8% from 114 last month and up 29.4% from 102 in May of last year. May 2019 Inventory was at a mid range compared to May of 2018 and 2017.
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 May was 56, up from 52 days last month and up from 39 days in May of last year. The May 2019 DOM was at its highest level compared with May of 2018 and 2017.
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 May 2019 selling price per square foot of $128 was down -1.5% from $130 last month and up 8.5% from $118 in May of last year.
Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their 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 May 2019 selling price vs list price of 98.0% was up from 97.0% last month and down from 98.1% in May of last year.