About Peoria Arizona Homes
Beautiful Peoria Arizona Homes are found North of Glendale and NW of Phoenix, 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 (707) homes available today in Peoria.
October Property sales were 319, up 5.6% from 302 in October of 2017 and 0.3% higher than the 318 sales last month. October 2018 sales were at their highest level compared to October of 2017 and 2016. October YTD sales of 3,390 are running 0.1% ahead of last year’s year-to-date sales of 3,388.
The Median Sales Price in October was $290,000, up 4.0% from $278,750 in October of 2017 and up 0.0% from $289,990 last month. The Average Sales Price in October was $327,142, up 8.7% from $300,833 in October of 2017 and up 2.8% from $318,224 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 834, up 4.1% from 801 last month and up 15.7% from 721 in October of last year. October 2018 Inventory was at its highest 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 43, down 14.0% from 50 days last month and up 2.4% from 42 days in October of last year. The October 2018 DOM was at a mid 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 $153 was up 1.0% from $152 last month and up 8.1% from 142 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 97.1% was down from 97.2% last month and down from 97.3% 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