Fountain Hills Homes
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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.
We can currently see (62) Homes available in Fountain Hills today.
Our Median Sales Price in May was $665,000, up 31.4% from $506,031 in May of 2020 and down -8.9% from $730,000 last month. The average sales price in May was $887,994, up 31.2% from $676,719 in May of 2020 and down -7.2% from $956,385 last month. May 2021 ASP was at highest level compared to May of 2020 and 2019. (See more Market Report below photos)
Fountain Hills Homes ~ Newest Listings
Fountain Hills Homes ~ Monthly Market Report
May property sales were 78, up from 34 in May of 2020 and -17.9% lower than the 95 sales last month. May 2021 sales were at their highest level compared to May of 2020 and 2019. May YTD sales of 349 are running 43.6% ahead of last year’s year-to-date sales of 243.
The total inventory of properties available for sale as of May was 87, up 33.8% from 65 last month and down -48.2% from 168 in May of last year. May 2021 Inventory was at the lowest level compared to May of 2020 and 2019.
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 21, down from 28 days last month and down from 69 days in May of last year. The May 2021 DOM was at its lowest level compared with May of 2020 and 2019.
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 2021 selling price per square foot of $309 was down -0.3% from $310 last month and up 30.4% from $237 in May 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 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂