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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.
There are currently (61) active Homes available in Laveen today.
The Median Sales Price for Laveen Arizona Homes in August was $295,000, up 13.3% from $260,450 in August of 2019 and up 1.0% from $292,000 last month. The average sales price in August was $312,661, up 6.6% from $293,335 in August of 2019 and down -1.2% from $316,320 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018. (See more Market Report below photos)
Laveen Homes ~ Newest Listings
Laveen Homes ~ Monthly Market Report
August property sales were 64, equal to 64 in August of 2019 and -9.9% lower than the 71 sales last month. August 2020 sales were at their lowest level compared to August of 2019 and 2018. August YTD sales of 493 are running -17.7% behind last year’s year-to-date sales of 599.
The total inventory of properties available for sale as of August was 89, up 61.8% from 55 last month and up 23.6% from 72 in August of last year. August 2020 Inventory was at a mid range compared to August of 2019 and 2018.
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 August was 27, up from 23 days last month and down from 41 days in August of last year. The August 2020 DOM was at its lowest level compared with August of 2019 and 2018.
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 August 2020 selling price per square foot of $147 was up 2.1% from $144 last month and up 13.1% from $130 in August 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 🙂