San Tan Valley Homes
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San Tan Valley Arizona Homes are found in the Southeast Valley, East of Queen Creek, all the way down to Florence, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (223) homes available in San Tan Valley today.
The Median Sales Price in August was $285,000, up 16.3% from $245,000 in August of 2019 and up 3.4% from $275,500 last month. The average sales price in August was $305,006, up 17.8% from $258,900 in August of 2019 and up 4.5% from $291,990 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018. (more Market Report below photos)
San Tan Valley Homes ~ Newest Listings
San Tan Valley Homes ~ Monthly Market Report
August property sales were 212, down from 267 in August of 2019 and -15.9% lower than the 252 sales last month. August 2020 sales were at a mid level compared to August of 2019 and 2018. August YTD sales of 1,729 are running -9.7% behind last year’s year-to-date sales of 1,914.
The total inventory of properties available for sale as of August was 178, up 31.9% from 135 last month and down -36.0% from 278 in August of last year. August 2020 Inventory was at the lowest level 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 18, down from 26 days last month and down from 38 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 $149 was up 3.5% from $144 last month and up 12.9% from $132 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 🙂