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 (160) homes available in San Tan Valley today.
The Median Sales Price in May was $360,000, up 36.2% from $264,250 in May of 2020 and up 1.4% from $355,000 last month. The average sales price in May was $382,296, up 36.1% from $280,793 in May of 2020 and up 2.4% from $373,467 last month. May 2021 ASP was at highest level compared to May of 2020 and 2019. (more Market Report below photos)
San Tan Valley Homes ~ Newest Listings
San Tan Valley Homes ~ Monthly Market Report
May property sales were 214, down from 222 in May of 2020 and -5.7% lower than the 227 sales last month. May 2021 sales were at their lowest level compared to May of 2020 and 2019. May YTD sales of 989 are running -3.0% behind last year’s year-to-date sales of 1,020.
The total inventory of properties available for sale as of May was 133, up 26.7% from 105 last month and down -28.9% from 187 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 10, down from 12 days last month and down from 30 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 $196 was up 5.9% from $185 last month and up 33.3% from $147 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 🙂