Market Data - Fountain Hills – May 2017

The supply of active listings declined from 225 during April, to reach 219 on May 1, 2017, down 2% from the number that we saw on May 1, 2016. We now have 1 short sale and 2 lender owned homes among them. There were 14 sales during April, down from 17 in April 2016, which means Fountain Hills once again did not really participate in the sales volume increase we saw more widely. Prices were mixed, with a rather negative bias. The twelve month average price per sq. ft. fell to $219 in April, down from $220 a year earlier. The six month also dropped to $215 down from $226 a year ago. The three month average remained at $216 per sq. ft. down from $238 a year earlier. Pricing is still struggling to regain the levels of early 2015 and has made little headway so far.

Average Price per Sq. Ft. for Closed Transactions for the Last 10 Years

Number of listings by Status for the Last Two Years

Sales Price as a Percentage of Original List Price

Average Price by Status

Market Activity by Price Range

Months of Inventory Based on Price Range

Average Price per Sq. Ft. based on Price Range

Seasonality

New Listings by Month

Accepted Offers by Month

Closed Transactions by Month

The charts above reflect activity by month. Each bar represents the percentage of annual business done within a specific month.

Price per Sq. Ft. by Size

Price per Sq. Ft. by Year Built

Market Activity by Property Type

Active - This Month

Sales - This Month

Active – 12-Month Average

Sales – 12-Month Average

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Price per Sq. Ft. by Type