Carefree Real Estate Market Trends – Arizona

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Carefree Real Estate Market Conditions and Trends

Homes for Sale > Real Estate Market > Arizona Real Estate Market > Carefree Real Estate Market

Winter 2012 Market Update Carefree luxury real estate is more attractive and affordable than ever, creating an exceptional opportunity to buy in while you still can.
Average Home Price	$725,000 - View Graph Trend

Average Price Compared to Last Year	Down 0-5%

Average Time on Market	More than 120 days

Best Selling Price Range	$500,000 - $549,000

Worst Selling Price Range	$1,000,000+

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	Decreasing

Market Trend	No Change

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Carefree is	Increasing

Seller Activity for the past 90 days in Carefree is?	Increasing

Multiple Offers?	No

Multiple Offers Commentary	In Carefree AZ, below-market-priced traditional, short sale and bank-owned homes continue receiving multiple offers, some above asking price.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	25-30%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	If you are considering buying a Carefree, AZ home for sale, we encourage you to get prequalified with a reputable lender. This puts you in a stronger position as a buyer.

Housing Inventory	Good supply - Some Prices

Inventory Comments	Carefree, AZ homes can be found in a dramatic price range, from $259,900 for a 1746 sq. ft. bank-owned fixup to $5.95 million for a 7895 sq. ft. luxury home in Carefree Grandview Estates.

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Carefree, AZ is an extremely popular area for second home buyers and winter visitors who appreciate all Carefree has to offer, from nearby art galleries, unique shops and restaurants to its spectacular Sonoran Desert surroundings.

Nearest Metro Area	Scottsdale

Housing Hot Spots	The Boulders, Velvet Shadows, Carefree Inn Estates, Carefree Rolling Hills, Desert Mountain, Black Mountain

Average Sold Price	$725,000 - View Graph Trend

Carefree Local News

Carefree, AZ Population is Up - March 18th, 2011 10:54am
We already know that Carefree has some of the most unique and beautiful homes for sale on the market today, at prices that now put it in reach of more people than ever before. (Prices of Carefree single family homes for sale range from $259,900 for a 1746 s.f. home to $5.95 million for a 7,895 sq. ft. architectural marvel at Carefree GrandView Estates.) Now, the popularity of moving to Carefree and its reputation as being a highly desirable upscale community is supported by the most recent census figures showing a growth rate of nearly 15 percent between 2000 and 2010. Before you worry that this bucolic town is in danger of losing its small town charms, understand that this growth brings the population to a whopping 3,363 residents.

News for Carefree, AZ - December 29th, 2010 12:00pm
In town looking for Carefree, AZ real estate? You may wish to schedule your visit to coincide with the Carefree Fine Art & Wine Festival the weekend of January 14-16, 2011 in charming downtown Carefree near the corner of Easy and Ho Hum Streets. The Carefree Arts Festival, produced by Thunderbird Artists of Fountain Hills, showcases the work of more than 175 award-winning fine artists from throughout the United States. What a great place to shop for one-of-a-kind art treasures to fill your new Carefree home! (Carefree, AZ has a wonderful selection of unique homes for sale and we will be glad to schedule a meeting with you and show the best homes available in your price range.)

News for Carefree, AZ - December 24th, 2010 4:44pm
Whether you are in the market for Carefree, AZ real estate or interested in simply being more "Carefree" in your life, be sure to mark your January calendar for a fun lineup of art festivals, a balloon festival, flea markets, arts and crafts shows, Yoga or garden seminars, all taking place in and around Cave Creek and Carefree. For a complete calender of events, check out www.carefreecavecreek.org for details and calendar of events. And if finding a luxury Carefree home for sale is also in your future, be sure to give us a call at 480-371-5419 -- we would love to help you with all your Carefree real estate needs, whether buying or selling!

Astonishing views from Carefree, AZ mountaintop home for sale - November 8th, 2010 11:38am
Carefree, AZ is second only to Paradise Valley when it comes to metro Phoenix home prices and luxury homes. It's no wonder, either. Here you can find homes for sale with some of the most spectacular views in the Valley. We recently previewed the most expensive home currently for sale in Carefree --- located at the top of Black Mountain, of course, with jaw-dropping views from every window. Priced at $4.595 million, this spectacular home must be seen to be believed! Please call us today at 480-371-5419 for more information or to schedule a private showing.

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Glen and Peggy Roberts

480-947-2106

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Blog Archives

March 2010 (2)

December 2010 (2)

November 2010 (1)

October 2010 (3)

September 2009 (1)

Mortgage Rates

– Feb 10th, 2012 –
---------------------------------

30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Glen and Peggy Roberts

HomeSmart INternational

480-947-2106

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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)

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