Vistancia Real Estate Market Conditions & Reports, Vistancia Market Trends, Arizona

Market Commentary Provided by Bonnie Evans
With the housing prices down overall 40-50%, first time homebuyers and out of state buyers looking for a second home have increased dramatically. We have seen homes being sold in just days and some over the list price. If interest rates continue to stay low, we will have a terrfic year and will get through some of the inventory currently on the market. Here in sunny AZ, the tides are changing!

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Bonnie Evans
HomeSmart Real Estate
Glendale, Arizona
602-316-0575
bonevans@cox.net
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

10-30 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down more than 30%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Vistancia is

Seller Activity for the past 90 days in Vistancia is

Is Financing Available For Qualified Buyers in Vistancia?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Other

Average Sold Price

$175,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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