Queen Creek Real Estate Stats
Updated April '11
The Queen Creek Arizona real estate market currently provides buyers with some serious bargains. Many people find that these bargain prices are well worth the drive.
Queen Creek was one of the first areas in the valley that got hit when prices fell. So I suppose it makes perfect sense that this is one of the first places where prices would go back up. So we had a "hiccup" this past quarter - prices generally have been going up for over two years! I think that the Queen Creek real estate stats are a sign of things to come for the rest of the valley!
Another important factor in looking at Queen Creek real estate market trends is how long homes were on the market when they actually did sell. This is called days on market and is referred to as DOM.
The final way I like to evaluate what is happening with Queen Creek real estate market trends is by showing how many homes have sold versus how many are currently listed at any given time. I also like to throw in how many homes are pending sale as well as how many new listings that there are when I post Queen Creek real estate stats.
When I look at the charts, I see great news for the Queen Creek Arizona real estate market. In my experience we see trends form in the outlying communities first. And in both Queen Creek and Maricopa we are seeing evidence that the market is turning around.
Data used to create this statistical analysis comes directly from the Arizona Regional Multiple Listing Service (MLS) and is therefore deemed to be reliable but is not guaranteed. All charts and interpretations are the intellectual property of Jeff Hunt and Rider's Realty. Any republication or distribution is strictly forbidden without written permission of the owner.
