Troon and Area Market Report for 4/11/16 to 6/11/16

Zip Code 85262 Statistical Report includes Troon & Area

Two Month Report (4/11/16 – 6/12/16)

The Troon and Area Market Report for 4/11/16 to 6/11/16 showed that the 85262 zip code is a Buyer's market right now. Inventory is up while prices are down.For Single-Family Residences
(This report only includes properties with ‘city water’)

  • Overall ACTIVE Single-Family Homes: 388 / Low $395K / Average $1.76M / High $8.4M / Average Days on Market: 232
  • All Under Contract & Pending Sale: 54 / Low $454K / Average $1.3M / High $4.88M
  • All Under Contract Contingent to the Selling of Buyer’s Home: 6 / Low $585K / Average $1.25M / High $2M
  • All Pending Sale: 25 / Low $454K/ Average $1.47M / High $1.5M
  • Sold Properties in the Last Two Months: 73 / Low $325K / Average $1.23MK / High $3.6M / Average Days on Market: 202
  • Sold Properties Last Year (Same Two-Month Period): 66 / Low $375K / Average $1.28M/ High $6.7M / Average Days on Market: 204

Overall Absorption Rate: 14.5 months of inventory if no other homes come on the market from today.  As you know, homes are listed and sold every day, so this will change as the inventory changes.  Zip Code 85262 is a Buyer’s market!

Any questions on this report, other zip codes or subdivision breakdowns? Please call me! 602-359-5439

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Victoria Felice, Realtor Berkshire Hathaway Call/Text: 602-359-5432
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About Scottsdale Victoria

Victoria Felice is a Broker Associate at Realty One Group and provides upscale home buyer and home sellers services in the Scottsdale and Paradise Valley area. Call or text Victoria today at 602-359-5432.

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