Friday, July 29, 2011

Queen Creek Arizona 85142 Real Estate Market Update – Queen Creek Arizona Real Estate Agent

Queen Creek Arizona 85142 Real Estate Market Update – Queen Creek Arizona Real Estate Agent

This Week                                                                                                                                                                                                             The

The median list price in QUEEN CREEK, AZ 85142 this week is $142,000. The 353 properties have been on the market for an average of 111 days.

The Market Action Index has been trending down recently, but as days on-market decreases also, there are not strong signals for the direction of the market.

Supply and Demand                                                                                                                                                                  

Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward.  If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

 

 We hope you find this short Queen Creek real estate market update useful.  Click here to view homes for sale in Queen Creek Arizona. Perspective Real Estate Group is ready to help you find your perfect Queen Creek home for sale.

For more information on Queen Creek Arizona homes for sale visit us at www.ArizonaPerspective.com