The address you provided does not have any records associated to it. Perhaps the number is incorrect. There is a home at 11571 E. Christmas Cholla that just closed on 4/5/13 for $380,000. Could this be the property you are inquiring about?
Teresa R. Fahl, Realtor ~ Fine Homes Specialist
Prudential Arizona Properties ~ Troon North
28190 N. Alma School Road, Suite #111 | Scottsdale, AZ 85262
Email: firstname.lastname@example.org | Cell: 480.620.5738 | www.TNTFineProperties.com... more
It's deffinetly a Sellers market, leaning towards a balanced market. We have more buyers than sellers. Homes that are priced well move quickly. I'd like the opportunity to discuss this further with you. Feel free to call me at 480-797-8461.
Great choice for a second home. Market here is good, just heard a talk by our local R.E specialist from the ASU business school. He said after Jan 1 we should expect a very fast pace for buying and rising prices. Call if you would like more info on available condos now. 480 510-0510.... more
That is a broad question that can be better answered with local focus. The answer is...it depends...on area, price point and demand. A cash buyer may pay 15% or more above value vs a financed buyer who will pay market value so the average of that plays a role. Phoenix is in high demand now and we are even seeing the REO bank owned homes come on to market 25% higher than recommended listing price. It is all about what a buyer is willing to pay as well.... more
Average sales price often gets skewed by the luxury market, for better or worse. If you're looking at macro real estate statistics, the median helps to minimize outliers in the data, but the downside to using the median is that its slower to pick up on price movements. Last, but not least, if you pulled your statistics from something Trulia reported, I wouldn't necessarily trust the data. Personally, I don't know about other markets in the country, but Trulia seems completely out of touch with the Phoenix market. If you want up to date statistics on the Phoenix market, Cromford Report is the best source around, but it's a paid subscriber site and it's about $300 for an annual membership.... more