It's a HOT day in Power Ranch and not just the temperature - the real estate market is still as HOT as ever. We have a severe shortage of homes for sale in Power Ranch currently. With only 30 homes currently active, buyers are struggling to find the right home to purchase and then to win the bid in today's competitive market.
Power Ranch's average home price has risen to $266,044 form $261,000 just a few short weeks ago. The average length of time a home is listed for sale in today's market is 30 days with most selling in less than 27 days! Talk about moving fast...
The last month we closed 25 sales in Power Ranch. This number should be significantly higher but due to our low inventory we have to work with what we are given. This means that almost every home for sale in the last month has sold already. The sold homes ranged in price from $108,000 to $390,000 while the active homes have a higher price point. They are listed for between $165,000 and $575,000 currently.
Since there are a number of different price points available in Power Ranch, it is difficult to look at the neighborhood as a whole and extract relevant data. The higher price points ($275,000 - $575,000) are moving slower while the lower price points (under $275,000) are moving very quickly.
Are you considering selling your home in Power Ranch? Would you be interested in a FREE market analysis based on your home, location and features? Call Chelsea Elwood, listing specialist and Power Ranch Neighborhood Expert for information on obtaining your Free market analysis.
Chelsea Elwood
Keller Williams East Valley
(480) 503-9293
Are you dying to move into Power Ranch? Check out these Homes For Sale in Power Ranch and contact Chelsea Elwood for your private showing today at (480) 503-9293.
The last month we closed 25 sales in Power Ranch. This number should be significantly higher but due to our low inventory we have to work with what we are given. This means that almost every home for sale in the last month has sold already. The sold homes ranged in price from $108,000 to $390,000 while the active homes have a higher price point. They are listed for between $165,000 and $575,000 currently.
Are you considering selling your home in Power Ranch? Would you be interested in a FREE market analysis based on your home, location and features? Call Chelsea Elwood, listing specialist and Power Ranch Neighborhood Expert for information on obtaining your Free market analysis.
Chelsea Elwood
Keller Williams East Valley
(480) 503-9293
Are you dying to move into Power Ranch? Check out these Homes For Sale in Power Ranch and contact Chelsea Elwood for your private showing today at (480) 503-9293.
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