Realty Times - Fountain Hills, Arizona Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Arizona > Fountain Hills

Market Conditions Summary for Fountain Hills, Arizona

Reported by

Bill Drummey, CRS, GRI, ABR, ASP, e-Pro
as of 12/3/2008:

Sales in Fountain Hills were up 3% vs 2007 for October 2008 ( -11% YTD) as the market appears to be turning the corner (at least bottoming out)! If you are "thinking" about buying a home now may be the perfect time with rates still at historical... MORE->
About Bill Drummey, CRS, GRI, ABR, ASP, e-Pro

Reported by

Karen Picarello
as of 12/3/2008:

Call Karen Picarello for more information at 888-548-8713. Overall Market. Inventories are down 1% from last week. Total of 44823 active listings with 4901 closings in the last month. About a 9 1/4 month supply. Phoenix. Inventories are... MORE->
About Karen Picarello

Reported by

Lisa Murray
as of 12/1/2008:

It's a GREAT time to be a Buyer! The prices are down to about what they were in 2003-2004 and the selection has never been better. It was officially announced in the Arizona Republic that Phoenix was at the top of declining home prices with a 30.7%... MORE->
About Lisa Murray

Reported by
VIP Investor Network, LLC
as of 11/18/2008:

WELCOME TO FOUNTAIN HILLS! We are currently experiencing a strong buyers market with prices trending downwards. The average price of a single family residence is approximately $500,000. BUT... VIP Investor Network Specializes in TRUE... MORE->
About VIP Investor Network, LLC

Reported by

Lyn Trayte
as of 11/4/2008:

The Fountain Hills real estate activity and sales prices since Sept. have shown a slight decrease in pending and closed sales from the previous 2 months, however sales momentum has been increasing for the most part since January of 2008. There are... MORE->
About Lyn Trayte

Reported by

Jim & Vivien Biggs - 866.250.9595
as of 10/15/2008:

Call us locally at: 480.390.6562 or 602.615.9137! Ask for a FREE CUSTOM MLS search website! Higher than normal resale inventory in the market is providing a buying opportunity! Most months of 2008 have shown an increase in sales! Its a BUYERS... MORE->
About Jim & Vivien Biggs - 866.250.9595

Reported by

Anna Tseplaeva, GRI, e-PRO
as of 6/6/2008:

The average sales price of a home in Fountain Hills in May was $442,673. The price continues to decline compared to the April's average sales price of $530,647. The average sales price in March and February was $540,742 and $595,033... MORE->
About Anna Tseplaeva, GRI, e-PRO

Average Current Market Rating: 1.4 (7 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 1.9 (7 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Arizona > Fountain Hills

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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