Snapshot Real Estate Market Report for Queen Creek, Arizona ~ February 2009
By Randy Hooker, Gilbert, Chandler, Mesa, Queen Creek
(Dreamcatcher Realty / Greater Phoenix Area)
QUEEN CREEK, ARIZONA ...is indeed a community with great demand and incredible values! February 2009 vs. February 2008 309 single family detached homes were purchased last month vs. 147 last year. The average price paid was $131,746 vs. $202,852 last year. The median price came in at $112,000 vs. $174,000 last year. The ratio of purchase price to list price was 97% - unchanged from last year. 216 of the homes (70%) were bank owned vs. 39 homes (24%) last year. The average time on the market was 66 days vs. 102 days last year. There were 2,311 Active single family listings vs. 2,676 last year. Click Here for full current Queen Creek Market Report Queen Creek Homes photo by Miguel Folch
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