January 6

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Laveen home values

A look at Laveen home values – a Running Update

What to we look at with home values 2021? 

Well, we will be looking at the market activity by paying attention to a couple of key items which help us monitor the real estate market:

  1. Homes for sale
  2. Homes under contract
  3. Homes sold in last 30 days

In addition we will discuss the type of market, and if values appear to be appreciating, holding, or possibly depreciating.  As home home owner/seller or even buyer these are all important to know.

 

Looking for a home in Laveen Az?

Click here for the most current list of homes for sale in Laveen Az.

 

The look at home values for Laveen 2021 start here/below.

I will post updates as weeks go by, so the latest update will appear on the top.

October 18th, 2021

Current stats and numbers that reflect the state of the Laveen Real Estate Market:

69 properties active and for sale

129 properties under contract

60 sales in the last 30 days

1.15 Current months inventory

$207 was average $/sq ft for sold homes

$439,000 was average sale price

24 was average days on market

Comments – We continue to see low inventory (1.15 months), and we also continue to see strong demand.  With strong demand, and low inventory, the smart money is that the home values will continue to appreciate for atleast the short term.

September 27th, 2021

76 properties currently for sale

110 properties under contract

70 properties sold in last 30 days

1.08 months current inventory

$212 was average dollar a square foot

$427,000 was average sale price

23 was average days on market

Comments – We have seen an increase of inventory, but it has been minimal.  Homes continue to sell pretty quickly, with 23 days being the average across the zip code.  The market continues to be competitive for buyers, and favor sellers.

September 13th, 2021

67 active properties for sale

113 properties under contract

66 sales in last 30 days

1.01 months current inventory

$210 was average $/sq ft for sold homes

$424,000 was average sale price

21 was average time to sell

Comments – Ever feel like your description for something is STUCK in a repetitive cycle?  For some time now, we have been in a seller market, and the current stats continue to show a SELLER market.  Values continue to appreciate at this time.  Demand continues to be high and steady, and with low inventory, we may continue to live in a seller market for the near future.

September 7th, 2021

We continue to see a low level of inventory, but noticing small changes……….see below:

61 properties for sale

111 properties under contract

70 sales in the last 30 days

.87 is current months of inventory

$207 is average $/sq foot for sold homes

$428,000 was the average sale price

22 was average days on market

Comments – Seller market continues, which is a great time to sell.

August 30th 2021

So it appears that I have gone a couple of weeks without having done any updates, sorry.  Find below the updates as of today:

65 properties active and for sale

109 properties currently under contract

78 properties sold in last 30 days

.83 is the current market inventory

$201 was average dollar a square foot

$424,000 was the average sale price

23 was average time needed to sell

Comments – The seller market is continuing at this point, but we are seeing some slight changes.  While the seller market continues, it seems the SEVERITY of the seller market has come down a bit.  For most homes, that could mean only receiving 20 offers instead of 40 over the course of a weekend.

Good time to sell – hell yes.

July 26th, 2021

Below are the most recent stats to show trends in the Laveen area real estate market:

46 properties currently for sale

100 properties under contract

74 sales in last 30 days

.62 moths current inventory

$198 was average $/sq ft for sold homes

$417,000 was average price

23 was average time to sell

Comments – The seller market does continue at this time, and we are finding that that trend may continue.  We are seeing also, that the severity of the seller market is coming down.  This could be good news for buyers, as we may be in a balanced market in the next few months.  For now, great time to sell and to buy.

July 19th, 2021

Here are the most recent stats for the Laveen Az area:

45 active homes for sale

104 properties under contract

70 properties sold in last 30 days

.64 months inventory

$196 was average $/sq ft

$414,000 was average sale price

25 was average time needed to sell

Comments – Still a seller market, great time to sell.

July 12th, 2021

39 Active properties

108 properties under contract

61 properties sold in last 30 days

$192 was average $/sq ft

$409,000 was average sale price

22 was average days to contract

Comments – The seller markets continues at this time.  Great time to sell.

July 6, 2021

30 homes currently for sale

102 homes under contract

54 sales in the last 30 days

$190 was average $/sq ft

$410,000 was the average sale price

24 was average time to sell

Comments – Continues to be a seller market.  Yet…, some market indexes  show a slowing of the strength in the seller market.  Should that trend continue, at the current rate, Laveen could see a balanced market soon.  Will it come to light?  We can only give a general forecast, but with market changes, the forecast can change.  Over the last several weeks, the seller market index has dropped.

June 21 2021

Somehow time has gotten away from me, and I missed a couple of weeks.  As you see below the Laveen Az real estate market has not really changed much in that time.  Currently, here are the latest real estate numbers to help see the trend:

41 properties for sale

90 properties under contract

58 sales in last 30 days

.70 months inventory

$184 was average

$418,722

20 was average time

Comments – Seller market continues.  Actually, a lot of Laveen (ALL) is seeing homes sell very quick, and most over asking price.  Great time to sell indeed.

May 31st 2021

There really has not been much change to the Laveen real estate market in the recent past, in essence it is the same ol’same ol situation.  Below are the current numbers:

28 homes currently for sale

66 properties under contract

73 properties sold in the last 30 days

.38 months current inventory

$189 was average $/sq ft for homes sold

$408,000 was the average sale price

23 was average time needed to sell

Comments – We continue with a REAL low inventory of homes, WOW only 28 available today!!  The low inventory, and continued demand for homes has of course, helped continue to fuel the values of homes.  We continue to see home appreciation, and this is likely to continue for now.  Looking to sell your Laveen HOME?  Call me, David Baker your Local Laveen Realtor for your free home value consultation.

May 17th, 2021

Somehow I’ve managed to miss a couple of weeks updating the Laveen real estate section.  Sorry for delay, here is your quick glimpse at the current Laveen real estate situation.

17 homes for sale – (DAMM that is SOOO low – we had been on average 100-120 at this time in past years!!!)

85 properties under contract

65 sales in last 30 days

.26 months inventory (low)

20 days was average to get home sold

$187 was average $/sq ft

$407,000 was average sale price

Comments – So what is the key take away from the above statistical information for the Laveen real estate market?  We continue with super low inventory of homes, crazy low number of active homes for sale, home values continue to rise, and we don’t really see a change on the horizon at this point.

April 26, 2021

Excuse the short break, I am now back to provide you with Laveen home values update for April 26th.

22 Properties for sale

81 properties under contract

79 sales in the last 30 days

.27 months inventory

$177 was average $/sq foot for sold homes

$411,000 was average sale price

26 was average days needed to sell home

Comments – Not much to say beyond what has been said for the last 2 years or so.  The market continues with extremely low inventory, and home values continue to appreciate.  So far, no signs showing a change of any kind to the market.  Interest rates continue low, so buyers who can are trying to take advantage.  Great time to sell, with low inventory most sellers see multiple offers, and are able to negotiate the best net in time like these.

March 16, 2021

Wow, only 21 properties for sale at this time

92 properties under contract

77 sales in last 30 days

.272 months inventory

$177 was average $/sq ft for sold homes

$369,000 was average sale price

45 was average time to sell

Comments – No change from last post, no apparent change on the horizon, this seller market seems prepared to stay for the foreseeable future.  Values continue to rise, and low inventory continues to be a HUGE obstacle to buyers at this time.

March 1, 2021

Folks, if you are a regular follower of my posts, sorry, it got away from me.  Here is the most recent activity in the Laveen area:

22 homes active and for sale

101 homes currently under contract

59 sales in the last 30 days

.372 months current inventory

$172 was average $/sq ft for sold homes

$376,000 was average sale price

39 was average time to sell

Comments – Well first off, lets look at active homes for sale.  We are at a CRAZY low number of active homes.  Since 2013, we have usually had over 120 homes active for sale, now we are not even at 25% of that!!!  Super low inventory!!  While days on market shows 39, the actual time to sell most homes at or below average sale price tends to be much quicker.

Looking to sell?  It is a great time.  The low inventory will mean your home may likely have a lot of showings, and several offers!  The key will be pricing, marketing well, and then, having a good negotiator to get the best deal.

January 25th, 2021

27 properties currently for sale

85 properties under contract

44 properties sold in last 30 days

.61 months inventory

$161 was average sale price $/sq ft

$345,000 was the average sale price

38 was average time to sell

Comments – Inventory is so low, that buyers are really have a hard time finding properties.  This is an ideal time to sell, because of the low inventory, and of course home values being the highest they’ve been in the last 10 plus years.

January 14th 2021

Wow, I mean REALLY WOW – Only 27 active homes in Laveen for sale!!!

27  active homes for sale

79 properties under contract

65 sales in last 30 days

.41 months inventory

$153 average $/sq ft for sold homes

$334,000 was average sale price

37 days was average time to sell

Comment – I say again, WOW, only 27 active homes.  This is great for sellers, they have SO little competition, that they will be able to negotiate a great deal.  On the other hand, buyers, you don’t have choices.  There are very few options, and even new homes have waiting lists.  But, keep with it, these interest rates are AWESOME, and should you want to buy, you need to take advantage of the rates now.

December 7th 2020

Below find the most recent Laveen Az real estate information, which helps us determine trends in the real estate market:

41 active homes for sale

109 properties under contract

76 sales in the last 30 days

.53 months inventory

$160 was average $/sq ft for sold homes

$321,000 was average sale price

22 was average time to sell

Comments – In is incredible looking back over the last year, that not even 1 time, have we had over 100 homes active for sale.  In years past we hovered between 75 to at least 120 homes active and for sale.  Inventory is WAY down, and demand is still high.  Due to this current market condition, I don’t foresee a change in the Laveen real estate market.  I suspect home buyers will continue to buy, and sellers will continue to get top dollar into 2021.

November 30th, 2020

Below is the information that helps us makes sense of our current real estate market:

44 active homes for sale

121 homes under contract

69 sales in the last 30 days

.63 months current inventory

$156.10 was average $/sq ft for sold homes

$325,000 was the average sale price

26 was average time needed to sell

Comments – We continue with a seller market, and super low inventory of homes.  During the holiday season, we tend to see a slow down in homes to market, as well as sales.  Till this point, I have not yet seen it.  Great time to sell

November 16th 2020

52 active properties for sale

123 properties under contract

67 properties under contract

.776 months inventory

$152.11 was average $/sq ft for sold homes

$321,000 was average sale price

29 was average time needed to sell

Comments – The seller market continues!  Notice that the average sale and the average $/sq foot price went down since last week, so we will need to keep an eye out for it.  Yet, no real change it continues to be excellent time to both buy and sell!

November 9th 2020

Home values are still trending up, about 11% from this time last year!!  Good time to buy & sell too!!

52 properties currently available and for sale

132 properties under contract

62 properties sold in last 30 days

.83 months inventory

$153 was average $/sq ft

$334,515 was average sale price

28 was time needed to sell

Comments –  If selling, know that homes are selling quick, if they are priced right!  You may even get multiple offers, which a good realtor can use to NET you more Money.  Buyers, inventory is low, but so are interest rates.  You may pay more for the home, but monthly payments could be less than years prior.

November 2nd, 2020

46 properties for sale

124 properties under contract

64 sales in the last 30 days

$153 was average $/sq ft

$324,000 was average sale price

31 was average days needed to sell

Comments – Super low inventory continues, and homes coming to market that are priced right are selling fast.  Historic low interest rates, are keeping home buyers buying, and with low inventory many buyers are offering over asking.  Remind anyone of the mid 2000’s?  No change in sight for now

October 19th, 2020

70 properties currently for sale in Laveen Az

103 properties under contract

66 sales in last 30 days

$148 was average $/sq ft for sold homes

$313,000 was average sale price

32 was average time to sell

Comments – In honesty, I can’t believe we are still seeing home values going up.  In a way, it makes sense since we have SUCH low inventory of homes and super low interest rates.  Affordability could definitely become a factor for many buyers once interest rates go up.  All key real estate indicators at this time show that there is really no change in the market.  It continues to be a great time to sell (sellers market) as well as good time to buy due to the low interest rates.

October 6th, 2020

Below are the most recent real estate numbers for the Laveen area:

54 properties currently for sale

108 properties under contract

78 sales in Laveen in last 30 days

$145.71 was average $/sq ft

$302,000 was average sale price

27 was average time needed to sell

Comments – I just can’t believe how long we have been in a seller market and over all with a healthy real estate market.  While un-employment still causes me some concern, as does GDP, as well as the pandemic, the real estate market has pretty  much remain untouched.  Home values have continued to rise……..but will it continue.  Affordability could also become a factor, which till now has not due to crazy low interest rates.

For now, it continues to be a good time to buy and to sell.  No indicators on the horizon of a change coming, but keep an eye on un-employment and GDP, it will eventually trickle into the housing market and maybe we see a slowing or stalling of increasing values.

September 28th 2020

51 properties currently for sale

127 properties under contract

78 sales in last 30 days

.65 months is current inventory of homes for sale in Laveen

$315,000 was the average sale price

30 was average time needed to sell

Comments – Properties are selling REAL fast at this time.  This in 100% due to low level of inventory of homes, and buyers having to compete for homes, which is leading to highest and best offers.  This makes for a great time to sell.

September 7th, 2020

51 properties for sale

114 properties under contract

63 properties sold in last 30 days

.80 months current inventory

$149.34 was average $/sq ft

$310,000 was average sale price

36 was average time to sell

Comments – No change.  Seller market, values continue to rise slowly, and inventory remaining very low.

August 31st, 2020

Below are the most recent numbers for Laveen Az:

48 active properties for sale

111 properties under contract

66 sales in the last 30 days

.72 months current inventory

$316,000 was average sale price

36 was time needed to sell

Com6ments – Seller market continues with no indicators at this time of any change coming.  Interest rates remain low, but there are some warning that that may soon end.  Keep up with rates to see if they begin to go up, as this will affect home buyers.

August 24th, 2020

52 properties active and for sale

110 properties under contract

62 sales in last 30 days

.83 months current inventory

$143.87 was average $/sq ft for sold homes

$307,000 was average sale price

25 was average time to sell

Comments – No real change, seller market continues.  The one real notice able item, is the number of active homes for sale.  You may think, maybe sellers are ready to sell, thinking this is the top of the market before a crash………….but you’d be wrong!  The up tick in number of active listings, is due 100% to 3 new subdivisions in the Laveen area that added 19 listings to the MLS.  We still have a pretty significant shortage of homes.

That being said, if you are considering selling……….this is a great time.  With values up, and such a low number of homes for sale, you are likely to have a fair amount of interest in your home.

August 10th, 2020

37 properties for sale

103 properties under contract

65 sales in last 30 days

.56 months current inventory

$142.00 was average $/sq ft for sold homes

$322,000 was average sale price

30 was average time to sell

Comments – As you can see from earlier entries, going back over a year, the market favors sellers.  This has been the trend for the last couple years, and it can make it harder for a home buyer to get into a home.  With low inventory, we are seeing homes sell super fast, often with full price offers.  Great time to sell!

August 3rd, 2020

32 properties for sale

94 properties under contract

68 properties sold in last 30 days

.47 months current inventory

$143 was average $/sq ft

$318,000 was average sale price

34 was average time to sell

Comments – See below comments………there is no change.  Seller market continues, with super low inventory!!  Great time to sell, but also good time to buy due to EXTREME low interest rates.

July 27th 2020

30 properties for sale

99 properties under contract

60 properties sold in last 30 days

.5 months current inventory

$144.46 was average $/sq ft for sold homes

$320,000 was average sale price

36 was average days on market for sold homes

Comments – The seller market continues at this time.  Great time to sell!!

July 13th, 2020

32 properties for sale

96 properties under contract

64 properties sold in last 30 days

0.5 months inventory

$147.85 was average $/sq ft

$327,000 was average sale price

35 was average time to sell

Comments – I’m running out of comments!!! How many times in the last 2 years, can I continue to describe a seller market.  I wonder, can it LAST?  We are in an economic downturn, un-employment is over 10%, COVID is raging across the state and country – will values hold?  Good questions – and I truly don’t know.  For now, I am seeing no change – and this is after 3 months since the virus hit the country.

July 6th, 2020

29 properties for sale

92 properties under contract

57 properties sold in last 30 days

.50 months current inventory

$146.70 was average $/sq ft

$316,000 was average sale price

31 was average time to sell

Comments – As you can see from previous entries into my Laveen real estate blog, you will notice there really is NOT any significant change in the real estate market.  Home values are steady, homes are selling fast, and INVENTORY remains low.  Ideal situation for a seller.

June 29th, 2020

Wow, can you BELIEVE just how low our inventory has gotten!!!  Check out our latest stats below:

19 active properties for sale

101 properties under contract

62 sales in last 30 days

.30 is current inventory level

$145.20 was average $/sq ft

$309,000 was average sale price

32 was average time to sell

Comments – Wow – just wow, look at how low the level is for active homes!!  There is really not much inventory at ALL, and this is making very difficult for new buyers, first time buyers to get into a home.  +++If this is you (buyer having trouble buying, call me – I know another option) ++++

Sellers, with values up and inventory low, if you are thinking of selling, this is a great time.

June 22, 2020

Find below the most recent stats and numbers for the Laveen Arizona real estate market:

21 active homes for sale

109 properties under contract

56 properties sold in last 30 days

.375 monhts inventory

$144.55 was average $/sq ft

$305,000 was average sale price

34 was average time  to sell

Comments – As you can see from previous posts, as well as the numbers above, the real estate market in Laveen is still a Seller Market.  We continue with REAL low inventory of homes, which is making it harder for buyers.  Sellers however, well they are currently enjoying quick sale times, often time multiple offers on their home.

June 8th, 2020

Current real estate numbers for the Laveen Az area:

25 active properties for sale

99 properties under contract

63 sales in last 30 days

.39 months inventory

$140.91 was average $/sq ft for sold homes

$312,000 was average sale price

36 was average time to  sell

Comments -Regardless of what is going on in the world, the nation, or our local economy…………Laveen Arizona real estate is in a seller market.  Homes are selling fast, and they are holding steady on prices.  One big difference from a year ago, is the FEW homes active for sell, only about 1/3 of what was readily available in June 2019!!  Buyers are having to compete for homes.

June 1st, 2020

Find below the most recent information for our Laveen real estate market:

33 active homes for sale

92 properties under contract

62 properties sold in last 30 days

.53 months inventory

$141.56 was the average $/sq ft

$307,823 was the average sale price

38 was the average time to sell

Comments – We currently have a seller market, which has been the case for over 2 years at this point.  We continue with a super low inventory of homes for sale in the area.  Homes priced right, are selling in at most about 38 days.

Great time to sell.  The numbers at this time do not indicate any change in the market.

May 18th, 2020

What is crazy, with so much going on in the world, our nation and of course our economy……..real estate remains unchanged!!

42 properties for sale

88 properties under contract

61 sales in last 30 days

.68 months inventory

$140.68 was average $/sq ft for sold homes

$303,625 was average home sale price

37 was average time to sell

Comments – While we see some fluctuation in days to sell, average dollar a square foot, and even average homes sale prices, we really remain unchanged.  The real estate market continues to favor sellers, as we continue to have a very low level of inventory.  Values are holding steady, and really, IDEAL time to sell.

May 11th, 2020

The most recent statistics for our local Laveen Real Estate market:

45 properties active and for sale

87 properties under contract

69 sales in last 30 days

.65 months inventory

$143.45 was average $/sq ft for sold homes

$315,137 was average home sale price

47 was average days to sell

Comments – No real change at this time to our local Laveen real estate market.  We continue with LOW inventory, which of course  continues to benefit sellers.  Values are holding steady as well, so TO DATE numbers are not showing any affect to Laveen real estate.  Though…. we do have less homes for sale, and we are also seeing less sales than this time last year.

May 4th 2020

Below are the most recent real estate numbers, to better help us determine the current state of the Laveen real estate market:

41 properties currently for sale

95 properties under contract

54 properties sold in lasgt 30 days

.75 is current inventory level of homes

$144.96 was average $/sq ft for sold homes

$315,000 was average sale price

54 was time needed to sell

Comments – Inventory levels continue to be low, especially at this reporting as we only have 41 properties actively for sale. (WOW thats low).  We are still seeing also sales happening, but compared to last year the number of transactions at this point is DOWN!  It continues to be both a good time to buy (good interest rate), and also to sell (good home values).

April 27th, 2020

Not sure how a week was missed, but regardless, find below the most recent stats for Laveen Real Estate:

48 properties currently for sale

100 properties under contract

58 sales in last 30 days

.82 months inventory

$144.26 was average $/sq ft

$326,045 was average sale price

47 was average time to sell

Comments – By just looking at the numbers, you can really see what the current status is for real estate in the Laveen area.  Simply put, homes are selling, low inventory continues and values are still holding to slowly appreciating.

April 13, 2020

63 properties for sale

107 properties under contract

49 sales last 30 days

1.28 months inventory

$141.92 Was average $/sq ft for sold homes

$315,814 was average sale price

29 was average time to sell

Comments – Not much to say.  We are couple weeks into COVID and the quarantine, but that has not seemed to affect our Laveen real estate market at all.  Home still are selling, inventory continues low.

April 6th, 2020

66 properties for sale in Laveen

106 properties under contract

49 properties sold in last 30 days

1.34 months inventory

$141.18 was average price/sq ft for sold homes

$314,835 was average sale price

24 was average time to sell

Comments – So far no change in our Local real estate industry.  We continue to see low level of inventory, and a continued seller market.  So far the COVID has not affected our real estate market.

March 30, 2020

So far COVID 19 or the the Corona Virus has not had a visible affect on our real estate market.  See below the most recent real estate numbers to see what is happening in our Laveen market:

61 properties for sale

102 properties under contract

50 sales in last 30 days

1.22 months inventory

$139.64 was average $/sq ft for sold homes

$300,842 was the average sale price (there was a couple over $500,000 so up this week)

24 was average time to sell

Comments – No real change so far this year in our real estate market.  There are many changes though on the National and World level, and I foresee this is likely to have an affect sooner or later.  We will have to continually monitor the situation.  At this time, great time to buy and sell as well because of prices and interest rates.

March 23,2020

50 properties for sale

106 properties under contract

49 sales in last 30 days

1.02 months inventory

$286,000 was average sale price

$132.71 was average $/sq ft

26 was average time need to sell

Comments – As you can see COVID 19, has not really impacted real estate in Laveen as of yet.  We are seeing a slow down in closing time frames, namely turn times for appraisals.  Homes are still selling and If you are considering selling the stats still support it being a great time to do so.

March 16th, 2020

41 properties for sale

103 properties under contract

53 properties sold in last 30 days

.77 months inventory

$135.44 was average $/sq ft for sold homes

$287,954 was average sale price

29 was average time to sell

Comments – While inventory went up a smidgen, we are still very much in a seller market.  29 days is what homes are taking to sell, unless of course they are not priced right.  Great time to sell a home in Laveen Az at this time.

March 9th, 2020

39 homes for sale – Low inventory

90 homes under contract

64 sales in last 30 days

.59 months inventory

$135.83 was average $/sq ft

$291,163 was average sale price

37 average time to sell

Comments – NO change – we continue with low level of inventory, and slowly appreciating market.  At this point, seems about 7% appreciation from this time last year.

March 2, 2020

Below are the most current numbers for Laveen Az

34 properties for sale

86 properties under contract

69 sales in the last 30 days

.49 months inventory

$139.47 was average $/sq ft

$292,020 was average sale price

43 was average time to sell

Comments – At this time, we also have a:

3.5 % unemployment – which is low

3.7% interest rate – Also historic lows

1.8% GDP ratio – which is below the 2-4% we strive for

What does it all MEAN?  Well, at this time I don’t really foresee any immediate change.  The low un-employment and low interest is GREAT and is helpful for both buyers and sellers.  As you can see from Laveen’s real estate numbers, the housing market continues to favor sellers with a super low inventory – which can lead to multiple offer situations!

We need to watch the GDP ratio.  When low it can lead to business’s tightening up their spending.  This of course can lead to employment loss, so let us see where that number goes.  Keep in mind, it has been a good economy since before 2013 – and the economy goes through phases.  Is a new phase around the corner?  Many do think the answer is yes.

February 24th, 2020

Below are the most recent numbers, which show us the current status of our Laveen Arizona real estate market:

33 properties for sale

90 properties under contract

72 properties sold in last 30 days

$140.47 was the average $/sq ft

$298,930 was the average sale price

47 was the average days on market

Comments – Well, the real estate market is HOT.  Yes, homes are selling pretty fast, and values are still slowly appreciating.  Interest rates appear to continue low, and this makes it a continued great time to buy………..as well as sell.

February 18th, 2020

Wow, the low inventory trend appears to not want to let up!  Below are the recent/current real estate numbers for Laveen Arizona:

29 properties currently for sale

91 properties under contract

60 sales in last 30 days

.48 months current inventory

$140.60 was average $/sq ft for sold homes

$298,082 was average sale price

48 was average time needed to sell

Comments – The level of inventory continues at what I would describe is “incredible lows”.  We are currently 80% less active listings than we where at this time last year.  This means buyers continue with fewer choices or options, and must potentially compete with other buyers to procure a home.  This is especially the case under the average sale price for the Laveen area.

February 10th, 2020

Below are the recent numbers for our Laveen real estate market:

35 properties for sale

94 properties under contract at this time

49 properties sold in last 30 days

.71 months current housing inventory in Laveen

$136.66 was average $/sq ft for sold homes

$296,878 was average home sale price

46 was average time to sell

Comments – Holy, wow!!  Not sure people realize, just how low our inventory is at this time.  Buyers are having a hard time, especially at the lower price ranges, due to competition for the few available homes.  This is however, allowing sellers to NET THE HIGHEST price possible while selling.  NOTE – This does not necessarily mean you can sell for more, but those homes that are selling are selling for market value and negotiating the best NET.  Not sure how to net the most?  Then talk to me, lets discuss and I’ll show you how we can market and sell your home for the highest net to you!

February 3, 2020,

Can I just say DAMMMM!  See comments below for more:

34 properties active and for sale in Laveen

100 properties under contract

47 sales in the last 30 days

.72 month inventory

$136.41 was average $/sq ft for sold homes

$308,700 was the average sale price

44 was average time to sell

Comments – Can I just re-say – DAMM!!!  So first, we continue to have a seller market.  Yet, DAMM – only 34 properties active and for sale, are you KIDDING ME!!!  I can tell you, it has likely been at the very least over 10 years since we have seen so FEW homes for sale in Laveen.  It may be closer to 20 years ago, when there still was no Fry’s, car washes, sandwhich shops and cows wandered around the dairy at 51st and baseline Rd.  Also, at that time, there as not many houses in the area.  This is an insanely low number of homes for sale.

I must say, if you need to sell, this is a great time.  Low inventory, but also crazy low.  Buyers have few choices at this time, and that is great for you MR and MRS seller.  I recommend – DO NOT sell via a investor, or Ibuyer – you’d be giving away equity.  Yet – choice is yours, I would just assume your nuts and like giving away money.

January 27th, 2020

Laveen current real estate market:

42 properties for sale

94 properties currently under contract

41 properties sold in last 30 days

1.02 months current inventory

$136.09 was average $ sq ft

$312,522 was average sale price

46 was average time to sell

Comments- The seller market continues, with a ongoing low level of inventory.  Home values are slowly appreciating at this time.

January 21st 2020

Below are the current numbers which help us with the Laveen real estate trends:

42 properties for sale in Laveen

90 properties under contract

38 properties sold in last 30 days

1.10 current months inventory

$135.51 was average $/sq ft

$292,705 was average sale price

43 was average days on market

Comments – At this time, we continue seeing a seller market.  We continue with a low level of inventory, which makes it a great time for a seller to place their home on the market.  For buyers, interest rates remain around 4%, which is also a great time to buy.

January 13th, 2020

Currently we have the following Laveen Az real estate numbers:

53 properties for sale

71 properties under contract

52 properties sold in last 30 days

1.01 months inventory

$138.38 was average $/sq ft

$291,987 was average sale price

48 was average time needed to sell

Comments – Well the first two weeks of the year, are a carbon copy of the last several months.  Low level of inventory, a seller market, and homes that sell relatively quick.  Especially if priced RIGHT.

January 6th, 2020

Welcome to the new year, and a new decade!!  Below are the most recent numbers that allow us to understand the current real estate market in Laveen Arizona, and the trends:

57 properties currently for sale

66 properties under contract

50 properties sold in the last 30 days

1.14 months current inventory

$134.91 was average $/sq ft

$286,037 was the average sale price

48 was average days needed to sell

Comments – Well, we start the new year pretty much as we ended the 2019 year… in a seller market.  Inventory continues to remain low, which continues to favor sellers.  Home values are currently at the highest they have been in a decade.  Both of these conditions make it a good time to sell, high values and low inventory.

Currently our statistics don’t show any change in the real estate market.  The seller market appears poised to continue, though one thing to notice, home value appreciation has slowed.  We had been in double digits till this last year.


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