Green Valley AZ April 2014 Real Estate Statistics

Green Valley AZ April 2014 Real Estate Statistics

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Real Estate sales in April 2014 continue to trail behind 2013 with 105 sales as compared to 131 in April 2013, an almost 20% drop.  Year to date (YTD) there have been 359 sales as compared to 455 for the same time period last year, a 21% decrease.

The slow sales are definitely having an impact on the "absorption rate" which has to do with demand.  It is the rate at which the market absorbs the inventory of homes that are for sale--in other words how fast are homebuyers buying the homes that are available.  In April the absorption rate was 12.19 and 11.8 for YTD. According to the National Association of Realtors, a Seller's market occurs when there are less than 6 months of inventory on the market and a Buyer's market when there are more than 6 months of inventory on on the market.  In other words the greater Green Valley AZ real estate market is very much a Buyer's market. 

If you are thinking about selling your Green Valley AZ home give me a call, I'd love to hang an Another SOLD By Judi in front of YOUR house.  With more than forty-five of my listings selling in 2013--and 25 are already under contract or sold in 2014, including 2 that were on the market less than a week--I'd love to make yours the next one.  My extremely successful marketing plan WORKS...let me prove it to you. 

Green Valley AZ April 2014 Real Estate Statistics

  1. by Sharon Wolf
    5/14/2014
    Judy, after spending 3 months in Green Valley this year, we are considering purchasing a home there. We presently live in Arvada, Colorado, and it would be a seasonal home in AZ. We would like to be west of I-19, south of Continental Road, 2 BDRM, 2 bath and office, mountain views, open floor plan with lots of light and glass, 1500+ sq ft, updated, breakfast bar, well landscaped, east/west-facing, and in the $250,000-295,000 range. Is there anything available at the present time that could meet that long wish list? Thanks, Judi

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Judi Monday
RE/MAX Valley Properties In Green Valley, AZ
210 West Continental Road
Green Valley AZ 85622
Direct: (520) 241-7780
Fax: (520) 648-2221