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Monsoon Season 2013 Puts Green In Green Valley AZ

An active monsoon season has definitely put the GREEN back in GREEN Valley, and many sellers are also putting some green into their pockets with a market that is showing promising signs of improving.   Sales in the greater Green Valley, AZ market area are up YTD by 12.2% through August as compared to the same time period last year.  For the month of August sales were actually down by nearly 21.3% with 59 solds as compared to 75 in August 2012.   Year to date (YTD) there have been a total of 830 sales as compared to 740 during the same time period in 2012. 

There are currently 682 active listings on the market as compared to 667 last year at this time. 

The YTD average sales price is showing an improvement over 2012 of 5.61%--$162,831 as compared to $154,178.   However, much of this can be attributed to the marked increase in sales in the higher priced homes: $300,000 to $500,000+.  There have been 59 sales in this price range as compared to 45 in 2012.

A great indicator that a market is improving can be seen in the "absorption rate" which tracks the number of months of inventory that are listed in a market at any given time.  YTD through August in 2012 there were 11.93 months of inventory on hand versus 10.03 months of inventory in 2013.   

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.  More than thirty-give of my listings are currently under contract or have sold this year--I'd love to make yours the next one.  This past week one of my listings went under contract in 3 days after sitting on the market for more than 277 days while listed by another agent.  My extremely successful marketing plan WORKS...let me prove it to you. 

Green Valley AZ August 2013 Real Estate Statistics