RECENT LAVEEN MEADOWS HOMES SOLD

Looking at recent Laveen meadows homes sold is a great way to keep on top of values in the area.   Laveen Meadows is located directly south of Baseline from about 64th Ave to 75th Ave. The size of homes varies from mid 1200’s to 3571 square feet in size. Most homes in Laveen Meadows where built from 2005 till 2007. This is another pretty large community within Laveen, and much like the other subdivisions had several phases during the build process.

Every month I will look at and review recent Laveen Meadows homes sold and pass along information to interested parties in the area.

Month ending April 2017

11 properties for sale

6 properties under contract

3 sales in April

3.6 months inventory

$197,000 was low sale

$239,000 was high sale

$213,667 was average

18 was average days on market

Commentary –  This month at least, we are showing the subdivision of Laveen Meadows to have a buyers market.  That is right, there are actually several homes for sale, and a healthy inventory of homes.  For buyers, take note, with that many properties on market you may be able to negotiate a better deal.  On the other hand, sellers, take note that Laveen is experiencing a seller market.  If you do price home correctly, it will VERY likely sell.

Month ending March 2017

6 properties for sale

3 properties under contract

15 properties sold in March 2017

$164,900 was the low sale

$202,070 was the average sale price

$245,000 was the high sale

48 was average days on market

Commentary – Wow, what a great month for home sales in Laveen meadows for the month ending March.  A big number of sales at 15 successful sales.  It is definitely a good time to sell if you are considering.  Keep in mind values have gone up steadily since 2013, so 4 years of appreciation at this point.  Also, with low inventory it is a seller market and you have a better chance to dictate a better net price.

Month ending February 2017

5 properties currently for sale

14 properties under contract

3 properties sold in February

$205,500 was low sale

$255,000 was high sale

$230,167 was average

73 was average time to sell

Commentary – It is a seller market, much like the rest of Laveen Az.  We can see that March is likely also to be a good month with 14 properties currently under contract, so buyers are out there, and they are buying.

Home values

Home values

Month ending January 2017

7 properties currently for sale

8 properties currently under contract

6 properties sold in January 2017

$192,000 was the low sale price

$225,000 was the high sale price

$206,208 was the average

68 was the average time to sell

Commentary – Homes are still selling pretty quick, and inventory still favors sellers.  Price home well, and you should be able to sell home relatively quick.

Month ending December 2016

5 properties for sale

9 properties under contract

3 properties sold in December 2016

32 was average days on market

$163,900 was the low sale

$227,000 was the high sale

Commentary – Again, not much change, it continues to be a seller market with 1.66 months of inventory.  Values as one can see over my posts, have increased as they  have for Laveen as a whole this last year.

Month ending November 2016

7 properties currently for sale

9 properties under contract

7 properties sold in November

$178,800 was the low sale

$190,000 was the high sale

37 was the average time on market

Another subdivision experiencing a seller market, and this has been the trend for Laveen in 2016.  Values have increased, just review previous posts and we are likely to see a stable market into 2017.

 

Month ending October 2016

8 properties currently for sale

6 properties under contract

5 properties sold in October

$180,000 was the low sale

$255,000 was the high sale

20 was average days on market for homes sold

1.6 months inventory

It continues to be a seller market, and values are holding steady.  Great time to sell, not much more else to say.

 

Month ending September 2016

9 homes for sale

11 homes for sale

6 homes sold in September 2016

$172,000 was the low sale

$235,511 was the high sale

51 was average time to sell

1.5 is current market inventory

Seller market, just like the rest of Laveen.

 

Month ending August 2016

12 homes for sale

10 homes under contract

11 homes sold in August

44 was average days on market

$201,976 was average sale price

$145,000 was low sale price

$245,491 was the high sale

1.09 is the current level of inventory

Things continue over all pretty steady.  It is a seller market, and there is low inventory, and good turn over times.  This means, good time to sell.

Month ending July 2016

8 homes currently for sale

14 homes currently under contract

8 homes sold in July 2016

$191,757 was average sale price

$170,000 was the low sale

$229,000 was the high sale

78 was average days on market

Days on market was up from last month for homes sold.  Average sale price, still pretty consistent, and leads to the best description of the market in Laveen Meadows, stable.

 

Month ending June 2016

10 properties currently for sale

14 properties under contract

11 homes sold June 2016

$153,450 was the low sale

$268,000 was the high sale

$192,717 was average sale price

33 was average days on market for homes sold

 

Month ending May 2016

14 properties currently on the market for sale

15 properties currently under contract

11 homes sold in May 2016

$147,000 was the low sale

$265,000 was the high sale

$192,366 was the average sale price

80 was average days on market

Not much change, it is a seller market.  Homes are indeed selling and doing so at just under the average price in Laveen.  This is a great area for either move up or even first time buyers to consider based on the prices alone.

 

Month ending April 2016

8 properties for sale

17 properties under contract

10 properties sold in April 2016

$150,000 was the low sale

$232,000 was the high sale

$188,240 was the average sale price

33 was average days on market for homes sold

This is good information, and if your considering selling you’d do well to look it over well.  It is a seller market still, and homes are turning over pretty quickly.

 

Month ending March 2016

9 properties currently for sale

21 under contract

4 sold in month of March

$169,900 was the low sale

$189,287 was the high sale

46 was average days on market for homes sold

40 is average for active homes

In a nutshell, this community is in a seller market.  Homes are going under contract pretty fast at this point.  Homes sold on average within a 45 day period of time, start to finish.  Active homes are getting close to that point, likely though, little over priced as they have yet to have an accepted offer.  I keep saying, Laveen tends to sell homes that are priced right, and those not priced right will sit on the market longer.

Month ending February 2016

11 properties for sale

10 properties currently under contract

No sales in February

$146,000 low list price

$285,000 high list price

53 is average days on market for current active homes

43 was active days on market for homes under contract

With no sales, sorry can’t give you much information on value, but for the area as a whole the values are stable and constant at this time.  Notice, much like i’ve been saying in other posts and for some time, the difference between the average days on market for active vs. those under contract. Why have some homes gone under contract and others have not?  Any ideas?  Chances are pretty good that the homes under contract are priced better.   While I don’t show this above, the average list price per square foot is almost $10 a square foot more than those homes under contract.  Over priced maybe?

Month ending January 2016

9 homes currently for sale

7 properties currently under contract

3 properties sold in January 2016

$153,000 was the low sale price

$175,000 was the high sale price

A transitional market within this subdivision, which is to say it does not really benefit buyer nor seller and more than the other.  Homes are indeed selling, and there are a fair number of homes currently under contract.

Month ending December 2015

10 homes currently for sale

8 homes currently under contract

8 homes sold in December

$155,000 was the low sale

$230,000 was the high sale

$193,488 was the average sale price

44 was average days on market

Again, like most posts I’ve written about subdivisions this month, homes are selling in Laveen Meadows as well.  Laveen saw a huge number of closings for this time of the year, and I do mean un usual huge.  It was almost 2x the normal closings at this time of year.  Why did it happen?  Not sure, maybe the fear of increasing interest rates, but the jury is out.

Homes are selling, and it is a good time to sell.  Values have gone up in the area, and if looking to move into a larger home, the low interest rates make this a great time to do so.  Call with any questions for 2016 real estate needs.

 

Month ending November 2015

8 properties currently for sale

10 properties currently under contract

3 homes sold last month November 2015

$182,600 was average sale price

28 was average days on market

Not much to add.  Homes are selling, and we have several homes under contract for the subdivision.  Homes priced right are selling, and those not are staying on market.  Currently 156 days on market for active home, vs. average of 28 for those that sold, overpriced?  When selling, check the market, check your homes value and then create a marketing strategy to address them both.

Month ending October 2015

8 properties currently for sale in Laveen Meadows

10 homes under contract

8 homes sold October 2015

99 average days on market for active homes

45 average days for home sold

$179,31 was average sale price for homes sold in October

Laveen Farms is seeing a fair number of monthly home sales, and frankly is one of the few subdivision which this months still shows the tide favoring the seller.  Yes, with the low number of homes for sale, and the number of sales we have seen, it is a seller market.  Not so for the rest or at the least most of the rest of Laveen Az.  Course, it also depends on where in Laveen you look, and price ranges as well.

One thing to note is the average days on market.  Notice the 2x the average for homes on market vs. those that sold.  Any idea why?  Reason is very likely that home is over priced, or not priced correctly based on location and condition.  Working with a knowledgeable real estate agent, that knows the area, will benefit you in getting the right value for the home.  I also would say, it takes good marketing strategy.  Call me to discuss a solid and aggressive marketing strategy to sell your home.  David 602.373.6345

Month ending September 2015

9 homes currently for sale

15 homes under contract

6 homes sold month of September in Laveen Meadows

$169,150 was the low sale

$249,900 was the high sale price

$200,909 was the average for month

32 was the average days on market

All homes but one sold for under their original and last list price.  The worst sold for 9% under list price, that is a LOT of money to give up.  It really does pay to know what is going on in the real estate market, the trends, your subdivision trends and of course a knowledge of value of your specific home.  Need help, call me at 602.373.6345 today!

Month ending August 2015

10 homes currently for sale

11 homes currently under contract

11 homes sold in August 2015

$160,000 was low sale price

$215,000 was the high sale price

97% is the average list to sale price – this means most homes sold for 3% less than list

58 was average time to sell homes

This continues to be a good seller market.  If you are considering selling, a seller market is the best time to do so.  There are generally plenty of buyers and because of a low inventory of homes in the subdivision, buyers are competing for homes that are available.  This gives you a little leverage to negotiate the best deal.  Ask me how if you need to sell?  David 602.373.6345

 

Month ending July, 2015

I have 2 closing happening in the next week which are in this Laveen Meadows subdivision.  Neat thing, is I’m saving seller some money, because I also work with buyer, and brought a buyer to the table as well.  Want to sell your home, and walk away with more money – call me David at 602.373.6345 for a free consultation and marketing strategy.  I will also share how I saved this clients money on the sale of their home, yes, you qualify for that same saving.

Lets look at the numbers:

10 homes currently for sale

14 homes currently under contract

11 homes sold in July in Laveen Meadows

$140,000 was the lowest sale price – This one was mine, but we also got 4% more than asking price on the sale.  It was one of the smaller homes in the subdivision.

$236,500 was the highest sale price for July

43 was the average days on market for homes sold in July

$100.14 is the average $/sq foot for homes sold

Homes that sold for the month of July appear to have been priced pretty well, as the sale to list ratio shows most homes sold got their asking price.  The Laveen Meadows has less than 1 month inventory of homes, which is a hoping seller market.  Generally when market is like this, if your priced right, you may have multiple offers on your home.  If your not priced right, your not getting showings and all the buyers that would be buying your home are likely out looking at the other homes in subdivision that are priced correctly.  Sorry, but it is true.

Month ending May 2015

For a look at overall activity in the laveen area you can view the main link of recent laveen homes sold.  You will notice that overall the activity, sales, values has been nothing short of consistent.

6 homes for sale in Laveen Meadows

22 homes currently under contract

4 homes sold in month of May 2015

$93.60 was the average dollar a square foot

$161,200 was the average sale price

Seller market in Laveen Meadows, and for that matter all of Laveen.  It is a good time to consider selling, as buyers are out there.  Also, because inventory is low, the time to sale is down a bit, and if price right you may get multiple offers and try and negotiate yourself the biggest NET to you.  Keep in mind, that is NOT always the highest offer.

Month ending April 2015

Find below recent sales activity and information to help see the trend in the market for Laveen Meadows in Laveen Az.

10 homes currently for sale

13 homes currently under contract

4 homes sold in April 2015

$79.49 was the average $/sq.ft for home sold

$173225 was the average sale price

Homes are selling in the Laveen Az area, and with low inventory it is a good time to sell if you are considering.  Let me know if I can help, I’d love to earn your business.  David 602.373.6345

Month Ending March 2015

Find below recent activity and update for Laveen Meadows sales and current trend.  What are numbers showing?  Really, that it is a good time to sell.

12 Homes currently for sale

11 homes currently under contract

2 homes sold last month March 2015

$82.92 was average $/sq.ft

$166,000 average sales price

52 days on market was average for homes sold

Month ending February 2015

Well, Laveen is seeing a small shift toward a seller market.  Inventory levels have dropped to under 3 months at this time.  While this tends to favor sellers, we are not yet seeing multiple offer situations, or increased sales prices.  Home sale prices are actually staying pretty stable, and over listed homes appears to be sitting on market ……………not selling.

11 homes for sale in Laveen Meadows

8 homes currently under contract

3 homes sold in Laveen Meadows last month

$170,000 was average sale price

$81.85 was average dollar a square foot sold for homes sold last month

150 days was average time homes were on the market

Month Ending January 2015

Well, maybe it is getting more exciting here at the start of the new year.  Lets actually be real, January has been pretty much like the last year, with no real change to speak of in real estate in Laveen Az.  Sure, dollar per square foot will go up a bit, but then back down, and frankly it has pretty much been staying withing a tight range.  So, I call this market a stable market with no real increase or  decrease in home values.  Yet, the exciting part is over the last couple of days the phone has started ringing and maybe it appears that buyers may be starting to realize the time to buy is now.  Why you might ask?  Well, interest rates are still low, and home values are affordable, and one of those two is likely to change sooner than later.  Yes with interest rates possibly going up in the next year, the time to buy is now.

To the numbers

11 homes currently for sale in Laveen Meadows

8 Homes currently under contract

2 homes sold in January 2015

$185,000 Low sales price in Laveen Meadows for Janaury

$195,000 high sales price in Laveen Meadows for January

74 was the average days on market

If you are thinking of selling, request a free valuation or listing appointment.  Basing on the above numbers will really not give you an accurate representation of likely sale price on your home.  Thanks,

Month ending December 2014

Laveen Meadows in Laveen Az is one of my favorite subdivision to report on, as there is generally good activity.  Much like other Laveen Az subdivisions and Laveen Az as a whole, Laveen Meadows was consistent in finishing out the year.

12 Homes currently for sale

5 Homes currently under contract

7 Homes sold in December 2014

$152,801 average home sale price

$143,000 lowest home sale price

$171,000 highest home sale price

75 average days on market for homes sold

 

Month Ending November 2014 Stats

Laveen Meadows is another popular area that see’s several transaction on a yearly and monthly basis.  Homes do tend to sell with a little better list to sale price ratio, though several homes sold did have price reductions.   Are you considering selling?  Call David your local Laveen Realtor who also LIVES in the area 602.373.6345 and based on transaction 2014 YTD is in the top 3% of Laveen Realtors.

12 homes currently for sale

10 homes currently under contract

7 homes sold in November

$183,186 was average sale price

73 was the average days on market for sold homes

98% was the average list to sale price ratio.  Though low was 92% –**that is 8% less than asking price**

5 number of homes sold in November that also had price Decreases – **this is why it pays to have a local agent*** 602.373.6345

November 2014

Find below information for month ending October 2014 for Laveen Meadows.

15 homes currently for sale

11 homes currently under contract

7 Homes sold in month of October

$155,429 Average sale price for homes sold in Laveen Meadows

55 Days on market, average for homes sold

October 2014

19 Homes currently for sale

7 Homes currently under contract

9 Homes recently sold for the month of September 2014

$165,824 Average sale price for homes sold

$169,828 Average list price for recent homes sold

As indicated in the average list to sale price, we are seeing homes sell for less than list price.  This is of course to be expected during a buyer market, which is what Laveen Az is currently experiencing.  The inventory for Laveen has grown, and with a larger inventory home buyers have more choices.  More to the point buyers also have more leverage to get the bigger, better house at the best possible price.  Key is to make sure to market the home properly, to have a plan of action to get the home sold.  Find a link here to view my marketing plan.

September 2014

Inventory for the subdivision appears to be growing, and with slower sales values may begin to decline.  For the Laveen zip code, the inventory has grown to over 4 months, and sales have slowed down.

Currently 18 homes are on the market

9 Homes currently under contract

2 homes sold in August 2014

$159,500 average sales price

$161,200 average list price for sold homes August 2014

Notice sellers that homes are selling for a little under list price for the past month.  This is a good thing to keep in mind for home owners considering selling, as making sure the home is priced right from the start may help net you more money at the closing table.

August 2014

Recent Laveen Meadows homes sold information to be listed below.  Currently Laveen Meadows has 13 homes for sale ranging in price from a low of $139,500 to a high of $229,000.

7 Homes currently under contract

8 Recent homes sold in Laveen Meadows in month of July 2014

$156,988 average sales price for month of July 2014

92 Average days on market for homes sold in July 2014

July 2014

Below find recent Laveen Meadows homes sold statistics.  Currently Laveen Meadows has 17 homes for sale and they range in price from $139,500 to $237,000.  See below for recent homes sale information:

5 Recent homes sold in Laveen Meadows for June 2014

$153,560 Average sales price for recent homes sold

87 Average days on market for recent sales

8 homes currently under contract in Laveen Meadows.

June, 2014

Find below recent Laveen Meadows homes sold information.  Currently Laveen meadows has 11 homes on the market ranging in price from $123,100 to $205,000.  Information on recent Laveen meadows homes sold for month of May 2014 follows:

5  Laveen Meadows homes sold

$163,240 Average sales price of  Laveen Meadows homes sold

18 Average days on market for  Laveen Meadows homes sold

May 1, 2014

Find below recent Laveen Meadows homes sold information.  Currently Laveen meadows has 11 homes on the market ranging in price from $123,100 to $205,000.  Information on recent Laveen meadows homes sold for month of April 2014 follows:

6 Homes sold

$184,417 average sales price

49 Average days on market