RECENT RIVER WALK VILLAGES HOMES SOLD

Here I will share recent river walk villages homes sold, which in turn should help home buyers and sellers in the area have an idea about pricing.  This subdivision of River Walk Villages was one of the first communities built in the 2000’s. There was a couple of different phases, and one that is actually a newer phase being built today. Most homes in River Walk Villages were built 2001 to 2007. The square footage for homes in the subdivision varies from 1138 to 3024 square feet. Located close to the Rio Salado the subdivision goes from 51st Ave to about 57th Ave, and from Southern North. This community makes for easy commutes for those needed to access I-10 for their daily commutes.

I will review and share recent river walk villages homes sold below on a monthly basis.

Month ending August 2017

8 properties for sale

6 under contract

11 sales in August

$184,500 was low sale

$280,000 was high sale

$231,190 was average

49 was average time to sell

Comments – Continues to be a seller market, which is good for home owners considering selling.  Values are steady, and have seen appreciation for the last year.

 

Month ending July 2017

8 properties for sale

11 properties under contract

11 properties sold in July

$198,000 was the low sale

$247,567 was the average sale

$295,000 was the high sale

52 was average days on market

Commentary – Well, it is a good time to sell.  It is a seller market, and values have been good for sellers.  Also, making this great to sell too, is that interest rates continue at historic lows so it makes homes more affordable to buyers.  This would include for your home, but also for your next home too!

Month ending June 2017

13 properties for sale

11 homes under contract

4 properties sold in June

$159,000 was low sale

$193,000 was the high sale

26 was average days on market

Commentary – One can really see how pricing a home right, can make a huge difference in getting a home sold.  Average days on market for sold homes is 26 days, yet average days on market for active homes is 68, more than 2x as much.  Great time to sell, it is a seller market and a lot of buyers are out looking for homes, even is this heat.

Month ending April 2017

13 properties currently for sale

4 properties under contract

8 properties sold in April

1.625 months inventory

$185,762 was average sale price

$175,000 was the low sale

$201,100 was the high sale

37 was average days on market

Commentary – River Walk continues to be a popular subdivision with pretty quick turn times and low inventory level of homes.  This all, is good for the home owners looking to sell.  Add to the fact, homes have appreciated for the last 3 plus years, may be a great time to sell.  Especially, because interest rates remain low, and you could buy a bigger better house a great payments!

Month ending March 2017

8 properties currently for sale

8 properties under contract

7 properties sold in March

$170,000 was the low sale

$191,743 was average sale

$229,000 was the high sale

67 was average days on market

Commentary  –  Popular subdivision as always, and currently still going through a seller market.  Numbers above show that the trend appears to be continuing, so this IS A GOOD TIME TO SELL.  See, with the low inventory, a homeowner has better opportunities to negotiate a better offer at this time.

Month ending February 2017

4 properties active and for sale

13 properties under contract

4 properties sold in February 2017

$157,000 was low sale

$210,000 was the high sale

$175,000 was average

65 was average days on market

Commentary – It is and continues to be a seller market, and thus a good time to sell for homeowners.  Values have gone up, as one can see based on averages you can see over the months on this post.

Home values

Home values

Month ending January 2017

1o properties for sale

8 properties currently under contract

5 properties sold in January

$165,000 was the low sale

$217,500 was the high sale

$188,100 is the average sale

37 was average days on market

Commentary – Homes are selling, and they are on average selling pretty fast.  We are in a seller market, and this is a great time to consider selling.  Even more so, as home values have increased over the last 3 years.

Month ending December 2016

10 properties currently for sale

8 properties under contract

10 properties sold in December

$167,000 was the low sale

$225,000 was the high sale

62 was the average days on market

Commentary – It is a good time to sell.  Home that are priced right are selling within 60 days.  Values for River Walk communities have gone up over the last year as well.  With low interest rates, and a market in Laveen that benefits sellers, it is a great time to sell.

Month ending November 2016

10 properties currently for sale

10 properties under contract

6 properties sold in November

$165,000 was the lower sale

$257,777 was the high sale

70 was average time to sell

It is a seller market, just like the rest of Laveen Az.  It is a great time to sell, as the inventory of homes is on the low side.  Values as well have gone up, as you can see by reviewing previous updates.

Month ending October 2016

11 properties for sale at this time

9 properties under contract

1 home sold last month

45 was time to sell home

Interesting, 2 months now where the inventory is suggestive a a buyer market.  So while Laveen Az is over all a seller market, it appears that River Walk communities may be more of a buyer market.  As a buyer, this is good, more choices.  As a seller,  well you know are competing with other sellers to procure the buyers.  Values though, the are holding steady.

 

Month ending September 2016

12 homes for sale

4 homes under contract

3 homes sold in September

$176,000 was low sale

$225,000 was high sale

57 was average days on market

4 months in current inventory, which can be a little deceiving as it indicates a possible buyer market in River Walk Communities.  Yet, even if all homes currently under contract were to close, we would have about a 3 month inventory which is right at the cut off between buyer and seller market.  Of most communities in Laveen, River Walk communities has the largest inventory at this point.

 

Month ending August 2016

6 homes for sale

6 homes under contract

7 homes sold in August

40 was average days to sell

$217,639 was average sale price

$172,500 was low sell price

$275,ooo was high sell price

.85 is current months inventory

Great time to sell, with low inventory at this time.

Month ending July 2016

5 homes on market for sale

7 homes under contract

3 homes sold in July 2016

$180,000 was low sale

$213,500 was high sale

$197,800 was the average

42 was average days on market

Much like rest of Laveen, River Walk communites are experiencing a seller market.

 

Month ending June 2016

3 homes on market

7 homes under contract

4 homes sold in June

$171,000 was the low sale

$240,000 was the high sale

$211,500 was average sale

64 was average time on market for homes sold

 

Month ending May 2016

7 homes on the market

5 homes under contract

9 homes sold in May 2016

$144,000 was the low sale price

$230,000 was the high sale price

$182,943 was the average sale price

166 was average days on market – this is a little/lot skewed because a home that sold was on market a LONG time

River Walk, is still a very popular and affordable subdivision.  As such, it is in a sellers market for sure.

Month ending April 2016

5 homes for sale

11 currently under contract

2 sold in April 2016

$142,00 was the low sale

$245,000 was the high sale

41 was average time on market

Homes are moving in the subdivision, though at this time we do have a little bit of inventory.  Over all though, Laveen is seeing a seller market, and the river walk communities are enjoying it as well.  Homes under $200,000 are selling pretty quick, those over, not quite as fast.  Some may sit on market for a while if not priced right, and their main competition is the new home builder.

 

Month ending March 2016

6 properties for sale

8 properties under contract

5 properties sold in March

$165,000 was the low sale price

$255,482 was the high sale

$210,161 was the average sale price

55 was average days on market for homes sold

102 is average active days on market

Notice the difference in days from the sold to active, notice anything?  Homes that do not get priced well, do not sell.  They stay on market longer, until after price reductions it hits market value, then it may sell, but it took longer and will sell for LESS.  Home sold in March sold for on average 3% less below list price.

Food for thought

Month ending February 2016

11 properties currently for sale

7 properties currently under contract

2 properties sold in month of February 2016

$244,999 was the low sale (newer built home)

$275,138 was the high sale (also newer built home)

32 was average days on market for homes sold

119 days on market for current active homes

Notice big difference between the active and sold average days on market.  I continually point out how pricing the home right is extremely important.  Here in the Laveen Az area, homes are not selling for over market value.  What that means is that homes are not selling for more than they are worth.  The strategy sometimes to sell a home is to over price in hopes of being able to have some haggle room.  Currently, that is a flawed strategy, and one that the above numbers prove to me, are not working.

Month ending January 2016

6 properties for sale

7 under contract

4 sold in January

$170,000 was the low sale

$224,000 was the high sale price

$186,750 was the average sale price

25 was average time to sell for homes that did sell

Properties appear to be selling in River Walk communities, which also includes river estates.  The big take away from many of my write ups and reviewing the Laveen market as a whole, is that homes are indeed selling.  Yet, in order to be one of the homes that sells, the home does need to be priced well.  Homes on average, are selling for about 2% give or take, below original list price, for those that sell.  Those that do not sell, will do price reductions, and then still sell under the last listed price.

Month ending December 2015

10 active properties for sale

4 properties under contract

7 homes sold in River Walk communities for the month of December 2015

$127,000 was the low sale

$260,612 was the high sale.  Not sure where/why/ or how they negotiated the $12 additional to sale price

$179,659 was the average sale price

72 was the average days on market

Seller market based on the number of closings.  This high number of closings was seen through out Laveen Az, and is a HUGE rarity to have such high closing during the winter months and holidays.  This is more normal during the higher sales periods such as summer.  Hope this helps, call with questions.

Month ending November 2015

13 active properties for sale

9 homes under contract

3 homes sold last month November

100 was average days on market

$244,667 was the average sale price

Things are still moving and selling in Laveen Az, and also in River Walk.  We do have a pretty sizable inventory of available homes, which is something reflective of what is going on through out Laveen.  It is slowly moving toward a buyer market, with increased inventory and slowing sales.  If interest rates go up, and purchase power goes down, we may see that grow a little more.  Time will tell what happens, but for now, we are seeing seasonal slow down.

Month ending October 2015

16 properties currently on the market for sale

7 homes under contract

1 home sold in October

$203,075 average list price for active homes

132 average days on market for homes for sale

$179,000 was the sale price for home sold in October

10 days on market for home sold

One thing that we can say about the River Walk community at this time is that it is a buyer market.  Last month we saw 6 sales, yet this month only 1 and the number of active listings also went down.  We did see an increase of properties that did go under contract, and that is likely seen in the reduction of actual active homes (yup, because they are now under contract).  Chances are good that those home may have had price reductions, because they were sitting on the market without selling.   While average days on market is real low for those that sold recently, those under contract average about 54 days, likely did a price drop.

Homes are selling.  The key is a good marketing strategy and plan to sell home.  With 11 years experience, let me help you get the most for your home too!  David 602.373.6345

Month ending September 2015

9 homes currently for sale

2 under contract

6 sold in September

$136,149 was the low sale

$225,000 was the high sale

65 was the average days on market for homes sold

 

Month ending August 2015

What is going on in Laveen real estate and specifically real estate in River Walk?  Well, Laveen is still a seller market and so is Riverwalk.

13 homes currently for sale

7 homes under contract

6 homes sold in August 2015

$257,025 was the highest sale price

$127,456 was the lowest sale price

79 was the average days on market to sell homes

94% was the list to sale price for lowest home – Make sure PRICE IT RIGHT!!!  Lack of doing so may cost you money.

 

 

Month ending July 2015

Lets dive right in and look at the numbers for the month of July:

16 homes currently for sale in RiverWalk

8 homes under contract

2 homes sold in July

$167,000 was the lowest sale price in Riverwalk for July

$200,000 was the highest sale price for July in Riverwalk

Homes that did sell, sold real fast in 3 days on average.  Homes that are selling, on average, are also selling for 3% under their asking price.  Again, it is always a good idea to work with local Laveen realtor who really knows and understands the area, so they can price the home right.  3% is a pretty big number to be allowing to slip out of your pocket, that about $3000 to about $6000 lost!!  Keep the money in your pocket and make sure to price right, market aggressively, and you’ll get the best deal.

So the stats, River walk is actually one of the only subdivisions right now that is a buyer market.  Yes that is right, while most of Laveen is seeing a seller market, RiverWalk has many homes on the market and only a few that have closed.  This is giving us at this time over a 3 months inventory of homes, which is a buyer market, and which truly benefits the buyer.  Buyer could likely go in and get less than ask (as already shown in above numbers) and they have more choices of which home to make offers on.  So, as a seller, knowing this and pricing right may just help you get the most on your home sale.

Call me David one of your Local Laveen Realtors with over 10 years experience at 602.373.6345 to set up a free consultation and strategy session to selling your home.

Month ending June 2015

Just listed a new home this past week in RiverWalk and these are some nice homes.  Being located where it is, this is a great location for a potential home buyer.  River walk still is seeing good activity in homes sales.

7 homes currently on the market

8 homes currently under contract

8 homes sold in month of June 2015

102.46 was the average $/sq ft

$165,250 was the average sale price

56 was the average days on market for homes

This subdivision is actually only subdivision that shows homes on average selling for over ask price.  But is the accurate?  Truth is the home was listed for way under market value, and sold for over the list price.  It was a home listed for under $$100,000 and sold for $120,000 and this is throwing the numbers off again.  So, if selling, list for market value, if not chances are it will sit.

Month Ending May 2015

Have you seen some of the new homes being sold in Laveen Estates, which is part of river walk?  Actually some real nice homes.  If your in the market for a new home, call me and lets go by for a look.  They do have some nice homes for consideration.

River Walk Villages activity

3 homes currently for sale

14 homes currently under contract

5 homes recently sold for May 2015

$98.09 was average dollar sq. ft

$156,182 was the average sale price.

Call with specific questions, I encourage you to.

Month Ending April 2015

First, consider reading my review of the entire Laveen market in conjunction to this subdivision.  Wow, based on last months numbers, River Walk only has 1 month inventory.

8 homes for sale in River Walk Laveen Az

12 homes currently under contract

8 Homes sold in April 2015

$94.76 $/sq ft average for homes sold

$173,750 was average sale price for homes sold

Folks, if you could see it all, like I indicated above with the Laveen market, you’d see homes ARE indeed selling.  While we are seeing good movement of homes, we are not really seeing a huge increase in values.  Matter a fact things in Laveen are pretty stable.  You might see my previous month below, and while there is a difference in average dollar per square foot, it also was a lesser sales price compared to last month.  These numbers can give you a pretty good idea of what is going on, but you also really need to pay attention to several aspect, and frankly it is too much to spell out.  What is being seen now is stable market, in a seller market, with homes selling but not much going over asking price.  The moral – price your home right.  With most homes selling with a loan, they are doing appraisals, and they are being strict on value.

Month Ending March 2015

Based on just river walk, the subdivision is in what we call a transitional market.  This is really at about 3 months inventory, does not really favor buyer or seller.  Yet, the rest of Laveen is in a seller market, and as such I’m sure River walk will also benefit from the lack of inventory through out Laveen.

9 Homes currently for sale in River Walk

15 Homes currently under contract

3 Homes sold in March 2015

$85.67 average $/sq.ft for homes sold

$181,800 was the average sale price

95 was average days on market for homes sold

Update month ending February 2015

For these updates I take all river walk communities into consideration, that is just the disclosure.  Laveen is seeing a decrease in inventory due to less home owners placing home to market.  Will this continue?  I would guess they may see decrease inventory and may try to jump on a seller market to see if they can sell.  Yet, homes do not appear to be going up in price, prices are holding stable.

11 homes for sale

10 homes under contract

4 homes sold for February 2015

$145,625 average sales price homes sold for month ending February

$80.89 was average dollar a square foot

less than 3 months inventory in subdivision, and also Laveen, this does tend to favor sellers.

January 2015

Remember years ago RiverWalk was one of the first new home subdivisions that begun to build and sell.  Offers great location, views and easy commutes.  This is still a very nice subdivision and nice floor plan.

Much like the rest of Laveen, values are holding steady for the month and year ending.

10 homes for sale

9 homes currently under contract

1 home sold in January

5 days on market for home sold (marketing time b4 going under contract)

$151,000 sold price for home in RiverWalk

 

Stats for the month ending December 2014

Lets jump right in and wish you all a happy 2015.  Lets also jump in and look at recent activity in River Walk Villages.

12 Homes currently for sale

5 Homes currently under contract

1 home sold in December 2014

$150,000 was sold price for month

151 days on market is average for current River Walk Villages homes for sale

Lot of homes on market, good inventory, which is good for buyers.  As a seller, I recommend you really learn the market and know the value of your home, because a buyer will, and they will not pay over market value.

Stats for month ending November 2014

Much like the rest of Laveen, River Walk Villages is in a buyer market still.  This though is one of the few subdivisions that is seeing some growth with the home builder putting up some spec homes for sale.

6 homes currently for sale

3 homes currently under contract

2 homes sold in the month of November

$145,000 was the low sale

$182,000 was the high sale

44 days was the average time to sale a home

Being a Realtor that lives and works in the area, I always keep track of new homes to market, average sale prices, and trends.  One of these homes that sold had a pretty good size price reduction, and then still sold for less money.  When homes sit on the market longer, they tend to sell for less as well.  Please consult a local agent to make sure you don’t leave money on the table.  You wouldn’t consult a foot surgeon for your heart surgery would you?  Why work with a Scottsdale Realtor when your selling in Laveen?  Call me your Laveen Realtor at 602.373.6345

November 2014

6 homes currently for sale in River Walk

3 homes currently under contract

1 home sold in October 2014

$122,000 sale price

11 days on market for home sold

October 2014

7 Active homes

1 Home under contract

2 Homes sold in the month of September 2014

$133,750 Average sold price for homes sold

$137,000 Average list price for homes sold

Folks, we are in a buyer market in Laveen Az, and for the matter River Walk Villages.  As a whole, we are seeing just above 4 months inventory, which is giving buyers several options or choices.  The number of new listings has slowed as has number of sales compared to last years numbers, yet our inventory has grown, indicating a growing buyer market.  As a seller this may mean possible drop in prices, should this trend continue.  To maximize your return, you’ll need to market aggressively.

September 2014

Sales in Laveen as a whole appear to be slowing down a bit, and same goes for this subdivision.  Sales for the month reflect an average of selling 1% under list price, which means on average some homes are selling under list price.  If selling make sure to do your home work, study the market and price home according to what the market is dictating, and right now it is dictating to price at market or maybe slightly less.  Time will tell, but with the inventory growing, values appear to be going down a bit.

4 homes currently for sale

4 homes currently under contract

3 homes sold in August 2014

$215,708 average sales price

$219,660 average list price

If selling contact your local realtor to best help market and price right.  You can request a free evaluation right here

August 2014

Lets look at recent river walk villages home sold information for month ending July 2014.  Currently we have 5 homes for sale in River Walk Villages.  Prices range from $135,000 to a high of $229,000.

5 Homes currently under contract

4 Homes sold in River Walk Villages July 2014

$167,550 Average sales price for month of July 2014

36 Average days on market for recent sales.

July 2014

Find below recent River Walk Villages home sold statistics.  Currently River Walk Villages has 4 homes for sale and they range in price from $135,000 to $274,990.

5 Recent River Walk Villages homes sold in June 2014.

$146,000 average sale price for recent Sales

112 Average days on market for recent sales

6 Homes currently under contract

June, 2014

Below you can find recent river walk villages homes sold information.  Currently there are 6 homes available for sale in the subdivision ranging in price range $120,000 to $229,000.  Below find information on statistics for recent river walk villages homes sold in May 2014.

No recent River Walk Villages homes sold for May

May 1, 2014

Below you can find recent river walk villages homes sold information.  Currently there are 6 homes available for sale in the subdivision ranging in price range $120,000 to $229,000.  Below find information on statistics for recent river walk villages homes sold in April 2014.

4 Homes sold

$165,750 Average sales price for recent river walk villages homes sold

101 average days on market.