Recent Cheatham Farms Homes Sold is a page dedicated to help folks specifically interested in the Cheatham farms community. Information given here will help both buyers and sellers with values in the area by looking at recent Cheatham farms homes sold. Most homes in the Cheatham farms community were built between 2003 and 2005. Square footage for homes in the subdivision varies from the low 1300 square foot range to as much as 3600 square feet.
Recent Cheatham farms homes sold statistics can be viewed below and will be updated on a monthly basis. This can give you an idea if the time is right for selling your Cheatham farm home. If you would like a FREE home valuation, just click here to request.
Month ending July 2023
0 homes currently active and for sale
4 properties under contract
2 sales in the month of July
$430,000 was low sale
$665,000 was high sale
19 was average time needed to sell.
Month ending April 2023
1 property for sale
3 properties under contract
3 properties sold in April 2023
$350,000 was low sale
$420,000 was average sale
$520,000 was high sale
53 was average time needed to sell
Comments – Like the rest of Laveen, Cheatham Farms continues with a relatively low inventory of homes. Due to low homes for sale, and continued demand, we have seen values go back up a bit.
Month ending March 2023
2 properties currently for sale
4 properties under contract
5 properties sold in March 2023
$373,000 was low sale
$431,000 was average sale
$579,000 was high sale
86 was average time to sell
Comments – We continue to experience a low level of inventory in the Laveen area. Properties in Cheatham farms are still selling, and we appear to have good turnover, which still favors sellers. Time to sell has gone up, so if looking to sell plan accordingly.
Month ending January 2023
8 properties currently for sale
1 property under contract
2 properties sold in January 2023
$335,000 was low sale
$383,000 was high sale
69 was time needed to sell
Comments – Based on the above numbers, we have a balanced market in Cheatham farms. Overall, looking like a good solid real estate market. Surprisingly there are several options for buyers at this time in the subdivision. Good time for both buyers and sellers.
Month ending December 2022
6 properties currently for sale
2 properties under contract
2 sales in the month of December
$400,000 was low sale
$490,000 was high sale
86 days was need to sell
Comments – Homes are still selling in the Laveen Az area. With interest rates going down, we are starting to see more buyers coming back into the market. If you have been considering selling, it is still a good time.
Month ending November 2022
7 properties currently active for sale
3 properties under contract
1 property sold in November
$530,000 was the sale price
66 days needed to sell home
Comments – The subdivision has several months of inventory at this time, and this will lead to more days on market for most homes. With more choices, buyers can be picky, and choose the house that offers the most at the best price. Sellers, be ready to allow for some closing fees paid by the seller (you).
Month ending October 2022
11 properties currently for sale in Cheatham Farms
2 properties under contract
2 sales in October 2022
$393,000 was low sale
$550,000 was high sale
9 was average days to sell
Comments – Laveen is going through a transitional market much like the rest of Phoenix, and it really does not favor either the buyer or seller. Still a good time to buy or sell.
Month ending August 2022
8 properties for sale in Cheatham Farms
4 properties currently under contract
2 sales in the month of August 2022
$465,000 was low sale
$520,000 was the high sale
25 was the average time to sell
Comments – With four months inventory, Cheatham Farms is NO longer in a market favoring the seller, but more in a balanced market. Good news for buyers, as they have more choices, and may likely get a home for less than asking or maybe with some concessions.
Month ending July 2022
6 properties currently for sale in Cheatham Farms
2 properties under contract
2 sales in the Month of July 2022
$458,000 was the low sale
$475,000 was the high sale
23 was the average time to sell
Comments – With 3 months inventory, Cheatham farms is beginning to experience a BALANCED Market. No longer will buyers pay over asking price, take properties “as is” and waive appraisals! That time is done, and sellers will now have to consider less offers, because the days of multiple offers are likely gone as well.
Month ending May 2022
3 properties currently for sale
5 properties under contract
5 sales in the month of May 2022
$440,000 was the low sale
$466,000 was average sale
$530,000 was the high sale
14 was average time to sell
Comments – Low inventory continues, which still makes this a seller market in Cheatham Farms. Yet, the market is shifting and we will see inventory grow.
Month ending April 2022
1 property currently for sale
4 properties under contract
5 properties sold in April 2022
$425,000 was the low sale
$500,000 was average sale
$582.000 was the high sale
11 was average time to sell
Comments – Like most of the Laveen area, the time to consider selling your Cheatham Farm home is GREAT. We continue with low inventory, high demand, and this is a great thing when selling.
Month ending February 2022
0 Homes for sale in Cheatham Farms
5 properties under contract
6 properties sold in February 2022
$400,000 was low sale
$460,000 was average sale
$560,000 was high sale
19 was average time to sell
Comments – With no homes for sale, well, one can say there is low inventory, right? This is ideal selling time, with little to no competition.
Month ending January 2022
3 properties for sale
8 properties under contract
3 properties sold in January 2022
$380,000 was low sale
$413,000 was average sale
$466,000 was high sale
20 was average time to sell
Comments – Low inventory, high demand makes this an ideal time to sell.
Month ending December 2021
2 homes for sale in Cheatham Farms Laveen Az
2 homes under contract
11 sales in December 2021
$340,000 was the low sale
$439,000 was average sale
$649,000 was the high sale
35 was average time to sell
Comments – Month of December saw a large number of successful sales. We continue to experience low inventory levels and high demand, which makes this great time to sell.
Month ending November 2021
2 properties currently for sale in Cheatham Farms
10 properties under contract
6 sales in the month of November
$370,000 was the low sale
$444,000 was average sale
$550,000 was high sale
11 was average time to sell
Comments – The subdivision of Cheatham farms continues in a seller market, and an appreciating one as well. Values continue to go up.
Month ending October 2021
6 properties for sale
8 properties under contract
9 sales in October 2021
$310,000 was low sale
$434,000 was average sale
$525,000 was high sale
21 was average time to sell
Comments – Homes are selling quick, and values continue to go up. This is a great time to sell, and buy as we continue to see low interest rates.
Month ending September 2021
7 properties currently for sale in Cheatham farms
8 properties currently for sale
9 properties sold in September 2021
$370,000 was low sale
$483,000 was average sale
$700,000 was the high sale
25 was the average time needed to sell
Comments – Another month where we see more sales than active homes, which means demand is exceeding our inventory! YES, the seller market continues, and as such expect appreciation to continue for now.
Month ending August 2021
8 properties for sale at this time
8 properties under contract
8 properties sold in August 2021
$340,000 was low sale
$379,000 was average sale
$429,000 was high sale
16 was average time needed to sale
Comments – Cheatham farms currently has a 1 month inventory, and this of course favors SELLERS. We continue to see low inventory, values are still appreciating, and that is likely to keep on for the rest of 2021.
Month ending July 2021
4 properties for sale in Cheatham Farms
10 properties under contract
8 sold homes in month of July 2021
$300,000 was low sale
$392,000 was average sale price
$498,000 was the high sale
23 was average days to sell
Comments – Home values have continued to go up, and homes that are sold are selling quick. On average, many homes getting multiple offers, and solid above asking price offers. Buyers are still buying, but for some reason, inventory remains low and sellers have been holding onto their homes. If you need to sell…………the shortage of inventory is HUGELY in your favor to help negotiate the best deal.
Month ending June 2021
2 properties currently for sale
5 properties under contract
11 properties sold in June 2021
$301,000 was low sale
$411,000 was average sale
$535,000 was high sale
25 was average days needed to sell
Comments – The seller market continues, and the inventory/number of homes remains low. For sellers, this is ideal, as you can sell you home with little competition, if any, from other homes for sale.
Month ending May 2021
5 properties currently for sale
4 properties currently under contract
5 sales in May 2021
$286,000 was low sale
$344,000 was average sale
$411,000 was high sale
18 was average time to sell
Comments – Like most of the Laveen Arizona real estate market, Cheatham Farms is in a sellers market. Low inventory, high demand, quick turnover which all leads to buyers competing for the few homes, and offering over asking. Yes, many over asking prices are being seen at this time. Great time to sell.
Month ending February 2021
0 properties available for sale
8 properties under contract
5 sales in February
$330,000 was low sale
$361,000 was average sale
$408,000 was high sale
19 was average time to sell
Comments – Low inventory continues, as a matter a fact at this time there are NO homes currently active and for sale. As a home owner that needs to sell, how would you like to be the ONLY choice!!!!??? Great time to sell.
Month ending January 2021
4 properties for sale
5 properties under contract
5 sales in January 2021
$270,000 was low sale
$333,000 was average
$368,000 was high sale
21 was average time to sell
Comments – Under 1 month of current inventory in the Cheatham farms community, means that the seller market is alive and well. This is a great time to sell, with buyers having low number of choices of homes to buy, a seller can negotiate a better NET. Work with your realtor to help you price it to sell with multiple offers, and to help negotiate your best deal!
Month ending December 2020
0 active properties for sale
5 properties under contract
8 properties sold in December 2020
$245,000 was low sale
$328,000 was average sale price
$485,000 was high sale price
35 was average time to sell
Comments – Wow, NO homes for sale at this time, actively. As a home owner that is considering selling, wouldn’t you think it a great time to sell with NO (0) homes to compete against for buyers? This is a great time to sell your Cheatham home!
Month ending November 2020
1 property for sale
10 properties under contract
6 properties sold in November
$245,000 was low sale
$317,000 was average sale
$389,000 was high sale
17 was average days to sell
Comments – Seller market continues. We have a super low inventory in Cheatham Farms, and those that are placed on the market are selling quick.
Month ending October 2020
1 property currently for sale
11 properties under contract
4 sales in the month of October
$255,000 was low sale
$276,000 was average sale
$304,000 was high sale
35 was average time to sell
Comments – Look at the number of homes under contract, 11, which likely most will close in November. Only 1 home currently for sale, and chances are it will go under contract soon. As a home owner, if you are considering selling, you could not ask for a better time.
Month ending September 2020
1 property for sale
8 properties under contract
9 sales in September 2020
$265,000 was low sale
$291,000 was average
$321,000 was high sale
25 was average days on market
Comments – Low inventory +low interest rates + values 10 year high = great time to sell!!! Will values continue to rise? That is the question right. I foresee they will slow down and possibly stagnate here in the near future. Increases of 11%, like over the last year is NOT sustainable.
Month ending August 2020
1 home for sale
10 properties under contract
6 properties sold in August 2020
$267,000 was low sale price
$309,000 was average sale
$387,000 was high sale
41 was average time to sell
Comments – With only .16 months of inventory, we have a super LOW inventory of homes. Buyers are having to compete with multiple offers, and Seller are able to negotiate their best NET!!! Great time to sell.
Month ending July 2020
3 homes for sale
9 homes under contract
11 homes sold in July 2020
$228,000 was low sale
$313,000 was average sale
$425,000 was high sale
9 was average time to sell
Comments – Super low inventory, a seller market is the IDEAL situation for someone considering selling. Currently Cheatham has low inventory, quick turn over rates, high values, which all points to a great time to sell!!!
Month ending June 2020
1 home actively for sale
12 properties under contract
8 properties sold in June
$244,000 was low sale
$316,000 was average sale
$439,000 was high sale
23 was average time to sell
Comments – Low level of active inventory, and quick sale times. The ideal time to sell!
Month ending May 2020
2 properties for sale
8 properties under contract
5 properties sold in May 2020
$307,000 was low sale
$366,000 was average sale
$435,000 was high sale
36 was time needed to sell
Comments – The same story as much of Laveen real estate, Cheatham farms is experiencing a sellers market with low inventory of homes. Values are holding steady, and it continues to be a great time to sell.
Month ending April 2020
5 properties for sale
5 properties under contract
3 sales in April
$265,000 was low sale
$299,000 was average sell
$345,000 was high sale
39 was average time to sell
Comments – If considering selling, this is a good TIME. Home values are still up, and buyers ARE still buying.
Month ending March 2020
2 properties for sale
5 properties under contract
9 sales in March
$236,000 was low sale
$298,000 was average sale
$439,000 was high sale
15 was average time needed to sell
Comments – The numbers above indicate that Cheatham Farms is still in a seller market. Inventory remains very low, homes are selling quick, and buyers have limited choices! That is the ideal seller situation.
Month ending February 2020
2 properties for sale
8 properties under contract
5 sales in February 2020
$235,000 was low sale
$280,000 was average sale
$343,000 was high sale
28 was average time to sell
Comments – Low level of inventory, and many properties under contract goes to show what the real estate market is doing in Cheatham farms. It is GREAT, especially for sellers looking to sell at this time. They continue to have the upper hand with low inventory, and of course home values at over a 10 year high!!
Month ending January 2020
2 properties for sale
5 under contract
3 sales in the month of January
$294,000 was low sale price
$326,300 was average sale
$345,000 was the high sale
44 was average time to sell
Comments – Cheatham farms continues to see homes sell quickly, with 44 days being the average to get under contract. It is a seller market, and this benefits Cheatham Farms home owners that are considering selling. You can’t ask for a better time to sell, as we have low inventory, higher values than we have seen in over a decade, and buyers that are still able and willing to buy. Hell, I have buyers that are competing to find homes, and its tough. Again, ideal situation for sellers.
Month ending December 2019
2 properties for sale
3 properties under contract
6 sales in December 2019
$212,000 was low sale
$254,150 was average sale
$335,000 was high sale
22 was average days on market
Comments – As you can see with average days on market, homes in the subdivision tend to sell fast. There is a low level of inventory, which makes it harder for buyers to secure a home, due to the competition (low inventory). Values are at a 10 year high, and if considering selling, the time is right.
Month ending November 2019
2 properties for sale
7 properties under contract
3 properties sold in November 2019
$265,000 was low sale
$275,667 was average sale
$290,000 was high sale
31 was average time to sell
Comments -The year end is coming, and as such the holidays are upon us now. As we approach the Christmas holiday, we are also seeing a little slow down of the real estate market. This is a season thing, and is expected at this time of year. Homes are still selling, and as values are still appreciating (though slower) it remains a great time to sell.
Month ending October 2019
5 properties currently for sale in Cheatham Farms
4 properties under contract
6 properties sold in month of October
$231,500 was low sale
$278,146 was average sale
$350,000 was the high sale
26 was average days on market
Comments – Not much change, we continue with a low level of inventory and a seller market. Both of these are indicators of being a great time to sell. In addition, values are at a ten year high!
Month ending September 2019
2 properties for sale
4 properties under contract
5 sales in the month of September
$235,000 was the low sale
$277,880 was average sale price
$330,000 was the high sale price
30 was average time to sell
Comments – Seller market, which is the best time to sell.
Month ending August 2019
1 property currently for sale
6 properties under contract
7 properties sold in August
$233,000 was low price
$268,400 was average sale
$302,900 was high sale
67 was time to sell
Comments – With the continued seller market, one of low inventory, it continues to be a great time to sell. Values have risen since 2013, thats 6 plus years, will it continue?
Month ending July 2019
3 properties currently for sale
9 properties under contract
11 properties sold in July 2019
$218,000 was the low sale
$252,627 was the average sale
$309,000 was the high sale
31 was the average time to sell
Comments – Low level of inventory means, it continues to be a great time for home owners to sell. Values are at the highest level in over 10 years!! and since we have low inventory there is little competition.
Month ending June 2019
4 properties for sale at this time
12 properties under contract
6 properties sold in June
$238,000 was low sale
$278,283 was the average sale price
$331,800 was the high sale
16 was average time to sell
Comments – The low level of inventory continues. This is a seller market and a great time to sell.
Month ending May 2019
6 properties for sale at this time
7 properties under contract
3 sales in May
$235,300 was low sale
$255,100 was average
$285,000 was high sale
119 days was average time to sell
Comments – Based on over all Laveen area, the days to sell is kinda on the high side! Most homes in laveen are averaging almost half that time. Regardless, this is still a seller market which makes it a great time to sell.
Month ending April 2019
3 properties for sale
3 properties under contract
7 properties sold in April
$200,500 was low sale
259,071 was average sale
$310,000 was the high sale
67 was time needed to sell
Comments – Much like the rest of Laveen, Cheatham farms is going through a seller market. Basically, low inventory and this makes it a great time to sell. Also, keep in mind values have gone up for over 8 years, and this is the highest it has been in over 10 years. Matter a fact the average in same period 2009 was $126,925 average sale price!!!!! Will values continue to rise, not sure.
Month ending March 2019
1 property for sale
11 under contract
7 sold in March
$207,000 was low sale
$253,071 was average sale
$345,000 was high sale
86 was average time to sell
Comments – WOW what a lot of activity in the subdivision of Cheatham farms, right? For owners looking to sell, THIS IS THE TIME, as you have virtually NO competition from other sellers.
Month ending February 2019
6 properties currently for sale
8 under contract
5 sales in February
$207,000 was the low sale
$252,600 was the average sale
$315,000 was the high sale
52 was average days on market
Comments – Low level of inventory continues at this time, and if considering selling this is a great time to SeLL. Over all the market is steady at this time, and values have been holding steady with slow appreciation. The likely increase in values, I think, will slow over the 2019 year. Time will tell.
Month ending January 2019
10 properties for sale at this time
9 properties under contract
2 sales in January
$245,000 was low sale
$258,000 was high sale
66 was average time to sell
Comments – Cheatham currently has about 5 months inventory, which really is more favoring a buyer. In other words currently buyers, they have more choices and one would have to compete with other sellers for those buyers. This likely will change within the next month as the 9 under contract close. As we begin to head into spring (soon), it is a great time to sell if considering.
Month ending December 2018
12 properties active and for sale
3 properties under contract
5 properties closed in December
$199,000 was low sale
$265,900 was average sale
$395,000 was high sale
50 was the average time to sell
Comments – Continues to be a seller market, which means it continues to be a great time to sell. Values have been holding, and actually have gone up a good bit since last year.
Month ending November 2018
10 properties for sale
5 properties under contract
5 properties sold
$210,000 was low sale
$259,960 was average sale
$322,800 was high sale
31 was average days to market
Comments – 2 months inventory, continues to provide the seller with a seller market. It continues to be a great time to sell.
Month ending October 2018
7 properties for sale Cheatham Farms
6 under contract sales in October
$227,000 was low sale
$252,375 was average sale
$270,000 was the highest sale price
48 was average days to sell
Comments – Not much change, the Cheatham subdivision continues in a seller market, much like the rest of Laveen.
Month ending September 2018
6 properties for sale
6 properties under contract
8 sales in September
$209,000 was low sale
$247,375 was average sale price
$405,000 was high sale
38 was average time to sell
Comments – Great time to sell, with a low level of inventory the market continues to favor sellers. Values are holding steady for the time, and we are seeing the market slow a little as we go toward the end of year and holidays.
Month ending August 2018
8 properties for sale
8 under contract
11 sales in August
$200,000 was low sale
$234,845 was average
$299,900 was high sale
47 was average time to sell
Comments – Seller market continues, much like it does for the rest of Laveen Arizona. We have low inventory, and the subdivision appears to be continuing with that trend, with several sales lined up for September. Good time to sell.
Month ending July 2018
7 properties for sale
11 under contract
9 sold in July
$232,511 was average sale price
$200,000 was low sale
$345,000 was high sale
26 was average time to sell
Comments – It is a seller market, low inventory and homes are selling quick = great time to sell. Keep in mind, we have seen appreciation since 2013, will this continue for ever? Not likely, the one constant is change.
Month ending June 2018
7 properties for sale
6 properties under contract
9 properties sold in June
$261,044
$192,500 was low sale
$341,500 was high sale
34 was average time to sell
Comments – Great time to sell, as it is a seller market. Values have also have gone up from same time last year.
Month ending May 2018
7 properties for sale
11 under contract
11 sales in May
$200,000 was low sale
$252,173 was average
$295,000 was high sale
59 was average time to sell
Comments – We continue with a seller market, much like the rest of the Laveen area. This is a great time to sell, especially with the summer season here which see’s more families making their moves.
Month ending April 2018
8 properties for sale
11 properties under contract
5 sales in April
$202,000 was low sale
$248,480 was average sale
$335,000 was high sale
52 was average days on market for sold homes
Comments – We are at 1.8 months inventory, and this of course, much like the rest of Laveen real estate is a seller market. In short, great time to sell as values have increased now for 5 years, and at this time the low inventory really helps sellers get homes sold quickly and with a higher net.
Month ending March 2018
8 properties currently for sale in the community
7 properties under contract
9 sold properties in month of March
$191,000 was the low sale
$249,044 was the average sale price
$325,000 was the high sale
44 was average time to sell
Comments – We continue with low inventory in Cheatham Farms, which means a continued seller market. With over 4 years of home values increasing, a seller market with low inventory – it is a great time to sell.
Month ending February 2018
8 properties for sale at this time
11 properties under contract
5 sales in February
$181,000 was low sale
$224,900 was the average
$269,000 was the high sale
33 was average time to sell
Comments – Seller market again! January was an anomaly, and I figured that would be the case, which means still a great time to sell your home, if your considering a move in 2018.
Month ending January 2018
9 properties for sale
8 properties under contract
2 sales in January
$195,000 was the low sale
$208,000 was the high
$199,000 was the low
6 was average days to sell
Commentary – Well, truth is the numbers at this time indicate a buyer market, which means a good inventory of homes for buyers to choose. Though with 8 under contract, that will likely change by month end. Also, with average 6 days to sell, those price RIGHT sell quick!
Month ending December 2017
8 properties currently for sale
5 under contract
7 sold in December
$236,457 was average sale price
$180,000 was low sale
$315,200 was the high sale
62 was time needed to sell
Commentary – Not much change, much like Laveen it continues to be a seller market.
Month ending November 2017
6 properties for sale
9 properties under contract
5 properties sold in November
$228,897 was average price
$190,000 was low sale
$285,000 was high sale
1.2 current inventory level
45 average time to sell for homes that sold
Commentary – It continues to be a great time to sell, especially since turn over rate/inventory remains low. Values have shown steady and slow appreciation. Trend has been that way for the entire year, helped likely be the low interest rates we continue to have………for the time being.
Month ending October 2017
5 properties currently for sale
10 properties under contract
8 properties sold in October
$190,000 was the low sale
$310,000 was the high sale
$234,125 was the average
75 was average time to sell
Commentary – Still a seller market, and this has been the trend for well over a year now. In addition, we have seen appreciation and a steady market since January 2013, which now marks 4 years plus of appreciation. Will this continue? Well for now, there appears to be no change, but as we all know, change is a constant…………but no change in sight at this time.
Month ending September 2017
9 active properties for sale
11 properties under contract
5 properties sold last 30 days
$200,000 was low sale
$228,400 was average sale price
$265,000 was the high sale price
25 was average days on market
Commentary – Seller market continues, with all indicators at this point showing no change. Interesting though, longest homes actively on market is 96 days, while longest sale took 36 days. Difference is VERY likely the asking price. In Laveen, homes are mostly selling with financing, so a APPRAISAL WILL BE REQUIRED! Home will not sell over market value, and I recommend to market as such. It will take less time to sell, and also, you likely will get a better offer.
Month ending August 2017
10 properties for sale
6 properties under contract
8 properties sold in August
$180,549 was low sale
$238,262 was average
$347,000 was the high sale
57 was average time on market
Comments – Well, the seller market continues. Homes are selling, and most are doing so relatively quickly, except for those that are of course, overpriced. Homes price well, or slightly under, are selling within a week!
Month ending July 2017
6 properties currently for sale
12 properties under contract
7 sold properties in the month of July
$179,000 was the low sale
$234,071 was the average
$270,000 was the high sale
43 was average time to sell
Commentary – At this point, Cheatham Farms is showing a TRUE low level of inventory, with this last month having the 7 sales, and only 6 active listings. Yet, Cheatham Farms does fluctuate a little with its inventory, and will likely go up a bit this next month. Yet, the numbers do show, it is a great time to sell as buyers have to compete for available homes.
Month ending June 2017
8 properties currently for sale
10 properties under contract
10 successful sales for June
$188,500 was low sale
$258,890 was average
$360,000 was the high sale
73 was average time to sell
Commentary – Not much different than before, it continues to be a seller market, and a great time to sell. Buyers are buying, and sellers that price their home WELL, get there homes sold pretty quick. If not priced well, they can sit on market. Currently 1 home is over 200 days on market.
Month ending April 2017
14 properties for sale at this time
14 properties currently under contract
7 properties sold in April
2 months inventory
$189,900 low sale
$292,000 was high sale
$209,277 was average sale price
38 was average days on market
Commentary – Not much change really, real estate in Laveen just like in Cheatham continues pretty steady. Inventory is low, it continues as a seller market. Values are steady, with slow appreciation.
Month ending March 2017
12 homes for sale
13 homes under contract
8 homes sold in March 2017
$199,000 was the low sale
$222,000 was average
$250,000 was the high
46 was average days on market for sold homes
Commentary – Unlike last month, with all the closings we had in March the cheatham farm subdivision is now a seller market. Looks like we will also have a good month for closings in April, with a good number of homes under contract.
Good time to sell! Values are up, inventory is low.
Month ending February 2017
12 homes currently for sale
14 homes under contract
1 properties sold in February
$176,000 was the sale price
54 was days on market
Commentary – At this point, at this time, it is a buyer market in the cheatham farm subdivision. Yet, this is an anomaly, and likely we will see it change quick after we see the 14 deals under contract close during March.
Month ending January 2017
11 homes currently for sale
7 homes under contract
5 homes sold in January
2.20 is current market inventory
$185,000 was low sale
$274,900 was high sale
$207,510 was average sale price
38 was time to sell
Commentary – Well, you can see with average time to sell at 38 days homes are going pretty quick. It is a seller market for the subdivision, as it is for all Laveen. Interestingly, not one sold for over list price. Yet several homes sold did have price drops. What does that tell a potential home seller? Well, it tells me make sure to study the market and decide most likely sale price. Market it at likely sale price, because homes that are selling, are not getting over asking, which indicates buyers are only paying market value.
At a side note, time on market for active listings and some under contract is indeed LONGER that those that sold.
Month ending December 2016
8 properties for sale
11 properties under contract
7 properties sold in December
1.14 is current market inventory
51 was average days on market
$222,429 was average sale price
$184,000 was low sale
$318,000 was the highest sale price
Seller market continues for homes in Cheatham Farms. Really not much to add, the market continues in early 2017 the way it was for most of 2016. It is a great time to sell, as values did increase, and it is still great time to buy as interest are still low.
Month ending November 2016
6 properties for sale
14 properties under contract
9 properties sold in November 2016
$180,000 was the low sale
$235,000 was the high sale
$202,760 was the average sale price
103 was average time to sell
It is a seller market, and has pretty much followed the trend like the rest of Laveen. Inventory continues low, and as such it is a good time to sell, a time when sellers can try to negotiate the best offer. This year did see at times, multiple offers on properties. This mostly, was on homes in the lower price ranges.
Month ending October 2016
9 homes currently for sale
17 properties currently under contract
8 properties sold in October
$175,000 was the low sale
$287,900 was the high sale
$232,275 was the average
91 was average time on market for homes sold
Much like rest of Laveen, Cheatham farms is experiencing a seller market. Values continue to hold steady, and see some slight appreciation.
Month ending September 2016
10 properties currently for sale
16 properties under contract
8 homes sold in September
$187,500 was the low sale price
$322,500 was the high sale price
$226,862 was the average
1.25 is current absorption or inventory
Continues to be a great time for sellers to sell, with a low inventory buyers are competing for available homes. That competition is seen more so in the under $200K range, but all the same, it is there even in the mid 200’s as well. Pricing right will get the home sold.
Month ending August 2016
8 properties for sale
19 homes under contract
9 homes sold in August
61 was average days to sell
$226,167 was average sale price
$162,000 was low sale
$332,000 was high sale
.88 is inventory
Sellers market in Cheatham at this time. Like most of Laveen Arizona, Cheatham Farms is in a seller’s market. This means, if you are considering selling, and you’re happy with what you’d get out of it, then it is a GREAT time to sell. There is low inventory, so less competition for the buyers. You could NET more if things are done right.
Month ending July 2016
15 properties currently for sale
14 properties currently under contract
9 properties sold in July 2016
$225,089 was average sale price for July
$169,000 was the low sale price
$340,000 was the high sale price
1.66 is the current absorption rate or market inventory – favors sellers
49 was average days to sell
Month ending June 2016
17 properties currently for sale
14 properties under contract
4 homes sold June 2016
$168,000 was the low sale
$195,000 was the high sale
$183,000 was average
41 was average time to sell for those homes sold
Month ending May 2016
14 properties for sale at this time
14 properties currently under contract
5 homes sold in the Cheatham Farms subdivision May 2016
$182,000 was the low sale price
$280,000 was the high sale
$228,700 was the average sale price
110 was average days on market
Month ending April 2016
11 properties for sale
9 homes under contract
7 homes sold in April 2016
$156,700 was low sale
$224,000 was the high sale
$189,677 was average
20 was average days on market for homes that sold
Notice how quick some of the homes sold in the last month. It is a seller market, and often in a seller market you will have buyers compete a bit for the purchase of a home. Yet when looking at Laveen, homes are on average still selling for under list price. Homes here though, appear to be selling much faster than the average for Laveen. Chances are good because it is a popular price range, and area.
Month ending March 2016
10 active homes for sale
11 homes under contract
7 properties sold March 2016
$148,000 was the low sale
$287,000 was the high sale
$215,071 was the average
74 was average days to sell
95 is average days on market for the active homes
Yes, sellers market in most of Laveen and that goes for Cheatham Farms as well. The inventory in subdivision is low, and buyers are having to compete for those listings. Yet, based on sold homes in March, homes still did on average sell beneath the list price, almost $3000 less. So make sure to price right, if not you will have issues with no traffic to see home and also be on market longer than the average it has taken other sales to happen.
Month ending February 2016
9 active homes on market for sale
11 properties under contract
7 properties sold in February 2016
$153,000 was the low sale
$220,000 was the high sale
$182,400 was the average sale price
140 was average days on market for homes sold
59 is average day for current homes for sale
Today, we see how a number can skew the stats for an area. One of the homes that sold in February 2016 was on the market for 513 days. They started the sale $40,000 over what their final sale price was, which is to say almost 20% over last sale price. Keep in mind home values went up a bit too, so it was likely closer to about 25/30% over priced initially. So is it worth it in the end? Only home owner will know, but follow my logic for a second.
- You have a plan, some place you’ d like to move
- You still pay a monthly mortgage, in the above scenario likely about $1000 or more a month for 36 months.
Did they really end up making more money, or just getting where they wanted in a much slower way and walk away with maybe less money?
Month ending January 2016
Below are recent stats and short summary.
15 properties currently for sale
12 properties currently under contract
5 properties sold in January
$155,000 was the low sale
271,000 was the high sale
$191,580 was the average sale
91 was average days on market for homes in subdivision.
So, much like another subdivision I just summarized, Cheatham is a little longer in days on market than Laveen as a whole. There is currently a seller/transitional market within the community, with a fair number of closings recently, and a good number under contract. Appears Cheatham is pretty popular at this point in time. Homes are selling for pretty close to asking, on average, based on homes sold.
Month ending December 2015
Find below update on the subdivision cheatham farms.
19 homes for sale at this time
12 homes currently under contract
9 homes sold in December 2015
$152,000 was the low sale price
$299,000 was the high sale price
$197,844 was the average sale price
38 was the average days on market
A good month for the Cheatham farms subdivision. Homes are selling, but just those that are priced at market value. So make sure if your looking to sell, you market aggressively and price the home correctly.
Month Ending November 2015
18 homes currently for sale
17 homes currently under contract
7 homes sold last month November 2015
$183,554 was average sale price
$163,500 was the low sale price
$219,900 was the high sale price
38 was average days on market for homes sold
Little bit over 2 months inventory for homes in Cheatham Farms. This really, is pretty good for home sellers. Over all Laveen is currently over 3 months, which does technically favor the buyer a little more, but not the case within Cheatham Farms. It appears those homes that have been selling, have still been on average selling below list price. Worst case was a home sold 6% under the last sale price. Folks, that is a lot of money on the table. Homes are selling, but only those listed at a right/good price. Make sure that if your selling, you do look at the market very closely and also look at your comparable homes to determine the best price to sell at.
Month ending October 2015
15 active homes for sale
14 homes currently under contract
4 homes sold in month of October 2015
$144,000 was the lowest sale
$239,900 was the high sale
$182,225 was the average sale price
40 days was average it took to sell homes in October, atleast for those sold
Cheatham farms, like most of Laveen Az is currently in a buyer market. There are more homes for buyers to choose from, which is a buyer market. Average days on market for the active homes is 75 days, while active sold as mentioned above is 40. Take away from those 2 numbers is that pricing a home well, marketing well, will get a home sold. Lack of doing so, lack of good marketing and good exposure to the open market, will cause the home to sit longer on the market – which in turn will likely lead to price drops.
On average homes are still selling for under list price. Call for specific question, to discuss selling and marketing your home.
Month ending September 2015
13 homes currently for sale
13 homes currently under contract
9 homes sold in September 2015
$139,000 was the lowest sale price
$322,900 was the highest sale price
96 was average days on market for sold homes
60 days is average for homes currently on market
As usual, I would like to point out how important it is to make sure and price your home well, have a strategy and of course market aggressively. The market is indeed shifting, and Laveen as well as Metro Phoenix is inching closer to the 3 month turn over rate or inventory, buyers will begin to have more choices. So again, price right.
Month ending August 2015
Market has been steady, and we have had a good summer. As per usual, we are starting to see the Laveen market slow after the summer up tick. As such, inventory may start going up and numbers are actually starting to show that being the case.
18 homes currently for sale
12 homes currently under contract
7 homes sold in August 2015
$252,000 was the highest sale price
$136,000 was the lowest sale price
$167,000 was the average for homes sold
33 was average days on market for those homes selling
I would point out the market may be shifting. I’m starting to see an increase in active listings, a up tick in turnover rate/months inventory and should this continue we may shift to a buyer market. We do have a way to go, but should we see a significant increase of active listings, and slow down of those homes selling (happens after summer), we could see the market shift a bit to benefit the buyer more so than seller.
Month ending July 2015
Lets look at the numbers for the month ending:
15 homes currently on the market
14 homes currently under contract
10 homes sold in the month of July
$196,500 was the average sales price
39 was the average days on market for homes sold
Highest priced sale in Cheatham farms $265,000
Lowest sale in Cheatham farms $162,500
Much like the rest of Laveen, Cheatham farms is still in a seller market. Yessir, it has less than 2 months inventory and home sellers that are priced right are selling pretty quick, on average about 39 days. Looks like that on average many homes are selling for ask price, which is great. On the down side, if you don’t have a knowledgeable realtor who prices home right, you may also end up like the one home that sold 4% under ask price. The 4% less in sale price would be almost $5,000 less in your pocket. I’m a local realtor in Laveen, I’ve worked for over 10 years in area, and I want to earn your business. Call me today at 602.373.6345 or request a consultation here at this page.
Month ending June 2015
Lets look at the numbers:
11 homes for sale in Cheatham Farms
18 homes currently under contract
10 recent homes sold for month ending June
$88.27 was the average for homes sold
$187,825 was the average sale price
44 was the average days on market
Again, much like most of Laveen and for that matter Phoenix, it is a seller market in Cheatham Farms. Yes, we have just over a month inventory of homes for the subdivision, and several homes in the pipeline to close in the next month. The highest sold price for the month was $273,000. As many know, there are some nice homes with a good size lot and square footage, and this was one of those larger homes.
Month Ending May 2015
Cheatham farms is and has been a favorite subdivision in Laveen. Activity continues with homes being bought and sold and a good pace. It comes down to pricing, marketing and then of course negotiation, but regardless homes priced right are getting buyers.
11 homes for sale
16 homes currently under contract
6 homes sold in May 2015
$90.09 was the average dollar a square foot
$201,733 was the average sale price
168 was the average days on market – Pretty high
Looking to buy or sell? Give me a call I’m a local laveen realtor specializing in the area.
Month Ending April 2015
Wow, with looking at just cheatham farms, we are looking at only a 1 month inventory. Granted Laveen Az has current low inventory, but if your home is in Cheatham farms, chances are it will likely sell pretty quick. Do check out my post on Laveen Home Values as it also shows what is happening in and around Laveen. Mainly it is good to know, that while homes are selling, you are not really getting over ask price, and that there is many homes that sit on market and have price reductions. Buyers are NOT over paying for homes at this time, and most homes are being bought using loans, which means appraisals!
10 homes currently for sale in Cheatham Farms
18 homes currently under contract – couple are mine
10 homes sold in month ending April 2015
$87.51 was $/Sq.ft average for homes sold last month
$204,350 was the average sales price for homes sold
73 average days on market for homes sold
Yes, it is a good time to consider selling. Buyers are buying, and the scale is now a little more in favor of sellers who no longer have to compete so much with other sellers to capture buyers. Keep in mind though, homes are not selling on average over list, so price it RIGHT.
Month Ending March 2015
It is a great time to sell, and the reason is the low inventory. This currently has us in a sellers market, and you could benefit from this today! With less inventory buyers have less choices, and you may have an option of choosing the best offer. Not always the case, especially if you don’t have many offers. While we are still not seeing multiple offer situations, we are seeing that activity on our listings is picking up.
10 Homes currently for sale
15 Homes currently under contract
10 homes sold in Cheatham farms in March 2015
$80.93 average $/sq. ft
$176,400 was average sales price
114 days on market was average for homes sold
Update Month ending February 2015
So, as indicated on other article on my site updating for Laveen real estate, we have seen some change in the market this last week. Inventory has dropped, and this favors sellers.
14 homes for sale in Cheatham Farms
13 homes currently under contract
3 homes sold February 2015
$179,783 average sales price for month
$85.06 average dollar a square foot sold
71 days was average time to sell home
Can’t stress enough, these numbers are great to give you an over all idea of what is going on in your subdivision and in Laveen. If considering selling, make sure to have a analysis done for your specific home. Lack of doing so may cause you to leave money on the table.
Number month ending January 201
Number month ending January 2015
Values in the area and including the Cheatham farms subdivision in Laveen Az continue on a stable and boring trajectory. No other way to explain it, steady Eddie, even keel, same ol’ same ol. 14 homes for sale, much the same as last month, and even resale values, pretty much the same.
14 homes currently for sale
9 Homes under contract
11 homes sold in January 2015
$160,682 was the average sales price
$87.03 was the average dollar sold per square foot.
Again, don’t take the above information to determine the value of your home. This is the average, just like the low under $78 a square foot, you can see that is a big variance. If your looking to sell I recommend asking a knowledgeable and local realtor to help you determine value.
Update for month Ending December 2014
Lets look at the numbers for December and see how we ended the year, and happy new year!!
15 Homes currently for sale
12 Homes currently under contract
8 Homes sold in Cheatham Farms Laveen Az for month ending December
$179,875 was average sale price
$145,500 was the lowest sale price in subdivision
$299,000 was the highest sale price in subdivision
The key to getting the most for your sale or purchase, is knowledge. Yes, knowledge of the market. Let me know if you have any questions.
Month Ending November 2014 Update
Not much new to report other than the holidays are here, and of course we are starting to see the traditional slow down during the holiday season. Do NOT mistake that to mean homes do not show and sell, because homes do sell during the holidays, but the number of sales do go down a bit.
21 Active homes for sale
11 homes currently under contract
2 homes sold in November 2014 in Cheatham farms
$155,256 was the average sales price for the month ending
$140,500 was lowest sale price
$170,000 was the highest sale price
Considering selling your Cheatham farms home? Give me, your local Laveen Realtor a call today 602.373.6345
November 2014
Laveen and for that matter Phoenix as a whole has been almost boring, not much change in real estate trends for the last year. While increase in inventory could suggest possible price wars to come, things as of yet have been very stable and consistent with no value fluctuations.
19 homes for sale in Cheatham farms Laveen Az
8 Homes currently under contract
2 homes sold in October 2014 in Cheatham farms
$167,500 Average sales price for homes sold
70 days average days on market for homes sold
October 2014
Month of September closings ended up exceeding my expectations. It appears many of the homes that had been under contract for a longer period of time, lined up and decided to close in September. While we are still in a buyers market in Laveen Az, homes are indeed still selling. Key is pricing and aggressive marketing.
22 Homes currently on market
5 Homes currently under contract
10 Homes sold in September 2014 in Subdivision
$176,596 Average sales price for the Month
$179,422 Average listing price for homes sold
What is always interesting to see is that homes in the area sell for compared to list price. It appears that we may be seeing some price drops, or at the very least sales under list price. This likely due to the fact that we are in a buyers market and sellers are having to compete for buyers. The larger inventory is also giving buyers more choices, which means they are going for the most at the best price. Take away should be to price right, have home ready for market (clean), and market aggressively. The marketing component actually takes a plan – you can see a sample for my marketing plan here.
September 2014
Changes are coming for Laveen real estate as it is for Cheatham farms.
17 Homes for sale
13 Under Contract
7 sold in August
The big change coming for Cheatham farms as well as Laveen Az in general is possible values dropping. Something many of us Laveenites are familiar with due to the economic crash in late 2008 through 2013. Properties values had improved, and home owners saw the values of their Laveen homes go about about 27% in 2013. Problem we are seeing is that inventory is growing, and the buyers market we are currently in appears to be growing. The buyer market is one where buyers have a larger selection and sellers have got to compete for the buyers. Gone are the days of multiple offers within a day or so of listing the property. Days on market has grown, inventory has grown, and this trend could potentially see values decrease. Only time will tell.
For specific question about Laveen real estate feel free to contact me.
August 2014
Below you’ll find information on recent homes sold in Cheatham Farms in Laveen Az, as well as current information on homes for sale in Cheatham Farms. Price for homes currently on market range from $139,900 to a high of $299,900.
16 Current homes for sale in Cheatham Farms
12 Homes currently under contract
8 Recent homes sold in Cheatham Farms for month of July 2014.
$192,138 was average sale price for recent home sold
July 2014
Find below some information on recent homes sold in Cheatham Farms subdivision in Laveen Az. Currently there are 17 homes for sale in Cheatham Farms, Laveen Az. Prices of current homes on market range from $146,500 to $324,900.
17 Current Homes for sale in Cheatham farms
12 Homes under contract
11 Recent sold homes in Cheatham Farms for June 2014
$179,564 Average sales price for recent sold homes in Cheatham Farms.
June 1, 2014
Recent Cheatham homes sold statistics for month ending May 2014 are listed below. Currently Cheatham Farms has 21 homes on the market ranging from $133,400 to $399,900.
10 Recent Cheatham Farms homes sold
$175,830 Average sales price of Recent Cheatham Farms homes sold
38 Days average days on market
May 1, 2014
Recent Cheatham homes sold statistics for month ending April 2014 are listed below. Currently Cheatham Farms has 21 homes on the market ranging from $133,400 to $399,900.
9 Homes sold in April
$178,08 average sales price
68 Average days on market