Fountain Hills Market Report, January 2008
Posted on February 13th, 2008 by ScottsdaleHomes.com
Fountain Hills is a beautifully family town and it definitely shows its appreciation in the early turn-around for single family residences. Usually, January is the slowest month of the year. Houses sales are up and quicker as well. The value per Sq. Ft. is 4.86% higher comparing to December 2007 and +26.15% – comparing to January 2007. Market is definitely getting stronger in Fountain Hills and that’s where it goes.
Single Family Homes Sales Report
| Average | Jan-07 | Dec-07 | Jan-08 | % Change Jan-08/Dec-07 | % Change 08/07 |
|---|---|---|---|---|---|
| Asking Price | $543,570 | $759,824 | $800,640 | 5.37% | 47.29% |
| Sales Price | $522,524 | $735,138 | $762,376 | 3.71% | 45.90% |
| % of Asking Price | 96.13% | 96.75% | 95.22% | -1.58% | -0.94% |
| $/SQFT | $232.23 | $279.31 | $292.88 | 4.86% | 26.12% |
| Days on Market | 176 | 168 | 146 | -13.10% | -17.05% |
| Total Transactions | 40 | 24 | 29 | 20.83% | -27.50% |
Condos and Townhouses Sales Report
| Average | Jan-07 | Dec-07 | Jan-08 | % Change Jan-08/Dec-07 | % Change 08/07 |
|---|---|---|---|---|---|
| Asking Price | $373,808 | $299,036 | $321,421 | 7.49% | -14.01% |
| Sales Price | $381,731 | $293,776 | $304,406 | 3.62% | -20.26% |
| % of Asking Price | 102.12% | 98.24% | 94.71% | -3.60% | -7.26% |
| $/SQFT | $229.82 | $214.12 | $198.31 | -7.38% | -13.71% |
| Days on Market | 215 | 144 | 159 | 10.42% | -26.05% |
| Total Transactions | 12 | 11 | 14 | 27.27% | 16.67% |
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Where is Fountain Hills? Do you have more information or introduction about it?
On this page you can find detailed information