November Brings Slow Home Sales in PebbleCreek
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November Brings Slow Home Sales in PebbleCreek
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15232 W Via Manana, Sun City West AZ 85375
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November Brings Slow Home Sales in PebbleCreek

  • PebbleCreek Real Estate Market Report Dec 2017


December Housing Numbers in PebbleCreek

In December, there are currently 76 homes for sale in PebbleCreek with 17 homes pending. Two thirds of the homes on the market are priced at $476k and under. The story in November, however, was slow homes sales in PebbleCreek. There were only 7 homes that sold compared to 21 last year. Perhaps buyers took the month off to do their early Christmas shopping. Sellers were certainly doing their part with inventory at an all-time high of 77 homes on the market. This meant we broke another record with days on market at a high of 149 days. This may be a buying opportunity, with high inventory and high days on market. The good news for sellers is that 17 homes went under contract, in December. There were 3.94 months of inventory in November and homes sold for 96.1% of list price.

 

Current Real Estate Trends in PebbleCreek

Trending in PebbleCreek, over the last year, is low everything in terms of housing except for a healthy 6.49% home value increase. Year to date sold listings are down -7.9%. 229 homes sold last year compared to 211 this year so far. Pending listings are down -13%, active listings down -9.2% and new listings down -12.5%. Year to date average days on market is 84 days comparable to last year at 80 days. These year to date trends indicate PebbleCreek is in a Strong seller’s market.

PebbleCreek Real Estate Trending over the last 12 months

Sold Listings Down
Pending Listings Dow

Active Listings Down

New Listings Down
 

 If you are following real estate trends in PebbleCreek you might like to see prior articles.
 
 
And, if you are a seller. wondering what your home is worth, you can get a quick free report.
 
 

We hand write a PebbleCreek Real Estate Trends Report each month that is great for both buyers and sellers.  If you would like to get this directly in your inbox please sign up below.
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