For the month of July – Market Update – Single Family Homes

City of Maricopa: Strong Seller’s Market

  • Average Sold Home Price: $160,397
  • Average Size of Home Sold: 2,311 sq ft
  • Average Price per sq. ft.: $72.47
  • Average Days on Market until contract acceptance: 85 Days
  • List Price/Final Sales Price = 98% of the List Price

Chandler: Very Strong Seller’s Market

  • Average Sold Home Price: $304,075
  • Average Size of Home Sold: 2,158 sq ft
  • Average Price per sq. ft.: $141.85
  • Average Days on Market until contract acceptance: 52 Days
  • List Price/Final Sales Price = 98% of the List Price

Gilbert: Very Strong Seller’s Market

  • Average Sold Home Price: $294,603
  • Average Size of Home Sold: 2,273 sq ft
  • Average Price per sq. ft.: $131.45
  • Average Days on Market until contract acceptance: 58 Days
  • List Price/Final Sales Price = 98% of the List Price

Ahwatukee – Phoenix: Strong Seller’s Market

  • Average Sold Home Price: $332,381
  • Average Size of Home Sold: 2,193 sq ft
  • Average Price per sq. ft.: $150.56
  • Average Days on Market until contract acceptance: 72 Days
  • List Price/Final Sales Price = 98% of the List Price

About Farhat and Associates Real Estate

Professional - Our early careers were in Accounting, Property Management, and Technology fields. Both Aziz and I found our passion for real estate as we started in the industry as Investors. Since 2004, we have devoted ourselves to this business on a full-time basis and have sold 100s of homes for our clients. Personal - Our passions are our family, our dogs, outdoor activities, reading, photography, golfing, and discovering new foods/restaurants.
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