As of May 1st, there are 261 Active Residential Listings in Fountain Hills which is virtually the same as last month. Of that total - there are only 174 are single family homes. There are 13 Lender Owned, single family homes on the market and 8 Active Short Sales. That also is about the same as last month and is only 8% of our single family homes in Fountain Hills that are in the distressed category. There are 69 single-family homes that are in Pending Status (under contract) and 53 that have closed within the last 30 days!! The average number of days on the market were 108 and the average price of those Pending Sales is $475,140 (single family). The sellers are got an average of 97% of their list price for a traditional sale. While the Short Sales and Foreclosures averaged 100%. The average closed sales price is $375,585 (single family). We've had 41 new single family home listings, so the demand seems to be greater than the supply right now. We are also having a tough time with some of the appraisals. I think it will take a while for the appraisals to catch up with the market, so right now, we are seeing some homes that aren't appraising for the purchase price and some buyers that have been willing to pay above the appraised value because there is nothing else out there. Especially, if the home is in a high demand area or price range. You can easily search for homes in Fountain Hills or surrounding communities on my website at www.MyHassleFreeListings.com. Call me today at 602.400.0250 or toll free at 888.311.4833. If you, or someone you know are behind on their mortgage payments and owe more than the home is worth, please visit http://FountainHillsShortSales.com to find out how I may be able to help.
ZIP Code: 85268 Approximate Location Boundaries: Scottsdale, Mesa, Rio Verde
Location Characteristics: Welcome to Fountain Hills! Located just east of Scottsdale and only 25 minutes from Phoenix Sky Harbor Airport. Fountain Hills currently has a population of about 24,000 people and was voted the #1 Place to Live in the Phoenix Magazine! Truth be told, Fountain Hills is more a way of life than a city. The exceptional views, prime location and friendliness of the people all work in conjunction to create a lifestyle that is truly unique. Remarkably, stress levels seem lower, and smiles seem to appear more frequently in Fountain Hills. It must be the delightful combination of year-round mild temperatures and a diverse population from young families to retired executives.
About Lisa Murray:
Selling a home in this area can't be all that tough, right? After all, Arizona is the destination for many people around the world! My job? To sell your home in accordance with your desired timing for the most money, the best terms and the least hassles All the while safe guarding your best interests. Great results are my business! I am constantly striving to keep informed about developments in the real estate market and maintain close contact with my clients.
My energy, combined with my knowledge and experience in all aspects of real estate yields great results for YOU!.
Originally from Minnesota, I worked as a flight attendant for Northwest Airlines for 17 years. I gained the most valuable customer service experience imaginable during those years. I’ve been a Fountain Hills resident for over six years now and have to say, it was love at first sight!
I enjoy spending time with family and friends and my two dogs Jake & Elwood!
I also enjoy giving time back to our beautiful community through my involvement in the following organizations:
Board Member of the Fountain Hills Chamber of Commerce. Member of the Fountain Hills Noon Kiwanis Board Member of the Fountain Hills Republican Club
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
