Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 70% from one year earlier and down 3% from the previous month Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month... was just over 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 33% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just over 130-thousand dollars. Overall, The number of units sold was up year-over-year and Increased 22% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for San Tan Valley, AZ
Area Information for San Tan Valley, AZ
Community Character:Significant Percentage of Family Households, Low Residential Turnover, Suburb of Mesa
Population:16,083
Median Age:34.84 yr
Median Commute Time:35.43 mins
Educational Climate*:3
Recycling Likelihood**:73
Sales Tax:77%
Population Density:376/sq mi
Population Change Since 2000:1629%
Closest Airport:Phoenix Sky Harbor International
Closest College:Arizona State University East
Closest Jr. College:Central Arizona College
Median Household Income:$64,554
Annual Residential Turnover:15.42%
Median Years in Residence:2.54 yr
Median Home Sales Price:$95,850
Closest Major Sports Team:Azl Cubs (r)
Change Avg. Household Income Since 2000:51%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for San Tan Valley, AZ
Median Age: 34.84Married: 45%Number of Households: 4,850Households with Children: 2,404
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)