Casa Grande Market Conditions
How do the average sales prices compare to those in another subdivision? How long is it taking to sell a home in today's market? We have statistical information in easy to read graphs and charts that give you a good idea of what's happening in this market. Click on the links below to access the information. Check often, as this information will be updated monthly.
Supply and Demand FS, UC, Sold
This graph shows 12 months of supply vs. demand. The red bars represent the number of homes for sale. The green bar represents the number of closed sales by month while the blue bar shows the number of “under contract” properties-those that are in escrow. A comparison of December 2010 vs. December 2011 shows a 34.8% reduction in available listings.
Median Price
The Casa Grande median price on sold properties has been declining over the past two years, and foreclosures, REO (bank owned sales) have had a huge impact on neighboring property values. The good news is over the past few months, this loss of value has been leveling off and over the last year we are now seeing an 14.2% increase in the median price on homes for sale.
