2016 1st QTR Gainey Ranch Market Recap

2016 1st QTR Gainey Ranch Market Recap

Now that we’re into April, we’d like to present our 2016 1st QTR Gainey Ranch Market Recap. During the past three months, there have been 20 sales within Gainey Ranch–increased activity for sure and this is in line with predicted seasonal trends. The median price has fallen slightly from 2015 to $572,386 while the average days on market has fallen 37% as compared to 2015. The sale price to list price ratio is slightly lower than the average for the 85258 zip code, but the median sale price is more than $100,000 higher. Here is a breakdown of the low, high and median figures for the 20 1st quarter sales in Gainey Ranch:

Note: the “low” and “high” rows represent individual properties

Click to download the 2016 1st QTR Gainey Ranch Sales History –note: properties shown were sold by various MLS participants.

This graph shows the Median Sold Price for homes sold in the 85258 zip code versus all of Maricopa County:

This graph shows the Average Days on Market for homes in the 85258 zip code versus all of Maricopa County:

As summer approaches and the winter visitors leave to find cooler weather, we expect sales activity to slow until fall.  As of April 13, 2016, there are over 70 active listings in Gainey Ranch. For sellers, it will be critical to get your home/condo in show ready condition and priced appropriately as the weather heats up. For buyers, the upcoming months represent an opportunity to get a better deal in Gainey Ranch as the days on market climb.  Check out our amenities page to find out more about all that Gainey Ranch has to offer.  Find homes, condo’s and town homes for sale using our interactive map page. If you have a question about a community or particular property, contact us day or night.  We’d be honored to serve you!