Inventory was on the rise as noted in our last report in November of 2024. Active listings in Gainey have dropped slightly to 28 as of January 23, 2025. Let’s dig into our Gainey Ranch market report for January 2025. The active listings range in price from $475K for a condo at the Courts to a $2,445,000 home located in the Enclave. Active listings have been on the market for an average of 101 days.
There are three “coming soon” listings and nine pending sales. January through the end of April is the prime selling season so we expect to see this kind of sales activity. Since December 1, there have been nine sales. Here are MLS stats for the recent sales:
- Average list to sale price ratio: .95–this indicates that on average, sellers are coming down 5% off the listed price–see chart below which shows the median for 85258.
- Average days on market: 75
- Average sold price per square foot: $621
Though interest rates remain high, there has been a decent amount of sales activity in Gainey Ranch–this prime community is certainly fairing better than other parts of the 85258 zip code. We expect to see more inventory hit the market and sales continuing at a similar pace.
