It’s been a whirlwind of a market the past 30 days.
Let’s see what’s been going on in Gainey Ranch. As of August 15, 2020, there are 18 active listings, 14 listings under contract and one “coming soon” property.
Since July 1, 2020, there have been 10 sales ranging in price from $295K to $1.5M.
The average days on market for the active listings is 96–up about 20 days from one month ago. The average days on market for recently sold home is 63–this number is down by nearly 50%!
Here is a Market Summary snapshot of the 85254 zip so you can see how Gainey Ranch compares to the rest of 85254.
The market has slowed a bit in the past week or two and as we saw inventory across the county dip below 8000 units, it has increased to the mid 8000’s. We expect sales activity to stay strong in Gainey Ranch throughout August.
If you have any questions about Gainey Ranch or Scottsdale real estate, please reach out any time.
