Summer temps and lack of second home/seasonal buyers generally puts the brakes on sales activity, but the Gainey Ranch market has been bristling with activity the past few months. Check out our Gainey Ranch market update for June 2018.
There are currently 22 active listings ranging in price from $450,000 to $2,290,000 and four pending sales. Since May 1 , 2018, there have been 26 sales that ranged in price from $224,000 to $1,680,000. The average days on market for the active listings is 175 and the days on market for the recently sold properties was 99.
As a comparison to the rest of the 85258 zip code, this chart shows the Average Days on Market for Maricopa County as compared to 85258 (shown in purple) for the past three months:
This chart shows how the Average Sale to Original List Price Ratio compares between Maricopa County and the 85258 zip code:
Given current interest rates and a relatively low supply of properties, we expect that current demand in Gainey Ranch will remain fairly steady and then begin to peak in the last quarter. If you have a question about a particular community or home in Gainey Ranch, contact us day or night–we’d be honored to help. We also serve the rest of Scottsdale and other nearby cities and towns. To view the active listings in all of Gainey Ranch, visit our main search page or map page. We hope you’ve enjoyed our Gainey Ranch Market update for June 2018!
