TriValley Central
Home prices in Pinal County remained steady over the first two quarters of 2013. The average residential single family sale was $154,416 in the second quarter (Q2) of 2013 compared to $154,616 in the previous quarter. The quarterly sales volume rose to 1,827 homes from 1,568 during the previous three-month period.
The second quarter average sale price results represent a gain of 14% over the year ago results, although the sales volume slowed from 2,003 homes in Q2 of last year to 1,827 in Q2 of this year.
County Assessor Douglas Wolf stated, “After the dramatic year-over-year price increases we saw in the first quarter results, it is encouraging to see those values hold up in the market place.”
“With an average sale price of $263,799 in Maricopa County for June, 2013, housing in Pinal County is still competitively priced. If the regional economy continues to recover, we would anticipate further price appreciation going forward,” added Mr. Wolf.
If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com
