Your Arizona Realtor

Queen Creek Resale has been busy this month.  Historically in January we close about 100 homes through out the month and there are usually a few that have been left pending to close to for February.  This January we've closed 142 homes and there are 200 pending to close for February. Yes, 200!

I'm sure you've hear in the media about the housing "crunch", but here, in Queen Creek the homes are priced so well people actually want to buy here!  There are many vacant homes, bank owned homes & short sales.  I just listed a beautiful new home in Skyline Ranch.  It has never been lived in and is priced about as much as if you were to build a new house.  So why wait?  This one is ready, contact me today! (I got homes starting at $99k too.)

I have been working with new home buyers, investors, retirees, as well as Canadians looking for a winter home in a warm place.  If you're looking to move or for a 2nd a home in Arizona I am ready to help.

Have a great week!

Amy Gerrish, Realtor

I've been checking historical stats for the month of January.  Mainly because we were in the recent bubble and boy, did it burst.  Many of my friends and neighbors are upside down in their homes.  Buying at the peak and are riddled with buyers remorse.   They come to me, "did you see that spec home with granite countertops?  It's only $156k.  I owe $220k on my home right now.  What can you do for me?"  Oooh, I don't want to answer that.

Anyway, I came here to talk numbers.  It's been interesting to see what the numbers show.   Population growth being the most prominent. 

Here They Are:  (These stat's include Queen Creek Proper & The unicorporated parts of P.C using the QC Mailing Address)

Month     Year    # of Homes Sold                    Avg. Sale Price

Jan       2002                  13                                144,576

Jan       2003                  41                                170,110

Jan       2004                  46                                173,099               

Jan       2005                  122                               224,058

Jan       2006                  112                               308,000

Jan       2007                  109                               265,835

Jan       2008         66/clsd 202/awc&pending          144,755

With a possible 268 sales for Jan 2008 (the month isn't even over yet), and the prices retro'd to 2002, it has created another buying boost. Any speculation how long this will coninue or other forecast? 

 Looking to buy here?  Look me up, I've got fabulous deals! 

Amy Gerrish|480-294-8680|www.amygerrish.com