Currently there are 1568 active listings showing that inventory is down from Feb 2009. The current absorption rate or supply of homes in Queen Creek is 3.6 months-a significant decrease from Feb 2009. Pending sales and sold homes for Mar 2009. The numbers are going in the right direction-Sold and Pending increasing, new listings decreasing.
For the month of Mar 2009
New Listings: 548
Pending Sales: 499
Sold Homes: 432
Queen Creek Real Estate- Listing Status Mar 2009
The average sales price for homes in Queen Creek the month of Mar 2009 decreased slightly from $130,675 to $129,906
Foreclosures and Short Sales in Queen Creek
The number of homes for sale in Queen Creek continue to be dominated by foreclosures and short sales. From a quick glance a the statistics in MLS, of the 1568 active listings, 302 are bank owned/foreclosures and 633 are short sales.
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