Fountain Hills Arizona Real Estate Report for August 2009

How lucky we are to live in Fountain Hills. As tough as the real estate market has been we have suffered less than many other parts of the Valley. Probably because of our incredible views, small town atmosphere and variety of homes.

What's on the market now? What’s available? What’s hot? What price ranges are selling?
Look at the report below for the answers.

There is a total of 320 single family houses for sale.

• From $100,000-$200,000 there are 4 houses. 2 are short sales.
• From $200,000-$300,000 there are 33 houses. 5 are foreclosures. 7 are short sales.
• From $300,000-$400,000 there are 41 houses. 2 are foreclosures. 8 are short sales.
• From $400,000-$500,000 there are 38 houses. 4 are foreclosures. 4 short sales.
• From $500,000-$600,000 there are 35 houses. 0 financially challenged.
• From $600,000-$700,000 there are 24 houses. 1 is a foreclosure . 7 are short sales.
• From $700,000-$800,000 there are 22 houses. 3 are foreclosures.
• From $800,000-$900,000 there are 14 houses. 0 are financially challenged.
• From $900,000- $1M there are 71 houses. 5 are foreclosures, 5 are short sales.
• From $1M-$2M there are 23 houses. 1 foreclosure and 1 short sale.
  

Any market activity has an impact on the value of your home.

Pending sales in August.

• 4 homes between $100,000-$200,000. 2 were forclosures; 2 were short sales.
• 7 homes between $200,000-$300,000. 4 were foreclosures
• 8 homes between $300,000-$400,000. 1 short sale
• 9 homes between $400,000-$500,000. 2 foreclosures. 1 short sale
• 2 homes between $500,000-$600,000. 1 foreclosure 1 short sale
• 2 homes between $600,000-$700,000 1 foreclosure
• 0 homes between $700,000-$1,000,000
• 4 homes between $1M - $2M. 1 foreclosure
  

If you don’t live in our beautiful community and would like to know more about it visit my website at www.ericawesthomes.com. There you will find indepth information about the town and it's lifestyle.