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Tagged : Verrado Real Estate Update

Found 1 blog entry tagged as "Verrado Real Estate Update".

Verrado, AZ currently has 88 active homes for sale (including those under contract but accepting back up offers), with 5 short sales and 3 bank owned homes listed.  There are now 38 pending homes in Verrado, with 7 homes being new construction.  Overall, the new construction activity remains brisk, but the numbers continue to show a very strong increase in the resale activity at Verrado.  This is good for the resale market overall and has started to translate into an increase in prices for the resale homes.

When looking at sold homes in Verrado, we find a total of 61 homes sold over the last 90 days, with an average closed price of $256,372; which was 98% of the asking price and 72 cummulative days on market.   This price was about a $10k drop since

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