By Sam Lawmaster
The Paseo Place neighborhood in Glendale, Arizona had a total of 13 residential listings sold year to date through the end of June 2015. The average sales price of $150,262 recorded a rise of 5.6% from the same time range a year ago. The overall amount of sold listings in Paseo Place reported a 62.5% increase over the same time range last year, which had a volume of 8 sold properties, a year-over-year rise of 5 completed sales transactions. The greatest number of residential listings sold year to date was in the 120,000-139,999 price range with 5 closed sales. During the month of June of this year there was a total volume of 2 homes sold and $.4M in overall sales volume for Paseo Place.
House Listings Report 21% Rise. Through the month of June 2015, Paseo Place saw a total of 17 active listings year to date. With 5 residences for sale the 140,000-159,999 price category posted the most properties. Compared to the same time range one year ago, which reported 14 properties for sale, Paseo Place showed a 21.4% advance in the total active listings inventory, a year-over-year gain of 3 residential properties. The area's average active list price year to date of $152,185 showed an increase of 2.7% over the average list price of $148,136 from this time period last year. The cumulative days on market (CDOM) for actively listed homes in Paseo Place was 43 days through June. This is a 36.8% decrease from the average when compared to this time period during 2014. Listed houses for sale are taking less time to sell this year on average.
Sam Lawmaster is a Glendale real estate agent who specializes in residential listings. Market statistics provided by ARMLS and deemed accurate but not guaranteed; percent changes rounded. To receive the most current Paseo Place real estate market info or to request a free no obligation evaluation of your property, please call Sam with Realty ONE Group at (602) 680-8096 or contact us here.
View Homes for Sale in Paseo Place.