TATUM HIGHLANDS REAL ESTATE MARKET REPORT FOR 3/20/2012
Tatum Highlands, a great subdivision located at Tatum Blvd and Jomax Rds, just north of the loop 101 expressway and Desert Ridge, continues to have extremely brisk real estate sales and a very low inventory of active listings. And, most important to all Tatum Highlands homeowners - values are INCREASING!!!
From 3/20/2011 to 9/19/2011, the average sales price of Tatum Highlands homes was $245,000. Currently, the average sales price is $250,654 - a 2.2% increase in the last 6 months. Currently, the average DOM (days on market or time to sell) is a very low 76 days. The inventory of homes for sale in Tatum Highlands is a current 2.13 months based on the current absorption/sales rate.
There are only 8 active listings of homes for sale in Tatum Highlands (click on the link TATUM HIGHLANDS HOMES FOR SALE). 22 Tatum Highlands homes are under contract. There were 111 sales in the last 12 months. If you're looking for a home in Tatum Highlands (click on the link then call for your personal viewings) you will need to be prepared to be fully approved with loan approval or have proof of funds if paying cash. And, you may need to be prepared to offer more than the current list price as many homes in Tatum Highlands are receiving multiple first day offers.
If you're a Tatum Highlands homeowner thinking about selling your home, contact me for your FREE personal market analysis of the CURRENT market in Tatum Highlands. It may be a great time to list your home for sale in Tatum Highlands.
Dominion Real Estate Partners, LLC
Helping you make informed decisions whether buying or selling homes in Scottsdale, Cave Creek and north Phoenix Arizona. I know the area - I live here.
A portion of all sales is donated to the various animal rescue and humane societies.
AZ license SA582226000