Ironwood Crossing Real Estate Market Report
By Karen Berg, Experience Matters!
(Queen Creek Realtor, San Tan Valley Realtor, United Brokers Group (602)919-2375)
Ironwood Crossing Real Estate Market Report The real estate market in Ironwood Crossing is steady as we begin 2015. Sold home prices in 2014 decreased just slightly by 0.9% from the previous year and the average sold price for 2014 was $219,910. The days on market moved down slightly from November. The absorption rate for December was 7.62 and this number tells us that we are currently experiencing more of a “buyer’s market” in the Ironwood Crossing neighborhood. If you are a home buyer, then the absorption rate will be important for you to consider when writing an offer on a home. If you are a home seller, then the absorption rate will be important for you to consider when pricing your home for sale. Absorption Rates Defined: 1 – 4: If the absorption rate falls in the range of 1 to 4, ...