Homes Sold in San Tan Heights Neighborhood San Tan Valley

Are you looking for a list of homes sold in San Tan Heights? Do you own a home in San Tan Heights and are you wondering how much the property is currently worth? If you are thinking about listing your home for sale in San Tan Heights, then please don’t hesitate to reach out to us for a FREE Market Analysis. Are you thinking about buying a home in the neighborhood and you are curious about home prices? We are very knowledgeable about the neighborhood and have sold many homes in San Tan Heights over the years as both buyer’s agents and seller’s agents. We would love to help you sell or find the perfect home for you in San Tan Heights or the surrounding communities in Queen Creek and San Tan Valley.

We don’t know if it is the construction on Hunt Hwy or if homes are just super hot in San Tan Heights, but it is going nuts in there right now! It is definitely a seller’s market. We know this because the month’s supply inventory or absorption rate is very low, under 2 as a matter of fact.  To give you some perspective, there was a 13 month supply when the market crashed in 2009. That was a crazy buyer’s market as the prices of the homes dropped through the floor. We have been seeing the San Tan Heights neighborhood recover over the past few years, and we are now seeing prices rise and sellers have more flexibility.  There are 44 homes on the market in this total neighborhood of 3800 homes! We are closing an average of 34 homes each month. So, at this rate, if no new homes entered the market, you would only have a 1.5 month supply. Great news for you patient sellers!

Homes Sold San Tan Heights October 2016

Click on the Market Summary Report below for more detailed information on recently sold homes in San Tan Heights in addition to homes for sale in San Tan Heights. For more information on the neighborhood, including schools, utilities and amenities, please visit:

San Tan Heights | San Tan Valley 

san-tan-heights-market-summary-september-2016

If you are a home buyer, then the absorption rate (months supply inventory) 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, then we consider that a “seller’s market” meaning there are fewer homes on the market for sale and therefore less competition for sales in the neighborhood. In a “seller’s market” a home seller may decide to price their home more aggressively based on the limited supply of homes on the market.

4 – 7: An absorption rate anywhere between 4 and 7 indicates a more balanced market where neither buyers or sellers have the upperhand. Homes that are priced well and show well will still sell relatively quickly in a balanced market.

7+ : An absorption rate greater than 7 tells us that there are more than 7 months worth of inventory of homes for sale in that neighborhood which will indicate a “buyer’s market.”

We are full-time, experienced Realtors working in Queen Creek and the surrounding areas.  With decades of East Valley real estate experience under our belts,  we are here to answer any questions you may have.  Please do not hesitate to reach out to April Anderson at 480.272.1977.

We’re looking forward to hearing from you soon!

April Anderson

United Brokers Group
21321 E Ocotillo Rd F113
Queen Creek, AZ 85142