Just some numbers for Paradise Valley real estate. I had to run a Comparable Market Analysis (CMA) for a client interested in Paradise Valley today so I thought I would show you how a CMA can look.
The image is hard to read but if you click on it you get the full size version.
The CMA above is just everything thats happening in Paradise Valley right now or over the last year.
I’m not gong to break down what all the figures mean in this post although I have added that to my list of upcoming post ideas. But I want to point out one thing. Well priced houses sell, and sell faster. Let’s see why.
Cumulative Days on The Market in this CMA for Active Homes: 297 Pending Homes: 126 Closed Homes: 204.
Average list price per square foot in this CMA for Active Homes: $381.85 Pending Homes: $245.49 Closed Homes: $262.04.
Price is not the only determining factor of how long a house takes to sell but those figures above show me that the corollary is very significant.
If you would like a CMA done on either your specific home or a subdivision you are interested to move to feel free to let me know and I’ll mail you one right back 🙂