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Litchfield Park Home Sales Report For Late Summer 2011

Friday, August 26th, 2011 at 9:07pm. 397 Views, 0 Comments.

Litchfield Park just like most cities in Greater Phoenix have experienced a run on properties without a resupply, reducing the inventory to long time lows. At this point there are only 169 properties for sale and 72 sales in the last 30 days, bringing the supply of Litchfield Park homes to only 2.3 months.

litchfield_park_home_sales_563

[ Graph: The Cromford Report ]

None the less the monthly sales and average annual sales prices are down. Long term appreciation is down to a negative 1.9% annually, meaning homes purchased in 2001 are down at a rate of 1.9% over the last decade.

View Litchfield Park homes for sale.

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