Payson Agent's Blog: Market reports, Payson, AZ

Real Estate Statistics for Payson, AZ, for May, 2008

These stats are only for Payson, for outlying areas, please contact us.

Site-built homes:
22 sold through RE offices in May in Payson, at prices from $137,900 to a million.
-4 were under $200,000
-6 in the $200,000s
-5 in the $300,000s
-7 over $400,000

The average days on the market was 159

I checked the sold price versus the asking price, the following is the percentage of the asking price for which the house actually sold
-Payson NE 82%       
-Payson NW 90%
-Payson SE 87%
-Payson SW 97%

When the market was better the percentages were much higher. Even though prices have not dropped a lot in Payson, the homes are selling for a good bit under the asking price.

Manufactured homes:
NO…