The Sierra Vista real estate market currently has about 800 homes for sale priced from $32,000 for a single-family home or manufactured property to $699,000 for a single-family home with three and four bedrooms, over 4000 ft.² of living space on a larger lot. Many of the higher-priced homes are located just outside of downtown. Many homes in downtown range between 300 and $400,000.
The market as of October, 2013 shows the average listing price of $196,000. The median sales price is down 7% over last year at this time of $152,000. The summer was a great summer for the Sierra Vista area since many folks were buying before school got back in session and before the interest rates rose. But now, interest rates are hovering just below the 5% Mark for well-qualified borrowers and home prices have started to plateau.
If you’re currently wondering what your home is worth, considering selling your home or would just like some numbers, call my office anytime. I would be happy to run the figures for you, you tips and suggestions from comparable sales in your neighborhood, or set up a listing presentation anytime.