So far as of December 24, 2010 there have been 266 sales in Power Ranch Arizona. 96 of these sales were foreclosure homes representing 36% of all sales. The average sales price was $197,647 which on average varied 1%; however, this average is a bit misleading because some homes sold for 29% less than list price and others sold for 17% more than list price. The average size of the homes sold was 2,323 s.f. which represents an average sales price per square foot of $85. Would you like to search for Power Ranch Homes for sale on the MLS
As of December 24 2010 there are 143 active listings in Power Ranch Arizona. the average list price is $171,932 and the average size of the Power Ranch homes for sale is 2,178 s.f. which translates to $79 per square foot. 33 of the 143 listings are bank owned which represents 23% of all listings.
The number of short sales and foreclosures are so great that the differences in prices between private sales and bank owned sales in negligible.
At $79 a square foot Power Ranch Arizona is a great buy when you consider the age of the subdivision, its location and amenities. These costs are often below builder cost and for someone who has a holding period greater than 3 years - they can get a handsome return on their investment.
