<<< back to article list

Villages Aviano New vs Old


  • +1

Blog by Doug Ingersoll | April 20th, 2016


The chart above shows the active condo listings in the 85050/54 area that makes up Desert Ridge.
Of the 14 active listings in the Villages at Aviano, 6 are new construction offered by Toll Brothers.
Check out this Villages appraiser report from MLS:
Fannie Mae 1004MC Statistics
Inventory AnalysisPrior 7-12 Months
04/20/2015 - 10/19/2015
Prior 4-6 Months
10/20/2015 - 01/19/2016
Current - 3 Months
01/20/2016 - 04/20/2016
Total # of Comparable Sales (Settled) 17 6 4
Absorption Rate (Total Sales/Months) 2.83 2.00 1.33
Total # of Active Listings 6 (Active on 10/19/2015) 10 (Active on 01/19/2016) 14 (Active on 04/20/2016)
Months of Housing Supply (Total Listings / Ab. Rate) 2.12 5 10.53
Median Sale & list Price, Dom, Sale/List %Prior 7-12 MonthsPrior 4-6 MonthsCurrent - 3 Months
Median Comparable Sale Price 286,500 269,250 306,950
Median Comparable Sales DOM 40 54 103
Note that 4 resale units have sold in the last 3 months. Six sold in the 3 month period before that. The absorption rate goes down with demand siphoned off
on new homes and new inventory.