Phoenix Solar Home Sales February 2019
Phoenix area solar home sales continue decreasing in volume in the Phoenix area according to recent data from the Arizona Regional Multiple Listing Service (ARMLS) from January 1st to January 31st 2019.
Phoenix Solar Sales in General
There were a total of 194 solar home sales in Maricopa County for the month of January, down 6.2% from the previous month. Homes with a solar leases (whether monthly lease payments or prepaid monthly solar leases) accounted for 116 of the sales while homes with solar owned electric systems accounted for the balance of 78 of the Phoenix area solar home sales in January 2019.
Median Price for Phoenix Solar Homes
The median price for a solar home in January in Phoenix rose to $309,950, up from the $292,450 seen in December. Leased solar homes had a median price of $289,950 while the median price for a solar owned home was $352,420. The median price for a single family residence in Maricopa County in January was $290,000.
Marketing Time for Solar Homes
The median days on the market for a resale home in Maricopa County was 50 days in January. Solar in general slightly underperformed the average market with an median time to sell at 57 days (up from December). Phoenix homes with a solar owned system took a median of 56 days while Phoenix area homes with solar leases was 58 days. The average days on the market for a solar home in Maricopa County was 72 days versus a market average of 57 days (solar leases had an average market time of 73 days while solar owned was 70 days).
Considering selling a home with solar? Want to know how much additional value solar adds to your home? Give Rob, the Solar Home Broker, a call at 480-888-1234!