We're nearing the end of September so we're starting to get a feel for numbers in the Payson real estate market. Right now there have been 21 residential closes in Payson itself. The average sale price has been $239,660. Eight of those sales have been foreclosures which fits the rate we've been seeing of roughly 30-40% of sales being foreclosures.
The highest price sale was $800,000 for a home in Rim Club, but a closer shows that this was not a standard sale. As has been the case lately with higher end homes, this was sold via exchange. The next highest price obtained for a Payson area home was $700,000 for a 5,279 square foot home in the luxury Chaparral Pines community. The lowest price Payson home sale? $59,500 for a fixer upper that was under 800 square feet on nearly a half acre in the heart of Payson.
Need more Payson real estate information. Clink on this link: Payson Real Estate. Search for listings and get other real estate information, including the latest edition of the Zane Grey Country Times.
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