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Queen Creek Information
Welcome > Local Info > Queen Creek Information ...

About Queen Creek, AZ Real Estate 

About Queen Creek: It is important to know that the mailing address of Queen Creek is a large area that includes both Maricopa County and Pinal County, however the true Town of Queen Creek is only in Maricopa County. The Pinal County area only uses the name Queen Creek for mailing address purposes and was technically an unincorporated area of Pinal County until just recently. When the post office announced a change in zip codes for the area the citizens of the area came together and 1953 ballots were cast in an effort to unify just under 80,000 citizens. The name that was chosen with a 21.08% majority vote was San Tan Valley. Home owners of this area do not have the same services included in their property taxes as you do in the city limits of Maricopa Queen Creek. Such services as fire and emergency services, city water and sewer to name but a few are available through private companies. Rural Metro for Fire & Ambulance service would be billed separately to home owners in the San Tan Valley, Pinal County area if they so chose to subscribe and there are a variety of different water companies there depending on the sub division the home is located in. As such the prices are typically more expensive in the Maricopa Queen Creek area that that of homes in Pinal County San Tan Valley which you will see in the market stats below which we have broken out the numbers and shown them by County. 



Maricopa County Queen Creek Real Estate Market Stats: There were a total of 445 closed sales from August 1st to January 31st in 2009 compared to 311 in January 1st to to June 30th of 2008. The average selling price for that period was $233,675 compared to an average selling price of $267,992 for the same period in 2008, a percentage drop of 13%. The average sales price per square foot was $82.52 compared to $104.48 for the same period in 2008. The average number of days a house was on the market was 85, compared to 108 days for the same period in 2008. Currently there is a 3.6 month supply of inventory with 265 houses on the market for sale as of 07/09/09. With prices down so low and interest rates very favorable plus the $8000 first time home buyer tax credit, it is a great time to buy if you know where to look. As real estate experts in Queen Creek AZ, my team and I are here to help you find a great property at a great price, please contact us today for an up to date market report or a list of bank owned foreclosed homes
 

Pinal County Queen Creek (San Tan Valley) Real Estate Market Stats: There were a total of 1938 closed sales from January 1st to June 30th of 2008 compared to 1233 from January 1st to June 30th of 2008. The average selling price for that period was $110,291 compared to an average selling price of $152,764 for the same period in 2008, a percentage drop of 28%. The average sales price per square foot was $54.98 compared to $78.07 for the same period in 2008. The average number of days a house was on the market was 68, compared to 89 days for the same period in 2008. Currently there is a 3.9 month supply of inventory with 671 houses on the market for sale as of 07/10/2009. With prices down so low and a reduced supply of homes we have been seeing multiple offers on many homes in this area. If you are thinking of buying a home in Queen Creek you need a skilled agent who knows the market and knows how to negotiate the sale more than ever right now. Affordability is right here, right now. No other time in history have you been able to purchase a home as a first time home buyer and receive up to $8000 back as a tax credit! Call me to find out how you can take advantage of these historic times.  

Basic Queen Creek Information: 

Founded: 1949 Distance to Major Cities: Phoenix: 38 miles
Incorporated: 1989 Tucson: 75 miles
Elevation: 1403
Located in: Maricopa County
Nearby Highways: I-10, US 60, Loop 202
2007 Population: 22,264
Planning Area: 26 square miles
Annual Average Rainfall: 9.68 inches
Average Temperature (High/Low) January 64/39 April 84/51 July 104/76 October 86/57
Median Age: 30.9
Median Household Income: $63,700
Average Household Size: 3.56
Queen Creeks New Zip Codes: 85142, 85140, 85143
The old zip codes began with "851--" 

Sources: Arizona Department of Economic Security and US Census Bureau.  

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Real Estate Tips
Interest Rates >Locking in Loan Rates

It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.

While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.

The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.

Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.

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Real Estate Trivia
Q 
What is the largest city square in the world?

A 
Located in Beijing, China, Tianamen Square, called the "Gate of Heavenly Peace", covers 98 acres.
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Sheryl Robinson, REALTOR®, real estate agent and broker for Gilbert, Queen Creek and Chandler, Arizona home listings, property and land for sale - NUMBER1EXPERT

Sheryl Robinson
Home Key Realty

18711 E Pine Valley Drive
Queen Creek, AZ 85142
Direct: 602-614-0416
Fax: 480-248-2155
sheryl@HomeswithSheryl.com

Looking to buy or sell a home in Chandler, Gilbert or Queen Creek AZ? Look no further. Sheryl Robinson is an Associate Broker with Home Key Realty specializing in these three Phoenix East Valley cities and is also a short sale specialist. Contact Sheryl today for a FREE home location tool or FREE home price evaluation and to further discuss you real estate needs.

REALTOR Equal Housing


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