Buying In Arizona

Canadian Buyers

Canadians Frequently Ask . . .

What are some of the responsibilities for REALTORS® regarding disclosures to a buyer and seller?

Are lawyers required in Arizona?

What restrictions are there for Canadian buyers purchasing homes in Arizona?

Can Arizona lenders provide financing for Canadian buyers?

What is escrow / title?

What is earnest money?

What are buyer costs at close of escrow/possession?

What are the fees associated with BUYING a property in Arizona?

What is the seller required to disclose to the buyer regarding the property?

What type of inspections and time frames are needed?

What is the difference between a short sale and foreclosure?

Will Canadian buyers be subject to capital gains tax when they sell their Arizona property?

What taxes are foreign persons or a non-resident aliens required to pay?

Will Canadians pay tax on rental income generated from Arizona investment property?

For answers to these and other questions, please click HERE

Property Type Year to Date Activity Report
For 01/01/2011 To 11/11/2011
City/Town Code	Current Active	Under Contract	Sold	Sold Volume	Average Sales Price	Actual Days on Mkt	Cumulative Days on Mkt	% of List Price	Months Supply of Homes
Ahwatukee	4	1	10	$1,641,425	$164,142	99	110	91.2	3.2
Anthem	217	62	554	$121,623,626	$219,537	87	96	97.9	3.1
Apache Junction	258	95	774	$70,683,056	$91,322	111	124	97.5	2.7
Avondale	344	224	1671	$165,576,924	$99,089	83	96	98.7	1.6
Buckeye	568	255	2057	$208,126,692	$101,180	99	114	98.4	2.2
Carefree	129	4	109	$58,742,150	$538,919	187	216	94.5	9.5
Casa Grande	336	129	1134	$104,419,531	$92,081	94	106	97.2	2.4
Cave Creek	283	75	643	$206,510,054	$321,166	125	148	96.9	3.5
Chandler	1229	595	4632	$855,211,085	$184,631	92	107	97.8	2.1
Desert Hills	9	2	21	$6,719,950	$319,998	126	125	97.2	3.4
El Mirage	163	115	828	$56,495,573	$68,231	89	99	99.3	1.6
Fountain Hills	413	73	686	$220,145,851	$320,912	150	174	95.5	4.8
Gila Bend	3	0	10	$480,450	$48,045	141	141	91.5	2.4
Gilbert	1214	590	4783	$877,417,966	$183,445	92	108	98.2	2.0
Glendale	1021	651	4954	$538,299,640	$108,660	81	94	98.3	1.6
Goodyear	660	265	1892	$286,835,547	$151,604	96	109	98.1	2.8
Laveen	272	176	1374	$154,893,324	$112,732	96	110	98.4	1.6
Litchfield Park	178	90	639	$114,082,239	$178,532	98	113	97.9	2.2
Maricopa	512	261	2367	$222,018,505	$93,797	93	107	98.7	1.7
Mesa	2257	1012	8126	$1,007,169,224	$123,944	99	114	97	2.2
New River	76	24	189	$35,548,236	$188,086	105	127	97.9	3.2
Paradise Valley	323	30	390	$464,282,360	$1,190,468	207	245	92.6	6.6
Peoria	940	457	3630	$563,323,021	$155,185	94	111	97.8	2.1
Phoenix	5660	2893	22959	$2,704,197,053	$117,784	92	106	101.3	2.0
Queen Creek	334	176	1455	$221,464,464	$152,209	91	102	98.6	1.8
Rio Verde	150	6	75	$26,455,296	$352,737	252	278	90.7	16.0
San Tan Valley	519	360	2637	$255,695,874	$96,965	86	98	98.8	1.6
Scottsdale	3118	687	6833	$2,572,259,138	$376,447	138	161	95.7	3.7
Sun City	710	133	1372	$132,970,433	$96,917	133	151	94.7	4.1
Sun City West	510	87	894	$144,947,139	$162,133	122	144	94.6	4.6
Sun Lakes	249	48	361	$70,172,984	$194,385	133	151	94.8	5.5
Surprise	1152	422	3587	$484,628,327	$135,107	100	112	98.1	2.6
Tempe	481	205	1900	$277,127,529	$145,857	102	119	96.8	2.0
Tolleson	209	167	1008	$86,942,807	$86,253	91	103	99.1	1.7
Waddell	90	26	285	$47,296,607	$165,953	102	119	98.1	2.5
Wickenburg	189	16	114	$23,294,585	$204,338	248	274	92.3	13.3
Wittmann	62	23	183	$22,190,883	$121,262	125	134	98.5	2.7
Youngtown	21	16	171	$10,077,351	$58,932	83	93	97.9	1.0

*All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.*

Property Type Year to Date Activity Report
For 01/01/2011 To 9/8/2011
City/Town Code	Current Active	Under Contract	Sold	Sold Volume	Average Sales Price	Actual Days on Mkt	Cumulative Days on Mkt	% of List Price	Months Supply of Homes
Ahwatukee	6	0	7	$1,149,425	$164,204	97	110	90.8	6.9
Anthem	180	69	464	$101,846,375	$219,496	85	95	98.0	3.1
Apache Junction	262	98	635	$57,977,475	$91,303	112	125	97.4	3.3
Avondale	310	272	1368	$134,446,153	$98,279	85	98	98.4	1.8
Buckeye	568	297	1698	$172,403,289	$101,533	100	115	98.1	2.7
Carefree	106	7	97	$51,256,650	$528,419	187	215	94.2	8.7
Cave Creek	284	94	497	$160,897,663	$323,738	127	151	96.7	4.6
Chandler	1250	626	3746	$698,387,035	$186,435	93	109	97.6	2.7
El Mirage	173	121	677	$45,217,899	$66,792	91	101	99.0	2.0
FortMcDowell	7	1	4	$2,326,000	$581,500	260	331	96.5	14.0
Fountain Hills	356	58	584	$195,390,587	$334,573	154	179	95.1	4.9
Gilbert	1210	648	3871	$711,497,417	$183,802	93	110	98.0	2.5
Glendale	1062	740	3987	$429,340,795	$107,685	83	97	98.1	2.1
Goodyear	638	253	1551	$234,652,319	$151,291	96	110	97.9	3.3
Laveen	319	232	1111	$125,956,019	$113,372	96	111	98.2	2.3
LitchfieldPark	181	92	533	$95,375,569	$178,941	99	114	98.0	2.7
Maricopa	475	299	1988	$184,367,398	$92,740	95	109	98.6	1.9
Mesa	2209	1089	6585	$818,396,551	$124,282	101	116	96.7	2.7
New River	78	30	144	$26,880,385	$186,669	106	127	97.7	4.3
ParadiseValley	294	37	324	$383,772,869	$1,184,484	213	250	92.5	7.3
Peoria	953	494	2953	$460,631,401	$155,988	96	113	97.7	2.6
Phoenix	5912	3167	18530	$2,166,025,195	$116,893	94	109	102.0	2.6
Queen Creek	350	197	1197	$180,049,816	$150,418	93	104	98.3	2.3
RioVerde	96	10	64	$23,211,796	$362,684	283	311	91.0	12.0
San Tan Valley	550	327	2164	$206,700,370	$95,518	88	101	98.7	2.0
Scottsdale	2919	729	5591	$2,117,066,264	$378,656	141	165	95.6	4.2
Sun City	605	138	1115	$109,688,555	$98,375	137	157	94.7	4.3
Sun City West	378	86	736	$120,394,950	$163,580	129	150	94.6	4.1
SunLakes	196	26	307	$60,565,134	$197,281	139	158	94.6	5.1
Surprise	1013	478	2911	$396,867,311	$136,334	102	115	97.8	2.8
Tempe	509	255	1507	$221,977,645	$147,298	104	122	96.6	2.7
Tolleson	206	191	824	$70,787,463	$85,907	93	106	98.8	2.0
Waddell	99	43	222	$36,986,919	$166,608	101	117	98.1	3.6
Wittmann	63	30	151	$18,422,777	$122,005	124	135	98.0	3.3
Youngtown	20	21	142	$8,469,054	$59,641	88	97	97.7	1.1

*All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.*

tel: 403-309-5000

JimMcLeod

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Buying In Arizona

Canadian Buyers