Phoenix, AZ Real Estate News

By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for December 2021:  After a slight decrease in the average sales price of Phoenix homes last month, the average sales price markedly increased in December reaching a new all-time high of $539,734. The average sales price of Phoenix homes continued its upward trend throughout 2021.At the same time, the average sold price per square foot dropped slightly, down from $275/sf in November to $273/sf for December. This is only the second monthly decrease in sold price per square foot since March of 2020 (almost two full years). After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes has increased for the sixth straight month and is now up to 33 DOM for December. Even though days to ...
Comments 0
By Ron & Kristina Wilczek, Trustworthy, Professional, and Dedicated to You
(Metro Phoenix Homes)
The real estate market is still hot across the entire United States, and Phoenix is certainly no exception. But just how hot is the Phoenix housing market to begin 2022? We’ll provide statistics directly from the Arizona Regional Multiple Listing Service (commonly known as the “MLS”) through the end of December 2021 in this installment of our Monthly Phoenix Real Estate Market Update.Bookmark this page https://www.valleywidehomes.com/monthly-phoenix-real-estate-market-update/  and return every month for the latest updates.High Sales2021 set a new record with the highest total sales in any year — 110,486! The previous high was set in 2020 with 105,376 followed by 2005 with 104,133. Additionally, from 2000 to 2020 we’ve experienced only five months with sales over 10,000. However, there w...
Comments 0
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for November 2021:  After a nice increase of $21,191 in October, the average sales price of Phoenix homes slightly decreased $1,778 in November bringing the average sales price to $523,062. This is only the third decrease all year, but November has seen a drop in average sales prices in three of the last four years so it is not unusual. At the same time, the average sold price per square foot increased for the fourth straight month, from $274/sf in October to $275/sf in November. After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes has increased for the fifth straight month, and is now up to 32 DOM for November. Click on the image below to read the full article, and see wh...
Comments 2
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
The year 2021 will be remembered as a frenzied housing market with love inventory, quick sales, and rising prices.   Many market across the country are experiencing more inventory and a change in market conditions.  Arizona is unique in that job growth and migration are contributing to demand and rising prices.    Statistics are provided courtesy of subscription to the Cromford Report for information specific to Maricopa County, Phoenix, Arizona.   Inventory shown here week by week as compared to 2020 shows more inventory in general, until the final week of the year.  Total housing inventory, means condos, lofts, mobile homes, town homes and single family homes.  Total inventory in the final week of 2021 is 5,397,  fewer than 2020.  Notice that 2022 is starting out with even fewer listi...
Comments 2
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for October 2021:  The average sales price of Phoenix homes increased in February through June, and again in August. After decreasing in September, the average sales price of Phoenix homes increased another $21,191, reaching $524,840 in October. At the same time, the average sold price per square foot increased for the third straight month, from $266/sf in September to $274/sf this month. After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes has increased for the fourth straight month, and is now up to 29 DOM for October. Click on the image below to read the full article, and see what is going on in the Phoenix Arizona real estate market.   Feel free to reach out to me if y...
Comments 0
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Living in dusty Phoenix, I've heard rumors that dust has an effect on solar panel power production.   It stands to reason that a layer of dust might diminish the sun's rays from being absorbed completely by the panels.   So the big question is, do solar panels work when they get dirty?  Panels can collect more than just dust.  Birds might find a spot to perch above an array, adding a layer of "you know what."  That layer of "you know what" can accumulate and reduce a panel's production.   Between that and dust, efficiency can be impacted.  But how much of a reduction in power?     Now that apps have been created that show the power generation for each panel at the push of a button, it can be easier to track.  Power production can be tracked for a daily or monthly average.  Comparing tha...
Comments 14
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Visiting my daughters about six times a year means travel.  None of them live in Arizona so visiting includes lots of planning and airline flights.   On my  plane rides, it’s typical for me to bring a variety of reading materials.    On a recent trip I brought a book that has been in the drawer of my nightstand for 2 years.  Now is the time I figured to pull it out and bring it along. The book I brought was given to me by a past President of the Scottsdale Area Association of REALTORS® during my first full year as a Director.   The book is “Leadshift” by John C Maxwell.   This past Director has served a variety of positions for the National Association of REALTORs®, Women’s Council of REALTORs® as well as the local association.  She’s an amazing leader and inspires others with her words...
Comments 4
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
Do you want to live in Arcadia neighborhood in Phoenix? Many people do. Here are November 2021 Arcadia in Phoenix Arizona Homes for Sale on the MLS and always up to date right here! The Arcadia neighborhood of Phoenix Arizona is immediately to the west of Scottsdale and south of Camelback Mountain and characterized by beautiful traditional homes and estates many with green lawns (irrigated area), large lots and custom homes with traditional themes. See Arcadia in Phoenix Arizona Homes for Sale, named after the utopian or paradise theme of "Arcadia" in mythology, presents a plesant and green alternative from many desert cities in the Southwest. If you are visiting Scottsdale you may have noticed those large homes south of Camelback Road in the area of Camelback Moutain and north of India...
Comments 2
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
The rumor mills are filled with a lot of speculation in national and local attention-getting headlines about the housing market.  Some of them point to a softening market while others are predicting more of a normalized market for next year.   While no one has a crystal ball, it's a good idea to keep a pulse on the market to know how buyers and sellers are reacting to the news and the housing market.  Following the pending price per square for housing data can assist buyers and sellers make important real estate decision. Reports are published using the Cromford Report market data and are by subscription so please do not copy.  Active inventory is still very low in the Phoenix area.  As you can see from this report, as of 10/30/21, inventory is still lower than the previous four years w...
Comments 12
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for September 2021:  The average sales price of Phoenix homes increased each of the first five months in 2021. After decreasing in July and increasing last month, the average sales price of Phoenix homes decreased by just over $1,200, to $503,676 in September. At the same time, the average sold price per square foot increased from $261/sf in August to $266/sf this month. After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes has increased for the third straight month, and is now up to 25 DOM for September. Click on the image below to read the full article, and see what is going on in the Phoenix Arizona real estate market.   Feel free to reach out to me if you have any quest...
Comments 4
By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
Look no further than 16824 S 12th Way, Phoenix, z  85048Incredible hillside home with pool in highly desirable Ahwatukee located on a cul-de-sac lot. First-floor master suite. 3 car garage. 3 bedrooms upstairs plus an amazing loft area. Beautiful floor plan w/ vaulted ceilings, plantation shutters & upgraded fixtures throughout. Amazing open kitchen w/ stainless steel appliances (frig included), large pantry, high-end granite countertops & backsplash. Wonderful island/breakfast bar, great for entertaining! The spacious master suite has patio and mountain views. The bathroom features double sinks, custom tile shower, and a tub. Don't miss the two generous walk-in closets. Amazing loft with balcony access to enjoy the unobstructed views of South Mountain.The backyard has a covered patio, ...
Comments 2
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
A longtime friend of mine shared a mobile veterinarian service, "Valet Vet."  His daughter works there and the company is 100% female owned and operated. Looking at their site, I was very impressed with the level of expertise and experience!   Their Yelp reviews are impressive! https://www.yelp.com/biz/valet-vet-mobile-veterinary-services-phoenix If you're looking for mobile vet care - this looks to be a great company with excellent, caring service!   If I had a pet, I'd want that level of care :)  They do have a physical address where specific services are performed, but all are able to come to you in your home to service the needs of your pet.    
Comments 11
By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
Great 2 Bedroom / 2 Bathroom Condo$210,000 The kitchen has plenty of cabinets as well as a breakfast bar.  New stove, dishwasher, microwave, granite counters, under-mount stainless sinks & new refrigerator to be installed week of October 4, 2021, and conveys!Second-floor corner condominium on Cul de sac. Mountain Views in front of the building. Nicely updated 2 bedrooms + 2 bathrooms units located in desirable Central Phoenix. All New windows in the unitNicely updated bathrooms! The Master bathroom has double vanities.Open Floor plan. Breakfast bar in addition to the dining area. Low maintenance laminate wood flooring. (no carpet!) Roomy Master suite with walk-in closet. New Water heater,   Great for first-time homebuyers or investors! Nice community pool. This place has it all! Near hi...
Comments 3
By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
Hard to Find single level condo - 2 bedrooms / 2 bathrooms$175,000Perfect for winter visitors and first-time buyers! Open floor plan.  Roomy living room with separate dining area.The kitchen has plenty of cabinets as well as a breakfast bar.  New stove, dishwasher, granite counters, under-mount stainless sink.  Refrigerator conveys!NEW WINDOWS THROUGHOUT!Updated bathrooms.  No CARPET! The unit is across from the community pool. Shared garage.  Contact the Shirley Coomer Group at Keller Williams Realty Sonoran Living  Call or Text: 602-770-0643 for more Real Estate Information.
Comments 3
By Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az
(Keller Williams Realty Sonoran Living)
Central Phoenix Condo -1st Floor -$150.000! You don't want to miss this lovely one-bedroom / one-bathroom condo, priced at only $150.000. Perfect for winter visitors and first-time buyers! Open floor plan. Refrigerator conveys! Roomy living room with separate dining area. The kitchen has plenty of cabinets as well as a breakfast bar. Inside laundry with stacked washer/dryer included. Full bathroom, and a nice sized bedroom.  Refrigerator, Washer, and Dryer included (inside laundry) Home is on a cul de sac. Complex features a community pool & assigned covered parking. Additional storage in carport. Close to Acacia Branch Library, Lil Miss BBQ, Planet Fitness, & an easy commute to downtown. Close to highly desirable Sunny Slope HS.Contact the Shirley Coomer Group at Keller Williams Realty...
Comments 2
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for August 2021:  After decreasing in July, the average sales price of Phoenix homes increased over $5,800, to $510,816 in August, breaking the previous all-time high from June. At the same time, the average sold price per square foot remained the same as in July, at $261/sf. After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes increased by one day in July and August, and is now up to 25 DOM. Click on the image below to read the full article, and see what is going on in the Phoenix Arizona real estate market.   Feel free to reach out to me if you have any questions about home buying, selling, or investing in the Phoenix Metro or East Valley areas. Just give me a call or te...
Comments 2
By Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI, Arizona Homes and Land Group/ Buy or Sell
(HomeSmart Real Estate)
The Arcadia neighborhood of Phoenix Arizona is immediately to the west of Scottsdale and south of Camelback Mountain and characterized by beautiful traditional homes and estates many with green lawns (irrigated area), large lots and custom homes with traditional themes. See the current and always up to date Arcadia in Phoenix Arizona Homes for Sale, named after the utopian or paradise theme of "Arcadia" in mythology, presents a plesant and green alternative from many desert cities in the Southwest. If you are visiting Scottsdale you may have noticed those large homes south of Camelback Road in the area of Camelback Moutain and north of Indian School you are in Arcadia. General borders are east of 44th Street and west of Scottsdale Road. Take a Saturday and drive through the beautiful ne...
Comments 1
By Shanna Day Team Leader AZ & UT - Call 480-415-7616, Top 0.33 of 1% of 79,000 AZ Realtors
(Keller Williams Realty EV (AZ) & Keller Williams SLC (UT))
So How Do You Find Your Dream Home When There Are Fewer Homes For Sale?Today’s low housing inventory is the result of several major factors, but you can still find home buying success in this market with the right expert guidance. Our team usually has insight into buying properties that aren't even on the market yet - giving you the first opportunity to make an offer without competing against other bidders. Call 480-415-7616 to see if we have "would-sellers" in a neighborhood you are looking to buy in! Get Your Home Sold With The Shanna Day Team Beautify/Ready To Sell Program!      Click here to view all of the Shanna Day Team Featured Listings FUTURE QUESTIONS If you have any topics or questions you would like answered, contact The Shanna Day Dream Home Team - we’ll find the answers fo...
Comments 0
By Jan Green, HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN
(Value Added Service, 602-620-2699)
Do You Have a Green Home in Phoenix, AZ?    Nearly everyone has heard the phrase “Green Home.”  But what does it mean?  Does it mean the color green?  Does it mean that it smells green?  Maybe, but that phrase also includes energy efficiency, lower utility costs and added comfort. A Green Home in Phoenix, AZ can have several aspects of the above three categories.  Energy Efficiency that results in lower utility costs can include: Energy Star Appliances Programmable Thermostat14 SEER or Higher SEER HVAC systemSmart System Components Extra (blown in, radiant barrier, spray foam) insulationSealed DuctworkEnergy Star, Heat Pump,  or a Tankless Water HeaterLow-E windowsVariable Speed Pool Pump(To name a few)Added comfort might include:Consistent heating/cooling temperaturesBetter indoor air ...
Comments 3
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(Good Company Real Estate)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for July 2021:  The average sales price of Phoenix homes decreased over $4,400, to $504,936 in July, after reaching an all-time high in June. At the same time, the average sold price per square foot increased from $257/sf in June to $261/sf in July. After reaching a record low of 23 days on market over the last two months, days on market for Phoenix homes in July increased just one day to 24 DOM. Click on the image below to read the full article, and see what is going on in the Phoenix Arizona real estate market.   Feel free to reach out to me if you have any questions about home buying, selling, or investing in the Phoenix Metro or East Valley areas. Just give me a call or text at 602-295-6807 and I will be glad to h...
Comments 4
Explore Phoenix, AZ
Phoenix, AZ Real Estate Professionals