Surprise, AZ Real Estate News

By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
Activity in the The Sun City Grand real estate market fell precipitously in September, although prices rose.  The number of homes sold in Grand for the month of September was down 34% versus August, and down 33% from last year.   The average sale price increased 4% over August and was up 11% year over year. The average days on market was 75, which is a 19% increase over August and 10% more than September 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.30 months, still a seller's market.  Currently there are 70 homes on the market in Grand and 54 under contract, which foreshadows a stronger market report in October. The 12 month moving average price $304,209, continues to edge up, 3% over 2017. Here are the latest stats for the month endi...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
Activity in the The Sun City Grand real estate market bounced back a little in August, although prices dropped a bit.  The number of homes sold in Grand for the month of August was up 7% over July, and was up 16% from last year.   The average sale price dropped 3% versus July, but was up 1% year over year. The average days on market was 63, which is a 19% increase over July and 32% less than August 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.67 months, still a seller's market.  Currently there 75 homes on the market in Grand and 45 under contract, which foreshadows another weak market report in September. The 12 month moving average price, $302,490 continues to edge up, 3% versus 2017. Here are the latest stats for the month ending 8...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 Activity in the The Sun City Grand real estate market continued to slide through July. Prices were flat too.  The number of homes sold in Grand for the month of June was down 16% versus June, and was down 46% from last year.   The average sale price was virtually the same as June, but was up 4% year over year. The average days on market was 53, which is a 17% decrease from June and 49% less than July 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.12 months, which signifies a strong seller's market.  Currently there are only 47 homes on the market in Grand and 42 under contract, which foreshadows another weak market report in August. The 12 month moving average price, $302,341 continues to edge up, 3% versus 2017. Here are the latest st...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Sun City Grand real estate market activity fell off in June, although prices continued to increase.  The number of homes sold in Grand for the month of June was down 43% versus May, and was down 36% from last year.   The average sale price was up 4% versus May and also up 4% year over year. The average days on market was 64, which is a 16% increase from May and 38% less than June 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.06 months, which signifies a strong seller's market.  Currently there are 56 homes on the market in Grand and 53 under contract, which foreshadows another weak market report in July, although the summer months tend to be slower in the adult communities. The 12 month moving average price, $301,228 continues to ...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Sun City Grand real estate market kicked up again in May.  The number of homes sold in Grand for the month of May was up 10% over April, and up 43% from last year.   The average sale price was down 2% versus April and up 14% year over year. The average days on market was 55, which is a 5% decrease from April and 41% less than May 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.23 months, which signifies a strong seller's market.  Currently there are 64 homes on the market in Grand and 52 under contract, which foreshadows a weaker June market report. The 12 month moving average price, $300,419 continues to edge up, 4% versus 2017. Here are the latest stats for the 31 days ending 5/31/18:Active Listings: 64 (Down 7% from Apr. '18)Homes...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Sun City Grand real estate market ratcheted up in April.  The number of homes sold in Grand for the month of April was up 37% over March, and up 18% from last year.   The average sale price was up 4% versus March and up 7% year over year. The average days on market was 58, which is a 18% decrease from March and 19% less than April 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.19 months, which signifies a strong seller's market.  Currently there are 69 homes on the market in Grand and 58 under contract, which foreshadows a weaker May market report. The 12 month moving average price, $296,985 continues to edge up, 3% versus 2017. Here are the latest stats for the 31 days ending 4/30/18:Active Listings: 69 (Down 21% from Mar. '18)Home...
Comments 2
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Sun City Grand real estate market remained flat in March to close out the traditional "Selling Season" in Sun City Grand.  The number of homes sold in Grand for the month of March was up 2% from February, but down 37% from last year.   The average sale price was down 2% versus February but up 2% year over year. The average days on market was 71, which is a 13% increase from February and 17% less than March 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.38 months, which signifies a strong seller's market.  Currently there are 87 homes on the market in Grand and 63 under contract, which foreshadows a weak April market report. The 12 month moving average price, $294,663 continues to edge up, 2% versus 2017. Here are the latest stats f...
Comments 0
By Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty, Sun City Grand in Surprise Arizona
(Leolinda Realty)
Sun City Grand Surprise ArizonaSun City Grand is an age restricted 45 plus active adult community located in Surprise, Arizona. It's all about lifestyle in Sun City Grand. Here homeowners enjoy the use of the two recreational facilities, four championship golf courses (owned and managed by the homeowners association), pickle ball courts, tennis courts, billiards, soft ball park, three driving ranges, putting and chipping greens, model train park, horseshoe area, and woodworking shop.As a homeowner you will have access to the social halls, multi-purpose rooms, outdoor and indoor fireplaces and the Cimarron Day Spa. There are indoor and outdoor pools and hot tubs.Sun City Grand Home for Sale Desert RoseSomewhere over the rainbow, you'll find a better home than this. Located in a block awa...
Comments 1
By Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty, Sun City Grand in Surprise Arizona
(Leolinda Realty)
Sun City Grand had another month of record home sales! 80 homes closed escrow in April. Eight homes on the golf course, sixty-eight homes off the golf course and four apartments in the La Solana. Average price per square foot for golf course homes is $211.71. The average price per square foot for homes off the golf course was $163.90.The two most popular Sun City Grand floor plans was the Madera with 2 bedrooms and a den and the Willow, both in the Del Webb Classic Series. Sun City Grand is an age restricted 45 or better active adult community located in Surprise, Arizona. Life in Sun City Grand hovers around two focal points, the two recreational facilities.  Here you will see residents and tenants participating in the plethora of community activities. The Village Center is surrounded ...
Comments 0
By Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty, Sun City Grand in Surprise Arizona
(Leolinda Realty)
Sun City Grand is an upscale age restricted community for those 45 or better. Located in Surprise Arizona, about 20 minutes west of Phoenix, Sun City Grand by Del Webb features all the desired activities that active adults desire. Homeowners and tenants enjoy the use of Sun City Grand's Four championship golf courses, numerous pickle ball courts, tennis courts, soft ball field, two state of the art recreation centers, billiards, Art Studio, Photography Studio and Four pools.Leolinda Bowers has listed another outstanding Sun City Grand home! Offering an up-scale Sonoran Desert style living in SUN CITY GRAND! Location, Location, Location; home has the PERFECT Sun City Grand Location!Pickle Ball Anyone? Here's the home for you! It's located a block away from the Cimarron pickle ball courts...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Sun City Grand real estate market slowed a bit in February, but still showed better than last year. The number of homes sold in Grand for the month of February was down 7% from January, and up 12% over last year.   The average sale price was up 3% versus January but down 5% year over year. The average days on market was 63, which is a 13% increase from January and 24% less than February 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.33 months, which signifies a strong seller's market.  Currently there are 113 homes on the market in Grand and 85 under contract, which bodes well for March's market report. The 12 month moving average price, $294,023 continues to edge up, 3% versus 2016. Here are the latest stats for the 31 days ending...
Comments 0
By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Distressed properties - those that are "under water" where more is owed on the property than will be available from the proceeds of a sale of the property - are thankfully far fewer than during the crash during the latter years of the previous decade. Still - some do exist - and Short Sales are still a viable option when faced with a "must sell" scenario of an "under water" property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in Surprise or another part of the valley, can still use our help. The first step is to contact us so we can schedule a complimentary confidential consultation to discuss how the short sale process works, and the considerations for your particular circumstances.   Careful up front planning is ...
Comments 0
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
 The Sun City Grand real estate market started 2018 on an up note. The number of homes sold in Grand for the month of January was up 7% over December, and up 40% over last year.   The average sale price was down 9% versus December and down 4% year over year. The average days on market was 56, which is a 23% decrease from December and 33% less than January 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.64 months, which signifies a strong seller's market.  Currently there are 118 homes on the market in Grand and 72 under contract, which bodes well for February's market report. The 12 month moving average price, $295,096 continues to edge up, 4% versus 2016. Here are the latest stats for the 31 days ending 1/31/18:Active Listings: 118Homes...
Comments 1
By Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate
(Long Realty West Valley)
The Sun City Grand real estate market finished 2017 with upward momentum heading into 2018. The number of homes sold in Grand for the month of December was up 44% over last year.   The average sale price was up 3% over November and up 7% year over year. The average days on market was 73, which is a 22% increase over November and 18% longer than December 2016.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.33 months, which signifies a strong seller's market.  Currently there are 105 homes on the market in Grand and 79 under contract, which bodes well for January's market report. The 12 month moving average price, $295,850 continues to edge up, 4% versus 2016. Here are the latest stats for the 31 days ending 12/31/17:Active Listings: 105Homes P...
Comments 0
By Sun City Grand Homes Surprise AZ Real Estate Leolinda Bowers Designated Broker Leolinda Realty, Sun City Grand in Surprise Arizona
(Leolinda Realty)
If you are visiting Arizona, here are some activities in and around the Phoenix Area.January 1: Arabian Horse Farm Tour in ScottsdaleJanuary 1: Festival of Lights in PhoenixJanuary 1 through April 30: Dinosaurs in the Desert at the Phoenix ZooJanuary 2: Friday Night out in Mesa at Main Street MesaJanuary 4 through 6: Polar Express at Grand Canyon RailwayJanuary 6 to 7: Discount Tire Free Family Weekend at the Phoenix Art MuseumJanuary 6 & 20th: Gilbert Art Walk in GilbertJanuary 7: Glendale Glitter & Glow Block Barty at Downtown GlendaleJanuary 7 and every Sunday - Sip & Shop Sundays at DeSoto Central MarketJanuary 12: City Lights Movie Night, City-Scape in Downtown PhoenixJanuary 13 & 14: Rock 'n" Roll Arizona Marathon in PhoenixJanuary 13, 14 & 15: Maricopa County Home & Garden Show a...
Comments 2
By Sun City Grand Homes; Surprise AZ Real Estate and Homes,Josee Plant Long Realty West Valley, Arizona Retirement Communities Specialist
(Long Realty West Valley)
View Listing Details at:   ArizonaVacationandSecondHomesListing DetailsSun City Grand Windsor20175 N Sojourner Dr, Surprise, AZ  85387Price: $499,900MLS number: 5675419Bedrooms: 3Bathrooms: 1.5Square Footage: 3389Call Josee Plant at 602-524-6586 to see if this property is still available and arrange a showing. Gorgeous remodel with new cabinets, counter tops, wood floors Elegant Windsor features many sought after upgrades. This home is move in ready and has never been lived in since the extensive remodel. Cultured stone compliments the home at entry. Plantation shutters. Antique walnut hardwood floors. 20inch tile in all the right places. 6inch baseboards. Mascarello 1-1/4inch grade 5 granite in kitchen, bathrooms,laundry & ledges. New lighting, fans & fixtures. Never used stainless dis...
Comments 0
By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While there are far fewer people these days considering a Short Sale of their home in Surprise, there are still some who may have purchased just before the "bust" last decade who may owe significantly more on the home than the proceeds of the sale will bring. What to do? A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 100 closed Short Sales with a 90%+ Short Sale List to Close ratio. Th...
Comments 2
By Surprise Arizona Realtor Jim Braun Sun City Grand Active Adult Communities, Surprise AZ real estate Phoenix West Valley
(Coldwell Banker Residential Brokerage Jim Braun Sun City Grand Az )
Homes sold Sun City Grand Surprise AZ November 2017Sun City Grand home sales for November totaled 55 homes. Of the 55 homes 7 were golf course homes with a sq ft range from 1909 sq ft to 3411 sq ft and a price range from $415,000 to $820,000. Non Golf course homes ranged in size from 1113 sq ft to 2691 sq ft and a price range from $189,000 to $475,000    MLS Address Address Sold Price List Price     Sq Ft Bed Bath                     1 5664860     15998 W Summerwalk DR $189,000 189,000 Willow 1,183 2 2 2 5637811     20965 N SEQUOIA CREST DR $196,500 196,500 Celebration 1,166 2 2 3 5641454     16204 W DESERT CANYON DR $197,000 204,900 Willow 1,113 2 2 4 5655417     18237 N SUMMERBREEZE WAY $200,000 205,000   1,427 3 2                     5 5626138     17800 N ESTRELLA VISTA DR $185,000 2...
Comments 0
By Tony and Suzanne Marriott, Associate Brokers, Haven Express @ Keller Williams Arizona Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the numbers of Short Sales and REOs in Surprise are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps. It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders. We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.   Circumstances such as: Multiple Home Loans IRS Income Tax Liens Past Due Child Support Past Due HOA Fees ...and the list goes on. I...
Comments 0
By Surprise Arizona Realtor Jim Braun Sun City Grand Active Adult Communities, Surprise AZ real estate Phoenix West Valley
(Coldwell Banker Residential Brokerage Jim Braun Sun City Grand Az )
Sun City Grand Homes sold October 2017 Surprise AZ   Sun City Grand properties sold included 4 La Solana condos, 1 Vacation Villa, 34 Single Family Detached non golf course homes and 1 Single Family Detached golf course home.Sun City Grand features 4 championship golf courses, 2 state of the art recreation centers with indoor outdoor pools and spas and a indoor walking track over looking the Phoenix skyline. Also you will find competitive softball, bocce ball, lawn bolling, pickelball, hiking, biking, billiards. You will also find in Sun City Grand Photography club, stained glass studio, ceramics, quilting, sewing, computer club, poker, bridge clubs, mojang and the list goes on and on. Sun City Grand is home to both retired and working residents that can enjoy this fantastic lifestyle a...
Comments 1