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Small Homes near Downtown Phoenix in Big Demand - October 2016

By
Real Estate Agent with HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 SA585680000

This is a residential real estate market activity review for the month of October 2016 in Phoenix zip code 85006. This area of 4 square miles is close to downtown Phoenix and attractive to people who enjoy convenience and style more than living space. The area includes several historic districts: Coronado, Brentwood, Garfield, North Garfield and Country Club Park. Geographic boundaries are between Van Buren Rd and Thomas Rd (South and North) and between 24th Street and 7th Street (East-West).

Updated homes under 1,000 square feet sold this month for around $300 per square foot. Looking at the table summary, which is sorted by price per square foot, we can see that the top four of the list are homes  between 680 sq. ft. and 914 sq.ft.

Residential Sales in Phoenix AZ 85006 for the period September 30, 2016 - October 30, 2016

Source: ARMLS, 30 October, 2016

The link below provides a quick glimpse of homes under 1400 square feet currently offered for sale in the area. The highest asking price per square foot has increased dramatically. Will the month of November show that more people will be willing to choose smaller homes and possibly simpler lifestyle?! Please stop by next month for the monthly review.

Homes under 1400 square feet for Sale in Phoenix 85006 

Posted by

Steffy Hristova, MBA, SFR, CNE, Realtor®

HomeSmart Elite Group
Tel:  (602) 710-8161

10601  N. Hayden Rd. I-100
Scottsdale AZ 85260

                                                           http://www.talktosteffy.com                                                               

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Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great market report on smaller homes....I like the graphics too!

Oct 31, 2016 12:50 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Steffy Hristova - Your market is just starting to gear up for the winter months!  Much success this Fall!

Oct 31, 2016 01:09 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Steffy, is Fall your busy month?  Great market report on small homes in AZ.

Oct 31, 2016 01:30 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Kristin Johnston, Waukesha County Realtor 414-254-6647 , thanks for stopping by. I hope the graphics are telling the story faster.

Nov 01, 2016 02:59 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Sheri Sperry - MCNE® , thanks for your comment and wishes. I appreciate it - I will have to make an extra effort to reach my goal for this quarter.

Nov 01, 2016 03:03 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Rebecca Gaujot, the Go To Realtor® , thanks for stopping by. June-August  usually are my busiest sales months. Then, October-December are the busiest marketing and planning months.

Nov 01, 2016 03:05 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

This is a great idea for a report, Steffy. These smaller homes are som much more affordable.

Nov 02, 2016 11:48 AM
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 602.710.8161 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Debbie Reynolds , thansk for stopping by. They seem to be capturing the attention of so many people, too. In this zip code the proximity to a fast changing down town Phoenix is key for the growth.

Nov 03, 2016 07:00 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Steffy - This a good report for those who are looking for great homes at affordable prices.

Nov 06, 2016 03:40 AM