glendale: Phoenix, AZ Real Estate Market Report - Dec. 2018 - 01/02/19 08:17 AM

Homes sales rose a bit but prices continued to decline during December in the Phoenix, AZ real estate market.  The number of homes sold rose by 1% over November but were down 10% year over year. The average sale price fell 3% from November, and was up 6% over December 2017. Sellers received about 98% of their list price during the month. The number of homes on the market fell 6% compared to November but is up 9% year over year.  The 12 month moving average sale price, now at $298,051 (up 8% from the previous year), continues to edge up ever so … (1 comments)

glendale: Scottsdale, AZ Real Estate Market Report - Nov. 2018 - 12/12/18 04:12 PM

Home sales and prices dropped in the Scottsdale real estate market during November. The number of homes sold was down 1% from October and down 11% from last November. This marks five out of the last six months of declining home sales in Scottsdale.  The average sale price decreased 2% from October but is up 4% from November 2017. The 12 month moving average sale price is up 9% from a year ago,  now standing at $579,774.  The number of homes on the market is 2,415, 3% less than October, and 8% less than November 2017.  The days on market is at … (1 comments)

glendale: Let's talk..... - 11/28/18 10:39 AM
 
Talk to Me!
I am here to walk you or anyone that you may know through the real estate process, even if you just need a few questions answered.
Please contact me or visit my website. Remember, I’m never too busy for your referrals and I’d love to hear from you.
Call me at 602-334-3757 or e-mail: jwmurphy@longrealty.com
 
(3 comments)

glendale: Client testimonial..... - 11/27/18 03:19 PM

(2 comments)

glendale: Anthem, AZ The Villas Real Estate Market Report - Oct. 2018 - 11/19/18 05:09 PM

The Villas at Anthem real estate market had no sales during October, 3 less than September and 1 less than October 2017. There are currently 4 homes on the market in The Villas, and 2 homes currently under contract. The 12 month moving average price, $188,492 continues to ratchet up and is up 16% versus October 2017. 
Here are the latest stats for the month ending 10/31/18:
Active Listings: 4
Homes Pending: 2
Homes sold in last 90 days: 0 (Down 300% from Sept. '18, Down 100% from Oct. '17)
Burn rate (Inventory on market / by homes currently under contract) = 3.00
Avg. Sale price (Solds): $0 (Down 100% … (0 comments)

glendale: Search for homes and get home values on my mobile app.... - 10/26/18 10:06 AM

Download My Mobile App Today!
Additional features include: Search listings and recent sales across Arizona; Search homes by commute time; Neighborhood Points of Interest; HomeScan for viewing nearby homes with the live camera virew on your device. To get my Long Realty App, visit my website: www.JWMurphy.LongRealty.com
 
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glendale: Is 12% worth avoiding a Realtor? - 10/20/18 02:37 PM
  
Over the past year companies like Open Door and OfferPad have made some inroads into the Phoenix real estate market. Small inroads (about 3% of total sales valley wide over the past year), but inroads nonetheless.
For those not familiar with Open Door and OfferPad, they are companies that promise to buy your home for "market price" and close within days, alleviating the stress and hassle of selling your home.  In turn, they then make any repairs/updates necessary and then list the home for sale themselves.
But here's the catch, the "fee" they charge to purchase your home ranges anywhere from 6-12% of … (2 comments)

glendale: Anthem, AZ Parkside Real Estate Market Report - Sept. '18 - 10/11/18 02:36 PM

 
The Anthem Parkside real estate market returned to its stagnating ways in September. Sales activity was down as were prices. Home sales decreased 12% from August but were up 4% year over year.  The average sale price decreased 3% versus August but was up 13% over September 2017.  The average price per square foot decreased 4% from August, but was up 5% year over year for the Parkside. The average days on market was up 7% compared to August and was up 5% versus September 2017. The inventory of homes on the market is at a 2.61 month’s supply, still marking a seller's … (1 comments)

glendale: Anthem, AZ Country Club Real Estate Market Report - Setpember 2018 - 10/10/18 11:34 AM

The Anthem Country Club real estate market saw activity delcine and prices increase during September. The total number of homes sold in the Country Club was down 12% versus August but was up 28% over September 2017.  The average sale price rose by 13% over August, and was up 30% over September 2017. The price per square foot also rose 8% over August and was up 12% year over year.  The days on market rose 14% versus August, and was up 12% year over year. The burn rate, (or homes under contract versus homes on the market) is now 4.81 month’s supply, still … (1 comments)

glendale: Scottsdale, AZ Real Estate Market Report - September 2018 - 10/06/18 01:21 PM

Home sales fell off dramatically and prices dipped a bit too in the Scottsdale real estate market  during September. The number of homes sold was down 6% from August but up 2% from last September. This is the fourth consecutive month we've seen home sales decline in Scottsdale.  The average sale price decreased 2% versus August but is up 7% from September 2017. The 12 month moving average sale price is up 8% from a year ago,  now standing at $571,215.  The number of homes on the market is 2,235, 5% more than August, and 6% less than September 2017.  The days … (3 comments)

glendale: Just Sold!!! Suprise, AZ home..... - 09/25/18 02:51 PM

Thinking of selling your Phoenix/Scottsdale area home?  Give me a call.  I help home buyers too.
 
(4 comments)

glendale: Average monthly temperatures in the Phoenix/Scottsdale area.... - 07/25/18 04:05 PM

 
Since I work a lot with out of state buyers, and Phoenix has a very hot reputation, I am often asked how hot it really gets during the summer months here.  So I compiled an average high temperature chart below to assist those thinking of moving to the Valley of the Sun.  As you can see, and as expected, the summer months are hot!  We live in a desert, so that makes sense.  But I can tell you truthfully, 100 degrees here feels a lot cooler than 100 degrees in most other areas of the country due to the lack of … (2 comments)

glendale: Treasury Yields Flattening! What does it all mean? - 03/30/18 12:59 PM

 
Earlier in the week the stock market freaked a bit when the yields and on the 2 Year and 10 Year Treasury notes began to converge. (https://www.msn.com/en-us/finance/news/whats-a-flattening-yield-curve-and-why-it-should-scare-you/ar-BBKPlkx ) This "flattening", when yields on the short term and long term treasury bonds start to close in on each other, has been a reliable predictor of oncoming recessions.  So, what does this mean for the real estate market?  Well, a lot.
 
You see, the last time these two yields converged and actually inverted (where the 10 year treasury yield falls below the 2 year yield) was 2008.  And we all know what happened that … (1 comments)

glendale: Great Glendale Investment Property. 7% Annual R.O.I. - 09/18/17 04:27 PM

$59,000
7% Cash on cash R.O.I.
I just began marketing this great investment property in Glendale for sale.
Click below for more information and photos.
http://jwmurphy.longrealty.com/homes-for-sale/4828-W-Orangewood-Avenue-Unit-238-Glendale-AZ-85301-216031198
 
To receive a free value analysis for your home please call me at 602-334-3757 or e-mail: jwmurphy@longrealty.com
(5 comments)

glendale: Just listed! Great Glendale, AZ investment opportunity..... - 08/30/17 03:22 PM

We just listed this Glendale, AZ condo for sale.
Great investment opportunity with a 10% cash on cash R.O.I.
For more information and photos click on the link below:
http://jwmurphy.longrealty.com/homes-for-sale/4828-W-Orangewood-Avenue-Unit-220-Glendale-AZ-85301-212399684
 
(2 comments)

glendale: The 2017 Anthem Sprint Triathlon is here..... - 08/24/17 04:55 PM
 
 
The Anthem Sprint Triathlon is back!
Presented by 4 Peaks Racing and Team Anthem Multisport Club
When: Saturday, Aug. 26, 2017
Where: Starts at Anthem Coummunity Center
 
For more information click below:
 
http://4peaksracing.com/events/anthem-sprint-2017/
 
(2 comments)

glendale: Anthem, AZ Weekly Sales Report: 8/14/17 - 8/20/17 - 08/23/17 04:22 PM

 
The following Anthem, AZ homes closed escrow during the week of 8/14/17 -  8/20/17:
39825 N. River Bend Rd., 4 bedrooms, 2 bathrooms, 1,827 square feet, Pool, Traditional sale, $267,500;
4508 W. Rolling Rock Dr., 4 bedrooms, 2.5 bathrooms, 2,348 square feet, Traditional sale, $270.000;
2559 W. Morse Dr., 4 bedrooms, 2 bathrooms, 2,143 square feet, Traditional sale, $290,000;
42014 N. Celebration Dr., 3 bedrooms, 2 bathrooms, 1,822 square feet, Traditional Sale, $295,000;
2447 W. Clearview Trail, 3 bedrooms, 2 bathrooms, 2,128 square feet, Pool, Traditional sale, $315,000;
42138 N. Anthem Heights Dr., 2 bedrooms, 2 bathrooms, 1,760 square feet, Traditional sale, $325,000;
2557 W. Shackleton Dr., 5 bedrooms, 2.5 bathrooms, 2,968 square feet, Pool, Traditional sale, $345,000;
2911 … (1 comments)

glendale: Just Sold!!! 4 bedroom Phoenix home with a pool.... - 08/22/17 12:29 PM

We just closed escrow last week on this beautiful 4 bedroom Phoenix home.
Give me a call at 602-334-3757 or e-mail: jwmurphy@longrealty.com if you'd like me to assist you in the sale of your home too.
 
Visit: www.JWMurphy.LongRealty.com
Facebook: https://www.facebook.com/JWMurphyIMAZrealtor/
Twitter: @IMAZRealtor
 
 
(2 comments)

glendale: Scottsdale, AZ Real Estate Market Report - July 2017 - 08/10/17 06:17 PM

The Scottsdale real estate market continued to pull back a bit in July. The number of homes sold decreased significantly and the average sale price for homes that sold in July also dropped.  Sales were down 20% from June but up 11% over last July. The average sale price decreased 9% versus June and was up 5% over July 2016.  The 12 month moving average sale price was up 4% from a year ago,  now standing at $524,321.  The number of homes on the market is 2,341, 7% less than June, and 9% less than July 2016.  The days on market is at 102, down … (0 comments)

glendale: Phoenix Real Estate Market Report - July 2017 - 08/09/17 02:05 PM

The Phoenix, AZ real estate market continued to retreat in July. The number of homes sold was down  19% from June and down 1% from last year. The year over year price increase continues to move in the right direction, up 5% over July 2016. And the 12 month moving average sale price is now $268,810, up 8% from the previous year and now at our pre crash highs.  The number of homes on the market is 3,708,  up 1% from June, with the days on market at 57, down 11% from last year and well within the benchmark of a seller's market.  … (0 comments)

 
Jerry Murphy, CRS, SRES, Anthem, Phoenix, and Scottsdale AZ Real Estate (Long Realty West Valley) Rainmaker large

Jerry Murphy, CRS, SRES

Anthem, Phoenix, and Scottsdale AZ Real Estate

Anthem, AZ

More about me…

Long Realty West Valley

Address: 3655 W. Anthem Way, Ste A-109, PMB 212, Anthem, AZ, 85086

Office: (602) 334-3757

Mobile: (602) 334-3757

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