Homes sales and prices increased during October in the Phoenix, AZ real estate market. The number of homes sold rose by 5% versus September but were flat year over year. The average sale price was up 6% from September, and was up 9% over October 2017. Sellers continue to get about 98% of their list price. The number of homes on the market increased 10% over September and is flat year over year. The 12 month moving average sale price, now at $295,385 (up 9% from the previous year), continues to edge up. The days on market is at 60, down 2% from … (0 comments)
million dollar listing: 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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million dollar listing: 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)
The Villas real estate market picked up in September. Three homes closed escrow in The Villas during the month, 2 more than August. There are currently 3 homes on the market in The Villas, and there's one home currently under contract. The 12 month moving average price, $187,188 continues to ratchet up and is up 16% versus September 2017. Here are the latest stats for the month ending 9/30/18: Active Listings: 3 Homes Pending: 1 Homes sold in last 90 days: 3 (Up 300% from Aug. '18, Down 25% from Sept. '17) Burn rate (Inventory on market / by homes currently under contract) = 4.00 Avg. Sale price (Solds): $197,167 (Down 8% … (1 comments)
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)
million dollar listing: 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)
Sales fell off while prices increased in the Anthem real estate market during September. The total number of homes sold decreased 11% versus August, but was up 4% over September 2017. The average sale price in September was up 1% over August and was up 23% over September 2017. The price per square foot was virtually the same as August but was up 8% year over year. And the 12 month moving average ($349,368) was up 2% over August, now up 9% from last year. Days on market increased, now standing at 81 days, up 19% versus August and up 16% from September … (0 comments)
million dollar listing: 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)
Homes sales and prices dropped during September in the Phoenix, AZ real estate market. The number of homes sold fell by 17% versus August, and were down 5% from last year. The average sale price was down 3% from August, but still up 8% over September 2017. Sellers continue to get about 98% of their list price. The number of homes on the market increased 2% over August, and is still down 6% versus last year. The 12 month moving average sale price, now at $293,320 (up 9% from the previous year), continues to edge up. The days on market is at 60, … (2 comments)
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