Home sales and prices picked up in the Scottsdale real estate market during October. The number of homes sold was up 8% from September but down 8% from last October. This breaks a four month streak of declining home sales in Scottsdale. The average sale price increased 4% over September and is up 19% from October 2017. The 12 month moving average sale price is up 9% from a year ago, now standing at $577,897. The number of homes on the market is 2,477, 11% more than September, and 11% less than October 2017. The days on market is at 88 down … (1 comments)
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)
phoenix: "On the Fifth Green" is not a subdivision.....
- 10/29/18 05:58 PM
Sellers, your listing agent may be costing you viewings of your home and potential buyers by being TOO specific, or too cute in their description of your home on the multiple listing service. My subject line is an actual entry for the "Subdivsion" category on a home I showed last week to some potential buyers. And it's not the first time I've come across subdivision entries that are incorrect. Listing agents often hurt their clients inadvertantly by incorrectly labeling the subdivision in which the home is located. We have a community in Surprise, AZ called "Sun Village". It's an active adult community. Within … (11 comments)
phoenix: 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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phoenix: Open House!!! Saturday, Oct. 27th, 2018 1-4pm
- 10/23/18 06:24 PM
Come join me on Saturday, Oct. 27th, 1-4pm to view this new listed Phoenix home. 4242 W. Portland St. Phoenix, AZ 85009 For more information call me at 602-334-3757 or e-mail: jwmurphy@longrealty.com
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phoenix: 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)
phoenix: Newly Listed! Phoenix home for sale....
- 10/19/18 06:18 PM
3 bedroom, 2 bathroom Phoenix home for sale in established neighborhood. $160,000 Call Jerry Murphy at 602-334-3757 or e-mail: jwmurphy@longrealty.com for more details and photos.
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)
phoenix: 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)
phoenix: 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)
phoenix: Anthem, AZ The Villas Real Estate Market Report - Aug. 2018
- 10/01/18 04:47 PM
The Villas real estate market slumped in August. Only 1 home closed escrow in The Villas during the month, 2 less than June. There are currently 3 homes on the market in The Villas. However, there are no homes currently under contract. The 12 month moving average price, $183,827 continues to ratchet up and is up 16% versus August 2017. Here are the latest stats for the month ending 8/31/18: Active Listings: 3 Homes Pending: 0 Homes sold in last 90 days: 1 (Down 67% from July '18, Down 50% from Aug. '17) Burn rate (Inventory on market / by homes currently under contract) = N/A Avg. Sale price (Solds): $215,000 (Up … (0 comments)
Prices rose, but activity continued to decline in the Scottsdale real estate market during August. The number of homes sold was down 6% from July but up 2% from last August. The average sale price increased 5% over July and was up 9% from August 2017. The 12 month moving average sale price was up 7% from a year ago, now standing at $569,097. The number of homes on the market is 2,134, 1% more than July, and 10% less than August 2017. The days on market is at 103 up 6% from last year and the burn rate (homes pending/home sold) … (1 comments)
phoenix: Phoenix, AZ Real Estate Market Report - Aug. 2018
- 09/05/18 04:45 PM
Activity was flat in the Phoenix, AZ real estate market through August. The number of homes sold remained the same versus July, but were up 3% from last year. The average sale price was down 1% from July, but was up 9% over August 2017. Sellers continue to get about 98% of their list price. The number of homes on the market dropped 2% from July, and is down 7% versus last year. The 12 month moving average sale price, now at $291,821 (up 9% from the previous year), continues to edge up. The days on market is at 55, down 10% from … (1 comments)
Activity in The Villas real estate market jumped in July. 3 homes closed escrow in The Villas during July, 1 more than June. There are currently 3 homes on the market in The Villas. However, there are no homes currently under contract. The 12 month moving average price, $179,067 continues to ratchet up and is up 13% versus July 2017. Here are the latest stats for the month ending 7/31/18: Active Listings: 3 Homes Pending: 0 Homes sold in last 90 days: 3 (Up 300% from June '18, Up 150% from July '17) Burn rate (Inventory on market / by homes currently under contract) = N/A Avg. Sale price (Solds): $195,500 (Down … (0 comments)
phoenix: Anthem, AZ Parkside Real Estate Market Report - July '18
- 08/14/18 10:48 AM
Has the Anthem Parkside real estate market hit a ceiling? For the past several month home prices, both month to month and the 12 month moving average, have stagnated a bit. And the highest priced sales have remained in the $580,000 range over the past 6 months. During July home sales decreased 5% from June and were down 17% year over year. The average sale price decreased 4% versus June and was up slightly, 1% over July 2017. The average price per square foot decreased 1% from June, but was up 8% year over year for the Parkside. The average days on market … (0 comments)
Sales activity picked up a bit but prices declined in the Anthem Country Club real estate market during July. The total number of homes sold in the Country Club was up 11% versus June and July 2017. The average sale price fell by 4% versue June, and was the same as July 2017. The price per square foot also decreased 5% from June but was up 7% year over year. The days on market dropped 9% versus June, and was down 30% year over year. The burn rate, (or homes under contract versus homes on the market) is now 3.43 month’s supply, still … (0 comments)
Home prices dropped while activity ticked up a little in the Anthem real estate market through July. The total number of homes sold increased 3% over June, but was down 12% from July 2017. The average sale price in July was down 3% versus June but was up 3% from July 2017. The price per square foot was unchanged from June but was up 11% year over year. And the 12 month moving average ($339,346) was flat month over month, now up 6% from last year. Days on market increased, now standing at 70 days, up 8% versus June and down 5% from … (0 comments)
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