property brothers: Anthem, AZ Parkside Market Report - Nov. 2018 - 12/19/18 03:39 PM

 
Home sales fell again, which is typical this time of year, and prices dropped too in the Anthem Parkside real estate market during November. Sales decreased 14% from October and dropped 3% year over year.  The average sale price decreased 12% versus October and was down 6% versus November 2017.  The average price per square foot also decreased 1% from October, but was up 12% year over year for the Parkside. The average days on market increased 35% compared to October but was down 12% versus November 2017. The inventory of homes on the market is at a 2.59 month’s supply, still marking … (1 comments)

property brothers: Anthem, AZ Real Estate Market Report - Nov. 2018 - 12/14/18 06:26 PM
 
Home sales declined for the third month in a row and prices dropped for the second month in a row in the Anthem real estate market during November.  The total number of homes sold dropped 7% from October, but was up 35% versus November 2017.  The average sale price in November was down 6% from October and down 10% from November 2017.  The price per square foot decreased 2% versus October and was up 8% year over year. The 12 month moving average ($348,620) dropped 1% from October, and is up 8% from last year.  The days on market increased to 74, up … (2 comments)

property brothers: 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)

property brothers: Open house!!! Sunday, Dec. 9th, 10am-2pm - 12/07/18 04:45 PM
 
Come visit our open house
Sunday, Dec. 9th
10am-2pm
17580 W. Corrine Dr.
Surprise, AZ
(3 comments)

property brothers: Phoenix, AZ Real Estate Market Report - Nov. 2018 - 12/03/18 04:50 PM

Homes sales and prices decreased during November in the Phoenix, AZ real estate market.  The number of homes sold dropped by 13% versus October and were down 8% year over year. The average sale price slipped 1% from October, but was up 7% over November 2017. Sellers received about 99% of their list price during the month. The number of homes on the market remained exactly the same as October and is up 4% year over year.  The 12 month moving average sale price, now at $296,751 (up 9% from the previous year), continues to edge up ever so slightly.  The days on … (3 comments)

property brothers: Open House!!! Sat. Dec. 1st, 10am - 2pm - 11/29/18 01:01 PM

Come join me on Saturday, Dec. 1st, 10am - 2pm
to view this fantastic Surprise, AZ home.
17580 W. Corrine Dr., Surprise, AZ
Click on the following link for more info and photos:
https://jwmurphy.longrealty.com/listing/5850456-17580-w-corrine-drive-surprise-az-85388/#grid
 
(4 comments)

property brothers: Sun City Grand, AZ Real Estate Market Report - Oct. 2018 - 11/23/18 03:12 PM

 
Activity in the The Sun City Grand real estate market rebounded nicely in October with prices rising as well.  The number of homes sold in Grand for the month of October was up 28% over September, but down 7% from last year.  The average sale price increased 5% over September and was up 29% year over year. The average days on market was 34, which is a 55% decrease from September and 56% less than October 2017.  The burn rate (number of homes currently under contract/homes actively on the market) is 2.15 months, still a seller's market.  Currently there are 75 … (1 comments)

property brothers: Anthem, AZ Real Estate Market Report - October 2018 - 11/08/18 03:47 PM

 
Sales activity and prices dropped in the Anthem real estate market during October.  The total number of homes sold plumetted 24% from September, and was down 22% versus October 2017.  The average sale price in October was down 6% from September but was up 4% over October 2017.  The price per square foot increased 4% versus September and was up 9% year over year.  The increase in price per square foot coupled with the lower average sale price tells us that smaller homes made up the predominace of the sales during October.  The 12 month moving average ($351,290) was up 1% over September, … (1 comments)

property brothers: Anthem, AZ Parkside Real Estate Market Report - October 2018 - 11/08/18 03:44 PM

Home sales dropped but prices continued to rise in the Anthem Parkside real estate market during October. Sales decreased 19% from September and dropped 10% year over year.  The average sale price increased 4% versus September and was up 14% over October 2017.  The average price per square foot increased 4% from September, and was up 14% year over year for the Parkside. The average days on market was down 20% compared to September and was down 7% versus October 2017. The inventory of homes on the market is at a 2.44 month’s supply, still marking a seller's market. The 12 month moving … (0 comments)

property brothers: Scottsdale, AZ Real Estate Market Report - October 2018 - 11/06/18 05:12 PM

 
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)

property brothers: Phoenix, AZ Real Estate Market Report - Oct. 2018 - 11/01/18 12:05 PM

 
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)

property brothers: "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)

property brothers: 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
 
(0 comments)

property brothers: 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
 
 
(3 comments)

property brothers: 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)

property brothers: 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.
 
(7 comments)

property brothers: Anthem, AZ The Villas Real Estate Market Report - Sept. 2018 - 10/12/18 06:56 PM

 
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)

property brothers: 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)

property brothers: 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)

property brothers: Anthem, AZ Real Estate Market Report - September 2018 - 10/09/18 04:02 PM

 
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)

 
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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