Karen's Blog

Phoenix Metro Area Market Update – August 2019

August 25, 2019

Phoenix Metro Area Market Update – August 2019 Inventory is the story for the greater Phoenix real estate market in August! We’ve previously talked about our low inventory of homes driving a very active market, with price-segment-specific hyper-activity. In July, the number of active listings was down 8.5% from June and 4.1% year over year.…Read More

Montelena Neighborhood Market Report July 2019

August 23, 2019

Montelena Neighborhood Market Report July 2019 The real estate market in Montelena remains steady as we continue through the summer of 2019. The average days on market was 86 days, and the average sales price was $525,750. The absorption rate for July was 3.72, which indicates that the supply of homes for sale in Montelena…Read More

Morning Sun Farms Neighborhood Market Report July 2019

August 16, 2019

Morning Sun Farms Neighborhood Market Report July 2019 The real estate market in Morning Sun Farms remains steady as we continue through the summer of 2019. The average days on market was 41 days, and the average sales price was $258,253. The absorption rate for July was 0.59, which indicates that the supply of homes…Read More

Ocotillo Heights Neighborhood Market Report July 2019

August 9, 2019

Ocotillo Heights Neighborhood Market Report July 2019 The real estate market in Ocotillo Heights remains steady as we continue through the summer of 2019. The average days on market was 57 days, and the average sales price was $370,833. The absorption rate for July was 3.13, which indicates that the supply of homes for sale…Read More

Johnson Ranch Neighborhood Market Report July 2019

August 3, 2019

Johnson Ranch Neighborhood Market Report July 2019 The real estate market in Johnson Ranch remains steady as we continue through the summer of 2019. The average days on market was 59 days, and the average sales price was $238,242. The absorption rate for July was 1.13, which indicates that the supply of homes for sale…Read More

Phoenix Metro Area Market Update – July 2019

July 21, 2019

Phoenix Metro Area Market Update – July 2019 Inventory is the story for the greater Phoenix real estate market in July. Active listings were down 4.1% to 15,442. The median price continues to rise, up 4.1% to $279,000. The current average sales price per sq. ft. is $172.30, which is up 5.4% from last year.…Read More

Ironwood Crossing Neighborhood Market Report June 2019

July 18, 2019

Ironwood Crossing Neighborhood Market Report June 2019 The real estate market in Ironwood Crossing remains steady as we see the beginning of the summer of 2019. The average days on market was 72 days, and the average sales price was $308,308. The absorption rate for June was 1.91, which indicates that the supply of homes…Read More

Emperor Estates Neighborhood Market Report June 2019

July 5, 2019

Emperor Estates Neighborhood Market Report June 2019 The real estate market in Emperor Estates remains steady as we see the beginning of the summer of 2019. The average days on market was 61 days, and the average sales price was $350,071. The absorption rate for June was 1.96, which indicates that the supply of homes…Read More

Skyline Ranch Neighborhood Market Report May 2019

June 28, 2019

Skyline Ranch Neighborhood Market Report May 2019 The real estate market in Skyline Ranch remains steady as we continue through the spring of 2019. The average days on market was 68 days, and the average sales price was $252,550. The absorption rate for May was 0.35, which indicates that the supply of homes for sale…Read More

Encanterra Neighborhood Market Report May 2019

June 22, 2019

Encanterra Neighborhood Market Report May 2019 The real estate market in Encanterra remains steady as we continue through the spring of 2019. The average days on market was 119 days, and the average sales price was $453,772. The absorption rate for May was 9.6, which indicates that the supply of homes for sale in Encanterra…Read More

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