Karen's Blog

Pecan Creek Neighborhood Market Report January 2020

February 8, 2020

Pecan Creek Neighborhood Market Report January 2020 The real estate market in Pecan Creek remains steady as we continue through the winter of 2020. The average days on market was 29 days, and the average sales price was $250,841. The absorption rate for January was 0.57, which indicates that the supply of homes for sale…Read More

Montelena Neighborhood Market Report January 2020

February 1, 2020

Montelena Neighborhood Market Report January 2020 The real estate market in Montelena remains steady as we continue through the winter of 2020. The average days on market was 35 days, and the average sales price was $497,450. The absorption rate for January was 1.55, which indicates that the supply of homes for sale in Montelena…Read More

Morning Sun Farms Neighborhood Market Report December 2019

January 26, 2020

Morning Sun Farms Neighborhood Market Report December 2019 The real estate market in Morning Sun Farms remains steady as we see the beginning of Winter 2019. The average days on market was 23 days, and the average sales price was $253,378. The absorption rate for December was 0.82, which indicates that the supply of homes…Read More

Cortina Neighborhood Market Report December 2019

January 5, 2020

Cortina Neighborhood Market Report December 2019 The real estate market in Cortina remains steady as we see the beginning of Winter 2019. The average days on market was 12 days, and the average sales price was $310,725. The absorption rate for December was 0.96, which indicates that the supply of homes for sale in Cortina…Read More

Phoenix Metro Area Market Update – December 2019

December 21, 2019

Phoenix Metro Area Market Update – December 2019 In December the greater Phoenix real estate market remains “available inventory challenged,” and active listings for the month are down 25.3% year over year, at 13,869. The low level of available units is driving higher prices, and in the case of lower-priced homes, multiple offers. Interestingly, these…Read More

Copper Basin Neighborhood Market Report November 2019

December 15, 2019

Copper Basin Neighborhood Market Report November 2019 The real estate market in Copper Basin remains steady as we continue through the fall of 2019. The average days on market was 31 days, and the average sales price was $235,675. The absorption rate for November was 0.44, which indicates that the supply of homes for sale…Read More

Laredo Ranch Neighborhood Market Report November 2019

December 8, 2019

Laredo Ranch Neighborhood Market Report November 2019 The real estate market in Laredo Ranch remains steady as we continue through the fall of 2019. The average days on market was 29 days, and the average sales price was $259,650. The absorption rate for November was 0.74, which indicates that the supply of homes for sale…Read More

Indigo Trails Neighborhood Market Report October 2019

November 29, 2019

Indigo Trails Neighborhood Market Report October 2019 The real estate market in Indigo Trails remains steady as we continue through the fall of 2019. The average days on market was 39 days, and the average sales price was $255,500. The absorption rate for October was 0.75, which indicates that the supply of homes for sale…Read More

Ironwood Crossing Neighborhood Market Report October 2019

November 24, 2019

Ironwood Crossing Neighborhood Market Report October 2019 The real estate market in Ironwood Crossing remains steady as we continue through the fall of 2019. The average days on market was 45 days, and the average sales price was $290,173. The absorption rate for October was 1.02, which indicates that the supply of homes for sale…Read More

Phoenix Metro Area Market Update – November 2019

November 23, 2019

Phoenix Metro Area Market Update – November 2019 Inventory is the story for the greater Phoenix real estate market in November! Phoenix’s inventory continues its downward trend, with current active listings standing at 14,525, down 19.1% year over year. Correspondingly, the median sales price continues to rise, up 8.8% year over year, and is at…Read More

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