Karen's Blog
Copper Basin Neighborhood Market Report May 2019
June 14, 2019
Copper Basin Neighborhood Market Report May 2019 The real estate market in Copper Basin remains steady as we continue through the spring of 2019. The average days on market was 44 days, and the average sales price was $215,372. The absorption rate for May was 0.77, which indicates that the supply of homes for sale…Read More
Phoenix Metro Area Market Update – June 2019
June 13, 2019
Phoenix Metro Area Market Update – June 2019 Residential real estate in the greater Phoenix metro area continues to see price appreciation! This is driven by modest personal pay increases and falling interest rates, which have declined throughout 2019 since peaking in early November of last year at 4.94% (Freddie Mac). Current 30-year conventional loans…Read More
Cielo Noche Neighborhood Market Report May 2019
June 8, 2019
Cielo Noche Neighborhood Market Report May 2019 The real estate market in Cielo Noche remains steady as we continue through the spring of 2019. The average days on market was 22 days, and the average sales price was $494,967. The absorption rate for May was 0.8, which indicates that the supply of homes for sale…Read More
Laredo Ranch Neighborhood Market Report April 2019
May 23, 2019
Laredo Ranch Neighborhood Market Report April 2019 The real estate market in Laredo Ranch remains steady as we continue through the spring of 2019. The average days on market was 58 days, and the average sales price was $247,286. The absorption rate for April was 1.08, which indicates that the supply of homes for sale…Read More
Sossaman Estates Neighborhood Market Report April 2019
May 18, 2019
Sossaman Estates Neighborhood Market Report April 2019 The real estate market in Sossaman Estates remains steady as we continue through the spring of 2019. The average days on market was 69 days, and the average sales price was $409,483. The absorption rate for April was 3.12, which indicates that the supply of homes for sale…Read More
Phoenix Metro Area Market Update – May 2019
May 16, 2019
Phoenix Metro Area Market Update – May 2019 May continues our listings and sales revival for the greater Phoenix area. This is not a random phenomenon but rather a direct response to our continually falling interest rates. Interest rates have declined throughout 2019, since peaking in early November of last year at 4.94% (Freddie Mac).…Read More
San Tan Heights Neighborhood Market Report April 2019
May 1, 2019
San Tan Heights Neighborhood Market Report April 2019 The real estate market in San Tan Heights remains steady as we continue through the spring of 2019. The average days on market was 56 days, and the average sales price was $245,613. The absorption rate for April was 2.31, which indicates that the supply of homes…Read More
Phoenix Metro Area Market Update – April 2019
April 26, 2019
Phoenix Metro Area Market Update – April 2019 After a slow start in 2019, home sales and their corollary “listings under contract” continue their rise into early April, now slightly exceeding the sales and listings under contract for this same period in 2018. Most of the improvement in sales and buyer interest can be attributed…Read More
Cortina Neighborhood Market Report March 2019
April 4, 2019
Cortina Neighborhood Market Report March 2019 The real estate market in Cortina remains steady as we begin the spring of 2019. The average days on market was 64 days, and the average sales price was $287,700. The absorption rate for March was 1.71, which indicates that the supply of homes for sale in Cortina is…Read More
Phoenix Metro Area Market Update – March 2019
March 23, 2019
Phoenix Metro Area Market Update – March 2019 This month marks the first full month of our annual, spring buying season. Every year we build from February into March, with March going full steam ahead. It is important to note, this “annual buying season” lasts from mid-February through May, with peak activity (listings, under contract) in April.…Read More