Karen's Blog
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
Phoenix Metro Area Market Update – January 2020
January 15, 2020
Phoenix Metro Area Market Update – January 2020 Resale home inventory in Greater Phoenix has been shrinking for many months now. Active listings stand at 12,141, down 30% year over year. January’s median sales price stands at $289,500, up 11.1% year over year. Given our falling inventory, home prices are expected to continue to rise,…Read More
Skyline Ranch Neighborhood Market Report December 2019
January 14, 2020
Skyline Ranch Neighborhood Market Report December 2019 The real estate market in Skyline Ranch remains steady as we see the beginning of Winter 2019. The average days on market was 45 days, and the average sales price was $300,000. The absorption rate for December was 0.24, which indicates that the supply of homes for sale…Read More
Sossaman Estates Neighborhood Market Report November 2019
December 22, 2019
Sossaman Estates Neighborhood Market Report November 2019 The real estate market in Sossaman Estates remains steady as we continue through the fall of 2019. The average days on market was 57 days, and the average sales price was $359,296. The absorption rate for November was 2.01, 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
Emperor Estates Neighborhood Market Report October 2019
November 9, 2019
Emperor Estates Neighborhood Market Report October 2019 The real estate market in Emperor Estates remains steady as we continue through the fall of 2019. The average days on market was 27 days, and the average sales price was $359,333. The absorption rate for October was 0.6, which indicates that the supply of homes for sale…Read More
Morning Sun Farms Neighborhood Market Report September 2019
October 27, 2019
Morning Sun Farms Neighborhood Market Report September 2019 The real estate market in Morning Sun Farms remains steady as we begin the fall of 2019. The average days on market was 21 days, and the average sales price was $262,660. The absorption rate for September was 0.38, which indicates that the supply of homes for…Read More
Phoenix Metro Area Market Update – Sept 2019
September 30, 2019
Phoenix Metro Area Market Update – Sept 2019 Inventory is the story for the greater Phoenix real estate market in Sept! We’ve previously talked about our low inventory of homes driving a very active market, with price-segment-specific hyper-activity. Well, the inventory shortage swings into September, and active listings are down about 16% year over year. As…Read More
Skyline Ranch Neighborhood Market Report August 2019
September 10, 2019
Skyline Ranch Neighborhood Market Report August 2019 The real estate market in Skyline Ranch remains steady as we continue through the summer of 2019. The average days on market was 50 days, and the average sales price was $225,000. The absorption rate for August was 0.57, which indicates that the supply of homes for sale…Read More