Phoenix area West Valley Real Estate Market Report by City- July 2016

August 5th, 2016

“How’s the Market?” Check out the July 2016 West Valley Market report. This year has proven that Arizona is HOT!! Hot Market for Sellers continue and we are seeing steady increase in home Values. Avondale takes the prize for July with the largest price increase, shortest sale times and lowest inventory levels. Buckeye is also leading the West Valley with double digit price increases. Surprise, slowing things down a bit longer days on market and slight dip in home prices, with an increase in inventory.

Thinking of Selling? Contact us directly If you would like a more detailed Market analysis on your neighborhood or home value.
JULY 2016

Click to enlarge.

Phoenix West Valley Real Estate Market Report by City- June 2016

July 8th, 2016

“How’s the Market?” Check out the June 2016 West Valley Market report. All West Valley cities continued to decrese inventory levels holding tight on a “Sellers Market.”  We continue to see homes selling quicker with prices increasing. Peoria & Litchfield Park were the only two West Valley cities that saw average sales price decrease last month, but both have positive increases YTD.  Click here to see details of your city.

Thinking of Selling? Contact us directly If you would like a more detailed Market analysis on your neighborhood or home value. 
--Click to enlarge

–Click to enlarge

29590 N 128th Lane, Peoria, AZ 85383

July 5th, 2016

Regal curb appeal with stone accents, rotunda entrance custom security door at courtyard just the beginning of the features this home has to offer. Step inside to the Elegant Foyer with custom lighting and mosaic tile floor. One of Shea’s most popular split floor plans with Guest room and Den up front and Master suite in the back. Open concept kitchen with large breakfast island, formal dinning room and family room is a true entertainers delight. Kitchen has granite countertops with tile backsplash. Also a granite composite deep-sink, stainless steel appliances, include fridge, microwave, wall oven and 6 burner Gas cooktop. Custom features include lighting throughout kitchen include pendant lighting and up-lights above the cabinets, recessed lighting on dimer switches. Wine rack with ..

glass cabinets and back lighting. Bright and airy Master Suite with garden tub and separate shower. Double sinks, custom lighting at make up vanity. Check out the master walk in closet, Lets Go Shoe Shopping!!! CA closet organizers surround the master walk in closet. Laundry / Mud Room with cabinets & lots of counter space, laundry rack, deep sink and Wine fridge— doing laundry just got a lot easier now didn’t it!?! There is also a double door storage cabinet with shelves to the top for those trips to Costco! Spacious guest room large enough for Queen bed, night stand and sitting area has its own ensuite. Guest room also has custom closet shelving. There is also a Half bath in hallway. Den, home office library, reading space endless possibilities for this space. Covered patio with surround sound, ceiling fan. there is even a gas stub, so you can easily add BBQ or fire pit. Open view through fencing to take in the park next door, sit back and relax after a long day on the golf course. Situated on a Premium cornet lot with park like common area next door. Energy efficient with Solar panels– $134 per month fixed payments for 18 years. All this located the Active Adult community of Trilogy at Vistancia, named 2015 Best 55+Community of the Year. Amenities included are the Kiva Club, a 5-star resort lifestyle, the hub for social and activity in the community. With panoramic golf course vistas and includes best-in-class fitness facilities, social gathering spaces, entertainment venues, an exquisite spa, tennis, swimming pools, and much more. Coming soon Mita Club! Mita Club is first and foremost an extension of every Member’s home. Featuring a resort-styled setting with 11,000 interior square feet and 6,000 square feet of covered patio space, The Mita Club will have areas dedicated to relaxation, fitness, food, contemplation, games, and more.

Click here to view property grid. Click here to view property grid.

 

14870 W Encanto Boulevard Unit 1044, Goodyear, AZ 85395

July 5th, 2016

This stunning 2 bedroom, 2 bathroom townhouse in Goodyear, Az is located in the quiet gated community of The Village at Rio Paseo. 2 Bedroom, 2 bath, Corner unit with 2 car garage. The highly upgraded kitchen features gorgeous granite counter tops and tile backsplash, walk-in pantry, tons of cabinet and counter space. Master bedroom is located downstairs with vessel sinks, granite counters, upgraded lighting, walk-in closet, shower and private water closet. Upstairs you will find open loft, perfect for man cave, play area or home office. Laundry has lots of storage with cabinets and granite countertops. Bath two is also upgraded with vessel sinks and granite counter tops. Bedroom 2 is large enough for queen bed and dresser. All this is just steps from the community pool/hot tub and

and state of the art fitness center. Imagine the possibilities! HOA fee includes water, sewer, and trash. Very Convenient location- Minutes from 303, I-10 and restaurants/shopping. Walking distance to Harkins Megaplex, opening soon.

Click here to view property grid.

Phoenix West Valley Real Estate Market Report By City May 2016

June 4th, 2016
Inventory levels decreased in all West Valley cities including Maricopa county. Avondale continues to have the lowest amount of homes for sale with only 1.65 months of inventory, causing their prices to continue to increase with 11.86% increase over last year. Peoria had a rebound from April with 10.35% increase for May. Other cities saw significant increases in prices for May 2016 include Phoenix, Goodyear and Buckeye. While Glendale saw a drop in sale prices. 
 
Thinking of Selling? Email us directly If you would like a more detailed Market analysis on your neighborhood or home value. 
Click to enlarge

Click to enlarge

Veramonte Home For Sale 12825 N 140th Drive, Surprise, AZ 85379

June 4th, 2016

Take a look at our new listing.

Location Location Location!! Across the street fro city park with baseball, soccer, playground and all new SPLASH PAD. Walking distance to movie theaters and Uptown Alley Bowling/Arcade, restaurants, gym. Minutes to Luke AFB and 101. Gorgeous home with tons of upgrades. Spacious formal dining and living room with Den/bonus room would make a great home office, home school or playroom. This split floorpan design has open concept kitchen to family room with 3 bedrooms, Den, 2 full Bath 3 car garage. Kitchen has staggered cabinets, granite and stainless steel appliances. Large master bedroom with double sinks, separate shower and garden tub with large walk-in closet. Wood Shutters & Tile throughout home. Lots of cabinets and storage closets…

Click below for more information.

Click here to view property grid. Click here to view property list.

 

Phoenix Real Estate Market Report by City-West Valley April 2016

May 6th, 2016

Take a look at the April 2016 west valley market report we create for you each month. Use this report as an indicator on how the market is doing in your area. If you’d like a more detailed report or a report on your specific home or subdivision, we’d be happy to provide it for you.
Buyer activity remains strong with most our west valley city’s as they selling faster than the Maricopa County average.

Click to enlarge

Click to enlarge

Phoenix West Valley Market Report By City March 2016

April 7th, 2016

Spring Fever hits in the Valley of the Sun bringing increases in the average Sales prices to ALL West Valley cities. Buckeye had the largest increase in average sales from $187,744 to $204,769. Avondale had an increase in average sales price for the first time in several months, from $188,978 to $193,63, bringing their YTD increase over last year to 11.23%. Lichfield Park also increased avg. sold prices from $289,233 up from $275,554. As well as Peoria, Phoenix, Glendale and Surprise all had slight increases in sales prices over last month. 

Inventory levels held steady with all West Valley cities seeing a slight decrease, continuing in with a “Sellers Market.”  However, Maricopa County overall saw inventory levels increase from 3.55 to 6.14 which is considered a “Buyer’s Market.” 

Thinking of Selling? Email us directly If you would like a more detailed Market analysis on your neighborhood or home value. 

Click to enlarge

Click to enlarge

Watch for home selling gimmicks, could mean less money in your pocket

March 8th, 2016

Lot’s of ads these days on the radio and even television promising “We’ll buy your house for cash and close within two weeks!” Be careful, could mean less money in your pocket, sellers!

You may have heard this… “Don’t mess with the hassle of selling your home, buyers asking for repairs, paying buyers closing costs, preparing your home for sale, strangers coming through your home, could take months to sell… We’ll buy your house for cash and close within two weeks! You may have heard the commercials, and thought, wow, that does sound better to just SELL without all the hassles. But you could be opening the door to LESS money in your pocket!

Now, I’m not going to tell you that selling your home is easy, but a little trouble could mean more money in your pocket. Let me show you what those hassles mean to your bottom line.

One of the “advantages” they claim to selling directly to them is “Zero days on Market.” Is this really an advantage though? Wouldn’t you want as many potential buyers as possible to see your home? Market Value is determined by potential buyers, and you could be missing out on multiple offers that could bring more money to your pocket.

Here is a actual comparison of a property the Jennifer Sanchez Team just SOLD compared to the company advertising this service. This was an actual quote shared with us from our client.

 

Un-named Home Buying Service            Jennifer Sanchez Team SOLD

 

$221,000 Cash Offer                     $225,000 Conventional loan

2.5% Service Charge                              3% Listing Broker

3% Buyer Broker Charge                        3% Buyer Broker

1.5% Holding Charge                         $4,898 Buyer’s Closing Cost

3.45% Market Risk                               $425 Home Warranty

1-3% Buyers Closing cost                        $1832 Title / Escrow Fees

1% Title / Escrow Fees                            $450 HOA Disclosure Fees

$450 HOA Disclosure Fees                      $180.00 Repair costs

** Repair cost TBD

_____________________                     __________________________

$195,253 Net Cash Value                               $203,715 Net Offer, which is +$8462.00 more money in our Seller’s pocket

Now, our clients did not receive an offer instantly, it took 14 days on the market and they received TWO offers which gave them the leverage to have the upper hand in the negotiations and the peace of mind knowing they did not give their house away, but rather they sold it for the most money the market would bring.

Now I don’t want to say that there are no hassles involved with selling your home; making beds, keeping things picked up, leaving your home for showings, decluttering and packing up to get the the home ready for the market. As a Listing Specialist, I always say, your going to pack your stuff to move anyway, decluttering is just a head start. And if your home is staged and ready for market, it will sell quickly and you wont have to worry about showings for very long. Isn’t the most amount of money in your pocket whats most important?

Be cautious of these claims and programs advertised. There is a reason these services pop up, and also a reason they don’t seem to stick around very long. It’s happened for years and it will always happen. Each market brings another creative approach and business opportunity. But hiring a professional real estate agent in our opinion is the only way to get proper exposure and get the most for your home. Don’t be taken advantage of by a middle-man.

Phoenix West Valley Market Report by City February 2016

March 3rd, 2016

Market Shift? We might beginning to see signs, as inventory levels continue to increase in all West Valley cities, except Peoria which held tight with January reports. Months of Inventory increased in Maricopa County from 3.25 to 3.55 months of inventory which is bringing us closer to a flat or “Normal Market.” Naturally with an increase in supply of homes for sale, we will see a decrease or stabilization in home prices. Which is exactly what we saw with the average price of homes sold in five West Valley cities last month, Avondale, Buckeye, Glendale, Goodyear and Surprise all saw prices drop in February. Goodyear had the biggest dip from $270,365 in Jan to $241,837 for Feb. For the third month in a row, Avondale continued to see price drops, yet they maintain the lowest inventory levels in the West Valley putting them in a Sellers Market. Good News, interest rates remain historically low and weather is perfect for shopping for that Dream Home! 

Thinking of Selling? Email us directly If you would like a more detailed Market analysis on your neighborhood or home value. This is a FREE service I offer.
DOWNLOADS:
February 2016a