23% of Listings Under $200K Sell Over List Price, Greater Phoenix Appreciation 6.2% Overall, But Var

For Buyers: There are currently 1,399 normal* single family listings between $100K-$200K in Greater Phoenix and supply levels are not expected to rise in this price range going into 2018. In the last half of 2017, an average of 1,396 normal single family new listings were added each month while 1,375 per month were sold in this price range. In November, 23% sold over list price compared to 27% last June and 28% closed with full price offers compared to 28% in June. *A normal listing is one that is not a short sale or foreclosure. For Sellers: The overall appreciation rate based on annual sale price per square foot in Greater Phoenix is 6.2%. However, supply and demand are not the same by pri

Market Summary for Beginning of December

Starting with the basic ARMLS numbers for December 1, 2017 and comparing them with December 1, 2016 for all areas & types: Active Listings (excluding UCB): 18,422 versus 20,928 last year - down 12.0% - and down 1.2% from 18,646 last month Active Listings (including UCB): 22,019 versus 24,514 last year - down 10.2% - and down 1.7% compared with 22,403 last month Pending Listings: 5,579 versus 5,782 last year - down 3.5% - and down 1.2% from 5,646 last month Under Contract Listings (including Pending, CCBS & UCB): 9,176 versus 9,368 last year - down 2.0% - and down 2.4% from 9,403 last month Monthly Sales: 7,180 versus 6,875 last year - up 4.4% - but down 3.2% from 7,421 last month Monthly Ave

Fun Holiday Things To Do Around the Valley!

Whether you live here in the Valley or are just visiting...there are a lot of fun things going on during this Holiday Season...from light displays to ice skating to a hometown Christmas parade. Check out some fun things to do with family and friends...

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TO CONTACT OUR TEAM PLEASE CALL OR EMAIL US:

CRESTMARK REALTY GROUP

RAEGEN JOHNSON

Realtor

C:  602.330.5362

O:  602.362.5484

E: Raegen@RaegenJohnsonGroup.com

SARAH HERR

Realtor

C: 602.499.3175

O: 602.362.5484

E:Sarah@RaegenJohnsonGroup.com

JULI FEINBERG

Broker

O: 480-342-8889

E: Julif@jclam.com

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