SHEA
YOUR 85259 LUXURY REAL ESTATE SPECIALIST
Just Sold by Kevin Owens!
LIFESTYLE
85259 LUXURY
SOJUS LD T !
J A N U A RY | F E B R U A RY 2 0 2 0
It’s A Seller’s Market!
10963 N. 136th Street | $1,000,000 4 bedrooms | 3.5 bathrooms | 3,194 sf
The Phoenix Real Estate market is considered a seller’s market with a 2.2-month supply of unsold single-family detached homes for sale based upon 8,032 sales in November with a current inventory of 18,322 active properties. As our spring market ramps up, inventory levels will continue to shrink. Does this mean prices are skyrocketing? Not necessarily. Our current situation reminds us of 2004 with the huge imbalance between supply and demand but the big difference is that we were seeing large price increases whereas in today’s market, prices are increasing at a gradual pace. So what can we expect for 2020? If you’re considering selling, you should be in the driver’s seat. If you’re looking to buy, it might be smart to do so sooner rather than later.
Here’s how Kevin sold this one… 4 19,172 + Online Views on Real Estate Websites 4 8,100+ Online Video Views 4 24,016 Social Media Hits by Active Buyers 4 31 Showings with Multiple Offers in just 5 Days 4 Sold By Kevin Owens for $15,000 over list price
THINKING OF SELLING?
Avg Price Per SqFt
2019 Nov
$244
Days on Market
Months Supply/ Inventory
# of Properties Sold
104
3.8
41
2019 Nov
2019 Nov
2019 Nov
➡ ➡ ➡ ➡
KEVIN OWENS REALTOR ® 480.217.9184
85259 STATS | LAST MONTH VS. LAST MONTH 2018 Positive/Negative Market Trend
See how Kevin will get your home SOLD at: YourSellingAdvantage.com
(up d)
(up d)
(up d)
(up d)
2018 Nov
2018 Nov
2018 Nov
2018 Nov
$221
109
6.9
29
Y O U R 8 5 2 5 9 L U X U RY R E A L E S TAT E S P E C I A L I S T 480.217.9184 | kevin@fineAZliving.com | www.fineAZliving.com All information is deemed reliable but not guaranteed.
If your home is currently listed, this is not a solicitation for that listing. Owned and operated by NRT, LLC.
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By Kevin Owens!