AVIANO MARCH | APRIL
Phoenix is projected as the number one housing market for 2017 by REALTOR.com
Aviano Cover Home
Brad Hunter, chief economist with Colorado-based HomeAdvisor Inc., said Phoenix has some advantages in 2017 compared to other markets.
So Hunter expects healthy gains in 2017.
The market ended 2016 with its best year for sales volume since 2006. Sales of new and existing homes totaled 115,837 in 2016, according to RL BrownHousing Reports.
Existing home sales totaled 99,955 – up 7.9 percent from 2015 — and new home sales were up 32 percent from last year ending 2016 with 15,882 closing, according to RL Brown The run up in rental prices could propel more younger demographics to move towards home purchases. When rental prices are starting to hit $1,600 and $1,700 per month, the economics of buying a house and the mortgage interest deduction makes more sense. Lugo said the prospect of higher interest rates could encourage potential purchasers to move forward before mortgages get more expensive.
Crushing on Craft Spirits JUST LISTED BY KEVIN OWENS | 3511 EAST TRACKER TRAIL Del Oro | 4,220 sf | 4 Bedrooms | 3.5 Bathrooms
www.DelOroDesire.com Nestled on a private interior lot in acclaimed Aviano at Desert Ridge, this well-appointed ‘’Del Oro’’ floor plan boasts a desirable ground level master suite, a downstairs den/ office, loft with play room, and spacious additional bedrooms. The over-sized backyard is ready for entertaining friends and family, offering a sparkling diving pool with water feature, relaxing spa, cozy fire pit, a large grassy play area, and built-in barbecue. Inside, an abundance of natural light, neutral finishes, and high ceilings creates an inviting, warm atmosphere. Adjacent to natural desert open space with a walking path, this home is conveniently located just minutes to The Club at Aviano.
ADDRESS
3,539 2,790 3,785 4,640
PRICE / SQFT
SOLD PRICE
$141.28 $198.92 $178.34 $183.38
$500,000 $555,000 $675,000 $850,900
85050 STATS | LAST MONTH VS. LAST MONTH 2016 Avg Price Per SqFt
$176
Months Supply/ Inventory
# of Properties Sold
58
3.6
44
2017 JAN
2017 JAN
2017 JAN
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(up row green)
(up ow green)
2016
2016
2016
2016
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Positive/Negative Market Trend
2017 JAN
Days on Market
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KEVIN OWENS REALTOR ® 480.217.9184
SQFT
22418 N 37th Terrace 3538 E Robin Lane 22309 N 39th Street 3517 E Nocona Lane
THINKING OF SELLING? Contact Kevin today at 480.217.9184 to take advantage of this market!
Sold in Aviano
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“Phoenix started its recovery later,” Hunter said. “We had to rebound from a much deeper bottom.”
$164
38
3.3
(down arrowed)
39
Y O U R AV I A N O 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 SOLDS in Aviano since January 1, 2017. Single Family Detached. All information is deemed reliable but not guaranteed. The properties on this list have been listed/sold by various members of the MLS.
If your home is currently listed, this is not a solicitation for that listing. Owned and operated by NRT, LLC.
2017
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Can the Valley live up to that billing?
At the top of that list is that most other big U.S. real estate markets recovered faster than Phoenix, which was hit hard by the last recession and crash. Phoenix has more room for improvement in prices than the likes of Denver and coastal markets that already have seen run ups.
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