FIREDR
YOUR FIRESIDE REAL ESTATE SPECIALIST
Just Listed by Kevin Owens!
Just Sold by Kevin Owens!
FIRESIDE L I F E S T Y L E
J A N U A RY | F E B R U A RY 2 0 2 0
3826 E. Quail Avenue | $765,000
3730 E. Ember Glow Way | $890,000
Redwood | 3,537 sf | 5 bedrooms | 3.5 bathrooms Property website: www.FiresideRedwood.com
Amazon | 4,302 sf | 6 bedrooms | 4.5 bathrooms
It’s A Seller’s Market!
Just Sold by Kevin Owens!
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.
3726 E. Cat Balue Drive | $635,000
Saguaro | 3,812 sf | 4 bedrooms | 3.5 bathrooms
REALTOR ®
480.217.9184 Proud Triple Crown Sponsor of the Fireside Elementary PTO
Avg Price Per SqFt
2019 Nov
$197
Days on Market
Months Supply/ Inventory
# of Properties Sold
48
1.4
66
2019 Nov
2019 Nov
2019 Nov
➡ ➡ ➡ ➡
KEVIN OWENS
85050 STATS | LAST MONTH VS. LAST MONTH 2018 Positive/Negative Market Trend
THINKING OF SELLING?
See how Kevin will get your home SOLD at: YourFiresideRealtor.com
(up d)
(up d)
(up d)
(up d)
2018 Nov
2018 Nov
2018 Nov
2018 Nov
$200
58
2.8
48
FOLLOW KEVIN: k e v i n o w e n s re a l t o r
a z re a l t o r k e v i n
fineAZliving.com
Y O U R F I R E S I D E AT D E S E RT R I D G E 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 If your home is currently listed with a REALTOR, please disregard this notice. It is not our intention to solicit the offers of other brokerages.
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Market Update Presented
By Kevin Owens!