2 0 1 7
March was a great month for Phoenix: wonderful weather, spring training, and plenty of homebuying. Valley home sales and prices are up and expected to keep climbing based on last month’s pace.
| M AY
Exclusively Represented by Kevin Owens C HOOV M ER E
Strong March great sign for metro Phoenix housing in 2017
F iresi d e
Custom Cruising
The final results aren’t yet in for Phoenix’s housing market in March, but real-estate analysts and agents are already calling it the third straight month of a winning streak for sales and prices. And what happens in the Valley’s housing market during March is a good sign of what’s to come during rest of the year.
High Fun on the High Seas
• Metro Phoenix’s median home price climbed to $245,208 in February, up about $1,500 from December 2016, reports real-estate expert Mike Orr’s Cromford Report.
21416 N. 38th PLACE
Chatanooga | 4,371sf | 6 Bedrooms | 5.5 Bathrooms CO UN NT DE RA R CT !
www.PrivatePoolsideParadise.com
SOJUS LD T !
• Valley home sales were up 12.5 percent during January and February compared with last year, according to the Arizona Regional Multiple Listing Service’s latest market report.
J U N E
FIREDR
YOUR FIRESIDE REAL ESTATE SPECIALIST
L I F E S T Y L E
• So far this year, the number of homes for sale is down 10 percent from last year.
Orr doesn’t appear worried about a bubble and bust, and he analyzes the Valley home-sales numbers in many different ways, every day.
“Prices are moving gently upwards, and sales volumes are stronger than last year,” he said.
Source: azcentral.com
3712 E. MATTHEW DRIVE
3803 E. RINGTAIL WAY
5 Bedrooms | 4.5 Bathrooms www.AlluringAsacha.com
4 Bedrooms | 4.5 Bathrooms www.FiresideChesapeake.com
Asacha | 2,582sf
85050 STATS | LAST MONTH VS. LAST MONTH 2016 Months Supply/ Inventory
# of Properties Sold
51
3.3
53
2017 MAR
2017 MAR
(up arrw red)
(up row green)
(up ow green)
2016
2016
2016
2016
$176
➡ ➡
Positive/Negative Market Trend
KEVIN OWENS REALTOR ® 480.217.9184
Days on Market
➡
Avg Price Per SqFt
THINKING OF SELLING? Contact Kevin today at 480.217.9184 to take advantage of this market!
Chesapeake | 3,892sf
➡
• Phoenix-area houses are selling an average of two days faster than last year.
$169
37
2017 MAR
2.8
2017 MAR
All information is deemed reliable but not guaranteed.
Building a Healthy Home
Geisha A Go Go Tempura Rock Shrimp
(down arrowed)
50
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, this is not a solicitation for that listing. Owned and operated by NRT, LLC.
Wellness Real Estate
ISSN-1939-943X Produced by DLP Marketing • (480)460-0996 • DLPmarketing.com
Fireside Cover Home
Exclusively Represented By Kevin Owens