Market Reports Archives - Page 3 of 19 - Greater Phoenix Arizona Real Estate

ENCANTERRA REAL ESTATE MARKET: AUGUST 2024 UPDATE

As of August 14, 2024, the Encanterra Real Estate market continues to exhibit activity with 46 active listings for half of August, accompanied by 6 new listings. This indicates a steady stream of properties available for potential buyers, contributing to a diverse and dynamic market. Pending listings for the same period show 6 properties awaiting closure.

Stay tuned for our upcoming newsletter, where we will delve into year-over-year market trends for a more comprehensive analysis. Whether buying or selling in Encanterra, contact us anytime at @Shea Preferred Realty Group for expert assistance.

REAL ESTATE MARKET REPORT – JULY 2024

See the market report details in July from the year 2023 to 2024 in the slides below. All data is directly from the Arizona MLS.

As we navigate through these market dynamics, potential buyers and sellers are encouraged to stay informed. For expert guidance and support in your Encanterra real estate endeavors, contact us at SHEA PREFERRED REALTY GROUP. Stay tuned next month for further insights into the evolving Encanterra Real Estate Market.

ENCANTERRA REAL ESTATE MARKET: JULY 2024 UPDATE

As of July 17, 2024, the Encanterra Real Estate market continues to exhibit activity with 38 active listings for half of July, accompanied by 6 new listings. This indicates a steady stream of properties available for potential buyers, contributing to a diverse and dynamic market.

Pending listings for the same period show 5 properties awaiting closure, with 6 successful closings. The average days on market in Encanterra for July 1 – 17, 2024, stands at 83 days. Looking at the average list and sale figures, the average list price for July 1 – 17, 2024 closings is $594,617 while the average sold price is $582,233. This indicates a 98% sold-to-list price ratio.

REAL ESTATE MARKET REPORT – JUNE 2024

See the market report details in June from the year 2023 to 2024 in the slides below. All data is directly from the Arizona MLS.

Homeownership: Your Best Defense Against Inflation

Investing in homeownership is one of the smartest financial decisions you can make, especially in today’s economic climate. With inflation on the rise, protecting your portfolio is crucial, and real estate offers a stable and appreciating asset over time.

Owning a home provides numerous advantages:

Stable Payments: A fixed-rate mortgage ensures predictable monthly payments, even if taxes and insurance rates change.
Tax Benefits: Mortgage interest, insurance premiums, and property taxes can be tax-deductible.
Freedom to Renovate: Homeowners can make any desired changes or renovations without needing landlord approval.
Access to Funds: A Home Equity Line of Credit (HELOC) allows you to finance home improvements, renovations, or other needs.

Over the past quarter, homeowners gained an average of $34,300 in equity. The average homeowner now holds $300,000 in total equity, with homes selling for a median of $85,000 above the purchase price.

For a detailed analysis of your home’s appreciation since purchase, contact us today. We’re here to help you make informed decisions and maximize your investment. Remember, in today’s market, the best defense is a good offense!

Encanterra Real Estate Insights – The Last 18 Months

The Encanterra real estate market has seen significant activity over the past 18 months, with 181 closed resale listings since January 1, 2023. Notably, the top two selling Realtors in the community were responsible for an impressive 38% of the total volume, accounting for 69 of these sales. In stark contrast, 60 Realtors managed to sell only one property each. This data underscores the importance of choosing experienced agents who understand the nuances of the Encanterra market.

During the same period, there were 97 cancelled or expired listings, equating to a 50% ratio compared to successful closings. This means that for every two homes sold, one listing was either cancelled or expired. The high cancellation rate highlights the complexities involved in selling homes in a specialized community like Encanterra.

Successfully selling a home here requires meticulous attention to detail. From decluttering and staging to landscaping and routine maintenance, every aspect of a home’s presentation can impact its marketability. In today’s competitive market, these tasks are not just about obtaining a higher price but are essential for achieving a sale.

TJ and Ben pride ourselves on our hands-on approach, personally overseeing every step of the listing process. With extensive experience and numerous referrals, we are well-equipped to help you navigate the Encanterra real estate market. If you’re considering selling or know someone interested in buying or selling, we offer unparalleled expertise and familiarity with the community.

ENCANTERRA REAL ESTATE MARKET: JUNE 2024 UPDATE

As of June 18, 2024, the Encanterra Real Estate market continues to exhibit activity with 53 active listings for half of June, accompanied by 10 new listings. This indicates a steady stream of properties available for potential buyers, contributing to a diverse and dynamic market.

Pending listings for the same period show 6 properties awaiting closure, with 6 successful closings. The average days on market in Encanterra for June 1-18, 2024, stands at 109 days. Looking at the average list and sale figures, the average list price for June 1 – 18, 2024 closings, is $586,050, with the average sold price at $567,917. This indicates a 97% sold-to-list price ratio.

REAL ESTATE MARKET REPORT – MAY 2024

See the market report details in May from the year 2023 to 2024 in the slides below. All data is directly from the Arizona MLS.

ENCANTERRA REAL ESTATE MARKET: MAY 2024 UPDATE

As of May 14, 2024, the Encanterra Real Estate market continues to exhibit activity with 56 active listings for the first 2 weeks of May, accompanied by 5 new listings. This indicates a steady stream of properties available for potential buyers, contributing to a diverse and dynamic market.

Pending listings for the same period show 7 properties awaiting closure, with 3 successful closings. The average days on market in Encanterra for May 1-14, 2024, stands at only 20 days. Looking at the average list and sale figures, the average list price for May 1-14, 2024 closings, is $699,633, with the average sold price at $697,000. This indicates a 99% sold-to-list price ratio.

REAL ESTATE MARKET REPORT – APRIL 2024

See the market report details in April from the year 2023 to 2024 in the slides below. All data is directly from the Arizona MLS.

« Previous Page

Listing Notifications

Stay Connected