Adam Tarr PC's Phoenix area Real Estate Blog: 2017

Friday, August 4, 2017

4 bed, 2 bath 1763 sq ft - Johnson Ranch

Welcome home to this wonderful 4 bed, 2 bath home in Johnson Ranch. Great location in the south part of the community near the Indigo Sky Recreation Center with heated pool. Popular layout from D R Horton features two living spaces and island kitchen. Move in ready with new carpet. Kitchen features include a large walk in pantry, maple cabinets w/ lazy susan, and tile backsplash. Separate tub and shower and dual vanity in the master,fans in all bedrooms and much more. Johnson Ranch features community pools, tennis courts, basketball courts, pocket parks and a golf course.
You can call this home for only $190,000. For more info, contact Adam Tarr at 480-236-7374 or adam@WeAreAZRealEstate.com

For more pictures and information check out www.WeAreAZRealEstate.com/115

Friday, July 7, 2017

June Real Estate stats for Phoenix, AZ 85054

June 2017 saw a total of 26 homes sales in the 85054 Zip code of Northeast Phoenix. As of this writing there are 59 active listings and 12 under contract within 85054, so the inventory level is 2.27 months worth of supply based on the June sales. 85054 encompasses an area roughly bounded by Scottsdale Road, Jomax Rd, Tatum Blvd and the CAP Canal in Northeast Phoenix. Some of the main attractions and destinations in 85054 include Scottsdale 101 Shopping as well as Desert Ridge MarketPlace, High Street, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more in the adjacent 85050 ZIP code. The junction of the Loop 101 and SR 51 lies just east and the Loop 101 runs through 85054 with access at 56th St., 64th St. and Tatum Blvd. for easy access to all parts of the valley. For more information on the area as well as available homes, please call me at 480-236-7374.

Total June sales: 26
Average Price Per foot: $205.36
Sale price as a percentage of list price: 98%
Average sale price: $382,018
Average Days on market: 72

This breaks down by type as follows:

Single Family Detached Homes
Sale:14
Average Price Per foot: $215.68
Sale price as a percentage of list price: 98%
Average sale price: $501,441
Average Days on market: 68

Condos and Townhomes:
Total sales :12
Average Price Per foot: $193.31
Sale price as a percentage of list price: 98%
Average sale price: $242,692
Average Days on market: 77

Data includes single family detached homes, town homes and condos. It does not include mobile or land.
Adam Tarr PC
Realty ONE Group
480-236-7374

June 2017 Real Estate Stats for Phoenix, AZ 85050

June 2017 saw a total of 76 home sales in the 85050 Zip code of Northeast Phoenix. As of this writing there are 132 active listings and 80 under contract within 85050, so the inventory levels are 1.74 month's worth of supply based on the June sales. 85050 encompasses an area roughly bounded by Union Hills Drive, Cave Creek Road, Jomax Road and Tatum Boulevard in Northeast Phoenix. Some of the main attractions and destinations in 85050 include Desert Ridge MarketPlace, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more. The junction of the Loop 101 and SR 51 lies in the midst of 85050 for easy access to all parts of the valley. For more information on the area as well as available homes, please call me at 480-236-7374.
Total June sales: 76

Average Price Per foot: $184.98
Sale price as a percentage of list price: 98%
Average sale price: $373,224
Average Days on market: 69

This breaks down by type as follows:

Single Family Detached Homes
Sales: 66

Average Price Per foot: $184.18

Sale price as a percentage of list price: 98%
Average sale price: $386,790
Average Days on market: 57

Condos and Townhomes:
Total sales 10
Average Price Per foot: $190.25
Sale price as a percentage of list price: 99%
Average sale price: $283,690
Average Days on market: 154

Prices for all properties ranged from $195,000 for a 3/2.5, 1372 sq ft town home to $850,000 for a 5/4.5, 5123 sq.ft. single family home in Aviano at Desert Ridge. Data includes single family, town home and condos. Data does not include land or mobile.

It is rare that the months supply of inventory drops under 2 months. Summer typically slows down, so expect this to rise again due to that historic norm. Still, this is a strong indicator of continued strength and growth.
Adam Tarr PC
Realty ONE Group480-236-7374j

Thursday, July 6, 2017

Desert Ridge real estate update June 2017

June 2017 saw a total of 53home sales in the Desert Ridge area. As of this writing there are 134 active listings, This brings the inventory level to 2.53 months worth of supply based on the June sales. There are currently 58 properties under contract. Desert Ridge is a wonderful master planned community in Northeast Phoenix. Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley. Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods. For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374. Find out about the Desert Ridge Lifestyle now!

June Real Estate stats for Scottsdale AZ 85254

June 2017 saw a total of 105 home sales in the 85254 Zip code of Scottsdale. As of this writing there are 2240 active listings and 129 under contract within 85254, so the inventory levels are at 2.29 months worth of supply based on the June sales. 85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix. Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland Resort, CrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more. 85254 has long been called the "magic zip code" in the real estate business for it's desirability. For more information on the area as well as available homes, please call me at 480-236-7374.

Total June sales: 105
Average Price Per foot: $214.97
Sale price as a percentage of list price: 97%
Average sale price: $489,590
Average Days on market: 71

This breaks down by type as follows:

Single Family Detached Homes
Sales: 85
Average Price Per foot: $202.17
Sale price as a percentage of list price: 98%
Average sale price: $520,986
Average Days on market: 77

Condos and Townhomes:
Total sales :20
Average Price Per foot: $269.35
Sale price as a percentage of list price: 97%
Average sale price: $356,160
Average Days on market: 49

Prices for all properties ranged from $136,000 for a 2/1.5, 992 sq. ft. town house to $1.895M for a 5/4, 5316 sq.ft. custom home.

Adam Tarr PC
Realty ONE Group
480-236-7374

Wednesday, June 14, 2017

So... you are thinking of doing some updating instead of moving. One of the most common areas to update is the kitchen. Whether you plan to be in the home for the long haul, or only a couple more years, there is a lot to think about when choosing what to do with the update. It might be tempting to skimp on the budget if you expect to move in a couple years. But, doing it right will help your resale value.

The kitchen is one area of the home that sees the most wear and tear. All the water, heat, and food spills add up quickly so it’s important to focus on quality and lasting appeal when you’re choosing materials for a kitchen remodel. Here are a few things you should avoid:

Cheap Laminate Countertops: The bottom rung of laminate is extremely susceptible to wear and tear. It can melt if you forget to place a hot pad under a pan that’s fresh out of the oven and the edges can chip off from repeated exposure to moisture and heat.

Flat Paint: A flat or matte finish is great in rooms with lower traffic, but it’s a bad idea in the kitchen where the walls are regularly exposed to splatters and spills. You need paint that can withstand an occasional heavy scrubbing, so opt for gloss or semi-gloss finishes.

Trendy Backsplash: If you watch any home remodeling show, you’ll certainly see kitchens with expensive, elaborate backsplash designs and materials. Those trends can be pricey to pursue and can look dated in a hurry. Subway tile is a cheaper, classic option that you’ll never regret, plus you’ll have more room in your budget to purchase quality materials to be used elsewhere.

Cheap Flooring: Just like the countertops, your kitchen floor needs to be strong enough to take some abuse. Cheap flooring easily scuffs and peels (especially from moisture). Quality flooring is worth the investment.

If you are thinking of moving instead, please contact me so we can discuss how to best market your home and whatever finishes it has.

Adam Tarr PC
Realty ONE Group
480-236-7374
adam@WeAreAZRealEstate.com

Monday, June 5, 2017

May 2017 real estate stats for Phoenix, 85050

May 2017 saw a total of 69 home sales in the 85050 Zip code of Northeast Phoenix. As of this writing there are 138 active listings and 94 under contract within 85050, so the inventory levels are 2 month's worth of supply based on the May sales. 85050 encompasses an area roughly bounded by Union Hills Drive, Cave Creek Road, Jomax Road and Tatum Boulevard in Northeast Phoenix. Some of the main attractions and destinations in 85050 include Desert Ridge MarketPlace, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more. The junction of the Loop 101 and SR 51 lies in the midst of 85050 for easy access to all parts of the valley. For more information on the area as well as available homes, please call me at 480-236-7374.
Total May sales: 69

Average Price Per foot: $183.81
Sale price as a percentage of list price: 98%
Average sale price: $381,541
Average Days on market: 65

This breaks down by type as follows:

Single Family Detached Homes
Sales: 58

Average Price Per foot: $182.99

Sale price as a percentage of list price: 98%
Average sale price: $400,230
Average Days on market: 63

Condos and Townhomes:
Total sales 11
Average Price Per foot: $188.15
Sale price as a percentage of list price: 97%
Average sale price: $283,000
Average Days on market: 71

Prices for all properties ranged from $225,000 for a 2/2, 1238 sq ft condo and a 2/2, 1052 sq ft single family home to $995,000 for a 4/4.5, 51236 sq.ft. single family home in Aviano at Desert Ridge. Data includes single family, town home and condos. Data does not include land or mobile.

Adam Tarr PC
Realty ONE Group480-236-7374

Desert Ridge May 2017 real estate stats

May 2017 saw a total of 54 home sales in the Desert Ridge area. As of this writing there are 128 active listings, This brings the inventory level to 2.37 months worth of supply based on the May sales. There are currently 72 properties under contract. Desert Ridge is a wonderful master planned community in Northeast Phoenix. Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley. Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods. For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374. Find out about the Desert Ridge Lifestyle now!

Thursday, May 4, 2017

Desert Ridge Real Estate Stats for April 2017

April 2017 saw a total of 35 home sales in the Desert Ridge area. As of this writing there are 143 active listings, This brings the inventory level to 4.09 months worth of supply based on the April sales. There are currently 80 properties under contract. Desert Ridge is a wonderful master planned community in Northeast Phoenix. Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley. Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods. For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374. Find out about the Desert Ridge Lifestyle now!

Wednesday, April 5, 2017

Desert Ridge Real Estate Stats March, 2017

March 2017 saw a total of 44 home sales in the Desert Ridge area. As of this writing there are 137 active listings, This brings the inventory level to 3.11 months worth of supply based on the March sales. There are currently 68 properties under contract. Desert Ridge is a wonderful master planned community in Northeast Phoenix. Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley. Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods. For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374. Find out about the Desert Ridge Lifestyle now!

March 2017 Real Estate stats for Scottsdale, AZ 85254

March 2017 saw a total of 105 home sales in the 85254 Zip code of Scottsdale. As of this writing there are 251 active listings and 137 under contract within 85254, so the inventory levels are at 2.39 months worth of supply based on the March sales. 85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix. Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland Resort, CrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more. 85254 has long been called the "magic zip code" in the real estate business for it's desirability. For more information on the area as well as available homes, please call me at 480-236-7374.

Total March sales: 105
Average Price Per foot: $210.30
Sale price as a percentage of list price: 98%
Average sale price: $501,147
Average Days on market: 83

This breaks down by type as follows:

Single Family Detached Homes
Sales: 93
Average Price Per foot: $204.29
Sale price as a percentage of list price: 98%
Average sale price: $505,224
Average Days on market: 81

Condos and Townhomes:
Total sales :12
Average Price Per foot: $256.93
Sale price as a percentage of list price: 97%
Average sale price: $469,550
Average Days on market: 101

Prices for all properties ranged from $133,000 for a 1/1, 753 sq. ft. condo to $2.65M for a 4/4.5, 4450 sq.ft. custom home under construction.

Adam Tarr PC
Realty ONE Group
480-236-7374

Wednesday, January 4, 2017

December 2016 real estate stats Scottsdale, AZ 85254

Desert Ridge - Phoenix December 2016 market stats

December 2016 saw a total of 40 home sales in the Desert Ridge area. As of this writing there are 135 active listings, This brings the inventory level to 3.38 months worth of supply based on the December sales. There are currently 51 properties under contract. Desert Ridge is a wonderful master planned community in Northeast Phoenix. Desert Ridge is ideally situated close to the junction of the Loop 101 and SR 51 for easy access to all parts of the valley. Desert Ridge boasts award winning schools, fabulous shopping and dining and wonderful neighborhoods. For more info on Desert Ridge Homes, check out Desert Ridge or call me at 480-236-7374. Find out about the Desert Ridge Lifestyle now!

December 2016 Real Estate stats for Phoenix, AZ 85054

December 2016 saw a total of 16 homes sales in the 85054 Zip code of Northeast Phoenix. As of this writing there are 65 active listings and 16 under contract within 85054, so the inventory level is 4.06 months worth of supply based on the December sales. 85054 encompasses an area roughly bounded by Scottsdale Road, Jomax Rd, Tatum Blvd and the CAP Canal in Northeast Phoenix. Some of the main attractions and destinations in 85054 include Scottsdale 101 Shopping as well as Desert Ridge MarketPlace, High Street, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more in the adjacent 85050 ZIP code. The junction of the Loop 101 and SR 51 lies just east and the Loop 101 runs through 85054 with access at 56th St., 64th St. and Tatum Blvd. for easy access to all parts of the valley. For more information on the area as well as available homes, please call me at 480-236-7374.

Total December sales: 16
Average Price Per foot: $215.43
Sale price as a percentage of list price: 98%
Average sale price: $374,129
Average Days on market: 122

This breaks down by type as follows:

Single Family Detached Homes
Sale:7
Average Price Per foot: $221.78
Sale price as a percentage of list price: 97%
Average sale price: $448,929
Average Days on market: 77

Condos and Townhomes:
Total sales :9
Average Price Per foot: $210.50
Sale price as a percentage of list price: 98%
Average sale price: $315,951
Average Days on market: 157

Data includes single family detached homes, town homes and condos. It does not include mobile or land.
Adam Tarr PC
Citywide Real Estate
480-236-7374

December 2016 real estate stats Phoenix, AZ 85050

December 2016 saw a total of 52 home sales in the 85050 Zip code of Northeast Phoenix. As of this writing there are 121 active listings and 61 under contract within 85050, so the inventory levels are 2.35 month's worth of supply based on the December sales. 85050 encompasses an area roughly bounded by Union Hills Drive, Cave Creek Road, Jomax Road and Tatum Boulevard in Northeast Phoenix. Some of the main attractions and destinations in 85050 include Desert Ridge MarketPlace, Musical Instrument Museum, Horse Lovers Park, Reach 11 Sports Complex, Excelling Paradise Valley Unified School District schools and much more. The junction of the Loop 101 and SR 51 lies in the midst of 85050 for easy access to all parts of the valley. For more information on the area as well as available homes, please call me at 480-236-7374.
Total December sales: 52

Average Price Per foot: $171.19
Sale price as a percentage of list price: 98%
Average sale price: $392,775
Average Days on market: 73

This breaks down by type as follows:

Single Family Detached Homes
Sales: 47

Average Price Per foot: $170.38

Sale price as a percentage of list price: 98%
Average sale price: $398,964
Average Days on market: 68

Condos and Townhomes:
Total sales 5
Average Price Per foot: $178.78
Sale price as a percentage of list price: 97%
Average sale price: $334,559
Average Days on market: 122

Prices for all properties ranged from $250,000 for a /2 1691 sf single family detached home to $827,500 for a 6/4, 4640 sq.ft. single family home in Aviano at Desert Ridge. Data includes single family, town home and condos. Data does not include land or mobile.

Adam Tarr PC
Citywide Real Estate
480-236-7374