Buyers Are Searching For Your House

The most recent Pending Homes Sales Index from the National Association of Realtors revealed a slight bump in contracts with an increase of 1.6% in December. This news comes as existing home sales are also forecasted to be on pace for 5.54 million in 2017, a 1.7% increase over 2016, which was the best year for sales in a decade.

The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed.

According to NAR’s Chief Economist, Lawrence Yun,

“Pending sales bounded last month as enough buyers fended off rising mortgage rates and alarmingly low inventory levels to sign a contract.”

So, what’s the problem?

Buyers are searching for existing homes, but supply is not keeping up with their demand!

Yun went on to explain,

“The main storyline in the early months of 2017 will be if supply can meaningfully increase to keep price growth at a moderate enough level for households to absorb higher borrowing cost. Sales will struggle to build on last year’s strong pace if inventory conditions don’t improve.” (emphasis added)

Bottom Line

Buyers are out in force right now! If you are considering selling your home this year, the early months of 2017 will be your best option. Let’s get together to discuss how you can capitalize on current market conditions.  J.P. Cook – 602-320-4253.

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

12064 W Morning Dove Drive Sun City, AZ 85373

$465,000

4 Beds

2 Baths

2,041 SqFt

Status Active

MLS # 6701502

Property Type Single Family Residence

Price Type --

*Not Age Restricted* Welcome to this beautiful home in the peaceful Rio Sierra! Nestled on a corner lot, it offers 4 beds, 2 baths, 2-car garage, & a lovely landscape. Fabulous interior showcases vaulted ceilings, neutral paint, tons of natural light, and wood-look flooring in all the right places. If entertaining is on your mind, you'll love the living & dining room combo and a family room that opens up to the kitchen! SS appliances, New Cabinets & Quartz counters, a Pantry, recessed lighting, ample cabinetry, Island w/breakfast bar, and a Dry bar w/Wine Rack & Beverage Fridge make up the kitchen. Main bedroom has an Ensuite with dual sinks, separate tub/shower, & a walk-in closet. Enjoy the tranquil backyard boasting a covered patio, mature trees, artificial turf, & well-laid pavers! This home is in the Peoria School District. Here's your opportunity to own a beautiful home & enjoy all the amenities Rio Sierra at Cross River community has to offer; such as playgrounds, basketball court, tennis courts, ramadas, soccer fields, picnic tables, barbeques, sand volleyball and large open areas. Close proximity to 303 freeway access, 20 minutes to shopping, dining, entertainment, health care, and beautiful Lake Pleasant Regional Park.

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5190 N Dime Drive -- Strawberry, AZ 85544

$465,000

2 Beds

2 Baths

1,320 SqFt

Status Active

MLS # 6700759

Property Type Single Family Residence

Price Type --

The log cabin you have been waiting for in the heart of Strawberry, AZ! Tucked away in the pine trees on a cul-de-sac, this 2-story cabin with a spacious loft is the perfect getaway. The vaulted tongue & groove ceilings, wood walls, hardwood floors and a cozy woodstove give a warm and rustic vibe while the large windows and skylights bring in plenty of natural light. The kitchen features brand-new appliances, breakfast bar & separate dining area. The cabin was constructed with 8'' spruce logs with an expansive deck for entertaining and an attached wood or storage shed. A covered breezeway provides addt'l parking for recreational vehicles. This log cabin isn't just a home; it's an opportunity to embrace the mountain lifestyle and start creating memories that will last a lifetime!

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782 S Beck Avenue Tempe, AZ 85281

$465,000

3 Beds

3 Baths

1,218 SqFt

Status Active

MLS # 6698225

Property Type Townhouse

Price Type --

Graced with a prime location in the heart of Tempe, this 3-bed, 3-bath home boasts a vibrant and spacious living space, perfect for a growing family or young professionals. With its modern design and open floor plan, this townhouse is ideal for hosting gatherings and entertaining guests. The convenient location provides easy access to nearby parks, shopping and dining. The property is also just a short distance from ASU, making it an ideal home for students and faculty. Enjoy the Arizona sunshine from the comfort of your private patio or balcony, perfect for outdoor relaxation. Don't miss the opportunity to make this stunning townhouse your new home sweet home. Check it out for yourself and experience the best of Tempe living!

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14141 N 133rd Drive Surprise, AZ 85379

$465,000

4 Beds

2 Baths

2,038 SqFt

Status Active

MLS # 6699095

Property Type Single Family Residence

Price Type --

This modern home in Surprise is now available! Vaulted ceilings give this home a wonderful spacious air while not compromising on a cozy feeling thanks to carpet and wood tile throughout. The kitchen is home to a beautiful island and a full suite of stainless steel appliances lit by updated modern light fixtures. The primary bedroom includes a walk-in closet and vaulted ceilings, while the bathroom enjoys dual sinks and private water closet. Outside a covered patio overlooks newer pavers, green spaces with smart irrigation system, and a pool with new cover. Updated AC unit (2020), solar panels, EV charger and smart Trane thermostat add to the modern touches! This home has a 2-car garage, access to nearby parks and green spaces, and is close to the Loop 303 and new shopping developments!

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1106 N 29th Street Phoenix, AZ 85008

$465,000

4 Beds

2 Baths

1,560 SqFt

Status Active

MLS # 6700725

Property Type Single Family Residence

Price Type --

Welcome home to this gem nestled in the heart of downtown Phoenix with NO HOA!! This spectacular home built in 2007 comes with 4 bedrooms and 2 baths and boasts over 1500 sf of livable space. The updated kitchen comes with updated white cabinetry and granite countertops and pantry. Tiled throughout this home offers a spacious master with walk in closet, 3 additional bedrooms and inside laundry. The home boasts an extra large lot (almost 9000 sf) with an RV gate and block fencing. Perfect lot size to design your own backyard oasis or to add a pool. Ideal for storing your ATV, boat or extra vehicles.

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2525 E Jasper Drive Gilbert, AZ 85296

$465,000

3 Beds

2 Baths

1,433 SqFt

Status Active

MLS # 6703688

Property Type Single Family Residence

Price Type --

** This Home has an Assumable Loan at 2.375%** Welcome to this great property located in the heart of Gilbert! This home offers 3 bedrooms, 2 bathrooms, with lots of natural light and soaring vaulted ceilings. The kitchen offers a pantry, dining nook and plenty of storage. The backyard has mature landscaping and lush grass giving the outdoor space a peaceful and relaxing atmosphere.

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12245 Bliss Avenue Bellemont, AZ 86015

$465,000

3 Beds

2.5 Baths

1,600 SqFt

Status Active

MLS # 6701142

Property Type Townhouse

Price Type --

This beautiful 3 bedroom, 2.5 bathroom townhouse is upgraded with granite countertops, Samsung stainless steel appliances, shaker cabinets with soft close drawers, and luxury vinyl flooring throughout! Excellent Flagstaff value with park views! Enjoy the low maintenance fenced/gated front yard, and an oversized garage providing extra storage. The home is energy efficient and features spray foam insulation. The community offers a children's playground, picnic gazebos, a pickleball court, a large grassy park area for activities and a separate fun dog park area. Tenant in place, lease ends 11/30/2024. Currently getting $2550/month！！！6% CAP RATE! Showings need 48 hours notice in advance.

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660 W Emelita Avenue Mesa, AZ 85210

$465,000

4 Beds

2 Baths

1,757 SqFt

Status Active

MLS # 6702595

Property Type Single Family Residence

Price Type --

Discover tranquility in this charming 4-bedroom, 2-bathroom home tucked away in Mesa's serene neighborhood. Boasting a new roof installed in '23, renovated bathrooms, and upgraded kitchens, in move in ready condition. Extra storage in the rear with shed and workshop, Fantastic screened in AZ room to enjoy our fantastic AZ evenings. Enjoy the convenience of a separate exterior entrance for the 4th bedroom. Great location with close proximity to freeways, shopping, restaurants, entertainment, sporting events, and all that the Valley has to offer.

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11218 W Sheridan Street Avondale, AZ 85392

$465,000

3 Beds

2 Baths

2,313 SqFt

Status Active

MLS # 6703923

Property Type Single Family Residence

Price Type --

Waterfront property. Large updated home on lake at Crystal Gardens. Lake has walking/ jogging trail. Huge masterbedroom with newly tiled shower and large walk in closet. New Quartz counters in bathrooms.New carpet and paint throughout, Island kitchen with granite countertops ( installed 2023). New stainless dishwasher and new gas stove. Large extra wall of cabinets in kitchen. Den with double doors. 2 living areas . Beautiful custom wall feature in family room. New fans and fixtures.

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6420 S Nash Way Chandler, AZ 85249

$465,000

3 Beds

2 Baths

1,700 SqFt

Status Active

MLS # 6703492

Property Type Single Family Residence

Price Type --

Look no further! Start living in this charming corner lot property in Heritage Park. NEW AC, fresh paint inside and exterior in 2024!! Home features an interior that boasts tile and wood-look flooring with NO CARPET. The welcoming great room leads into a kitchen equipped with white cabinets, quartz counters and a bright open floorplan! The primary bedroom is split and offers a private bathroom with dual sinks and a walk-in closet. Enjoy a serene backyard with a patio and ample space for fun barbecues. Community lets you enjoy a refreshing pool, play area, grade A+ schools and more! Conveniently located minutes away from La Paloma Park. Make this delightful home yours today!

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40745 N Citrus Canyon Trail Phoenix, AZ 85086

New

$465,000

3 Beds

2 Baths

1,432 SqFt

Status Active

MLS # 6704478

Property Type Single Family Residence

Price Type --

Welcome home! This turnkey property is ready for move in. Darling 3 bedroom, 2 bathroom home has just completed a full refresh. Top to bottom fresh paint, new carpet, brand new lighting and ceiling fans, new cabinet and door hardware throughout, and all new wood window blinds. Custom features like crown molding and baseboards, neutral tile, iron security door, and gas fireplace really set this home apart from the rest. Enjoy the backyard retreat with wash view fencing, oversized covered patio, and gas hookup for your grill! Create great memories around the gas firepit and on your own putting green! HVAC recently replaced with high efficient York system. Home is plumbed for reverse osmosis water filtration, and water softener. Photos don't do this justice, this one is a must see!

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7962 W Medlock Drive Glendale, AZ 85303

New

$465,000

3 Beds

2 Baths

1,758 SqFt

Status Active

MLS # 6705075

Property Type Single Family Residence

Price Type --

Beautiful 3 bed/2 bath with Den in El Prado. Upgrades galore. Finished courtyard. Accent walls in entryway and great room. Neutral offset tile in common areas. Den can be 4th bedroom. Upgraded kitchen cabinets, quartz counters and GE Cafe appliances all of which stay. Custom lighting in kitchen and dining area. Ceiling fans in great room and bedrooms. Custom draperies throughout. Primary bath with separate tub and shower, dual sink vanity, separate toilet room and walk in closet. Tons of extra storage in secondary hallway. Finished garage with service door to yard, extended 3 feet...YES your truck will fit! Extra outlets in garage and outside. Backyard landscaped with covered patio. MUST SEE!!

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