Existing Home Sales Reach Highest Mark Since 2007

Existing Home Sales Reach Highest Mark Since 2007 [INFOGRAPHIC] | Simplifying The Market

Highlights:

  • Sales of existing homes reached the highest pace in a decade at a seasonally adjusted annual rate of 5.69 million.
  • January marked the 59th consecutive month of year-over-year price gains as the median home price rose 7.1% to $228,900.
  • NAR’s Chief Economist, Lawrence Yun had this to say, “Much of the country saw robust sales activity last month as strong hiring and improved consumer confidence at the end of last year appear to have sparked considerable interest in buying a home.” 

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1963 E Villa Theresa Drive Phoenix, AZ 85022

$514,999
4 Beds
2.5 Baths
2,039 SqFt
Status Active
MLS # 6687314
Property Type Single Family Residence
Price Type --
This awesome Cul De Sac home has 4 bedroom - 2 ½ baths, just minutes from the 51, 17 and 101 freeways. This home has a vaulted ceiling in the Great room flowing into the Kitchen with Granite Counters and Breakfast bar. Remodeled ½ bath downstairs for your guest to use. Both upstairs bathrooms have private toilet rooms. The Backyard is a well groomed space with a built in BBQ area and wide paved area on the side yard. Refrigerator, washer an dryer are new and stay with the house. Under stair storage was converted to a pantry. Updated in 2018, 14 SEER Variable Speed Trane HVAC system, Rheem smart water heater, and Lux Geo smart thermostat. Security system installed but not monitored. Garage door with a dual spring set up replaced 2 years ago.

41143 W Rio Bravo Drive Maricopa, AZ 85138

$514,999
4 Beds
2.5 Baths
2,828 SqFt
Status Active
MLS # 6691288
Property Type Single Family Residence
Price Type --
Just in time for summer! Check out this gorgeous 4 bedroom 2.5 bathroom POOL home located in the beautiful LAKE community of The Lakes Of Rancho El Dorado! Complete with additional loft and den spaces this home also features a 3 car tandem garage and RV Gate WITH concrete driveway down the side of the home! The back yard also features an extended patio, sand fire pit area, above ground spa and did we mention the POOL! This and so much more to see and love in this home.

20056 W Exeter Boulevard Litchfield Park, AZ 85340

$514,995
4 Beds
3 Baths
2,220 SqFt
Status Active
MLS # 6663940
Property Type Single Family Residence
Price Type --
You'll find plenty to love about the Raleigh plan! The center of the home boasts a large Gourmet kitchen with a convenient center island and walk-in pantry, which flows into an open-concept dining room and great room. The owner's suite is adjacent, with a private bath and a walk-in closet. There are two bedrooms and a full bath off Great room and a convenient Laundry room. There is a 4th bedroom with a walk in closed at front of house with an adjacent bathroom, which can be used as a quest room away from everyone. This is a must see!!

19555 W Jamestown Road Buckeye, AZ 85396

$514,995
4 Beds
3 Baths
2,570 SqFt
Status Active
MLS # 6686620
Property Type Single Family Residence
Price Type --
This home is a Celeste 4 Bedroom + Study, 3 Bathroom, 2 Car Garage

5527 W Thurman Drive Laveen, AZ 85339

$514,990
3 Beds
2.5 Baths
2,178 SqFt
Status Active
MLS # 6698912
Property Type Single Family Residence
Price Type --
Step into luxury with this stunning 2100 square foot single-story new construction home, boasting a sleek modern desert exterior that commands attention. As you approach, the clean lines and desert-inspired hues welcome you with a sense of contemporary elegance. The focal point of this home is undoubtedly the impressive 4-car super garage, offering ample space for all your vehicles and storage needs. Whether you're a car enthusiast or simply require extra space for hobbies and equipment, this garage has you covered. Upon entering, you're greeted by a spacious and airy interior, characterized by 9-foot ceilings that create an open and inviting atmosphere. Every detail has been carefully curated to exude sophistication and style. The heart of the home is the kitchen, featuring stainless steel appliances that add a touch of modernity and functionality. 42-inch-tall cabinets, adorned with sleek hardware, provide ample storage space while adding a touch of luxury to the space. The subway-style backsplash adds a contemporary flair, perfectly complementing the granite countertops that gleam with elegance and durability. Throughout the main living areas, wood-like plank tile flooring creates a seamless flow and adds warmth to the space. However, in the bedrooms, plush carpeting creates a cozy retreat perfect for relaxation. With 8-foot tall doors adding a sense of grandeur to each room, and situated on a large homesite, this home offers the perfect blend of style, comfort, and functionality. Whether you're entertaining guests or enjoying quiet evenings at home, this single-story oasis is sure to exceed your expectations and provide the ultimate in luxurious living.

5610 W Thurman Drive Laveen, AZ 85339

$514,990
3 Beds
2.5 Baths
2,178 SqFt
Status Active
MLS # 6696934
Property Type Single Family Residence
Price Type --
Introducing the Ruby plan, an exquisite modern desert retreat offering 3 bedrooms, 2.5 bathrooms, and a versatile den across its expansive 2173 square feet. Welcomed by a sleek paver driveway, this residence exudes contemporary charm and sophistication.Step inside to discover the seamless fusion of style and functionality, with grey wood-look tile flooring anchoring the open-concept living spaces. The kitchen is a culinary haven, featuring grey cabinets with upper cabinets reaching 36 inches in height, complemented by a crisp white backsplash and luxurious granite countertops.Designed with entertaining in mind, the home boasts a 4-panel sliding glass door leading to the backyard oasis, where outdoor gatherings await. The split floorplan ensures privacy, with the secondary bedrooms situated up front and the primary suite tucked away at the rear.Indulge in the comfort of the primary bath, complete with double vanities and a spacious walk-in shower. The convenience continues with a 4-car tandem super garage, providing ample space for vehicles and storage.This home comes fully equipped with blinds, appliances, and a garage door opener, offering a turnkey solution for modern living. Don't miss the opportunity to call the Ruby plan your own and experience the epitome of desert luxury.

20060 W Palo Verde Drive Litchfield Park, AZ 85340

$514,990
5 Beds
4.5 Baths
3,131 SqFt
Status Active
MLS # 6700152
Property Type Single Family Residence
Price Type --
Come experience this Beautiful BRAND NEW Home in a highly desirable West Valley location. Prime Lot backing State Trust Land with Stunning Views of the White Tank Mountains! Featuring countless upgrades such as 9' ceilings, Shaw tile flooring, Granite countertops in the kitchen. Whirlpool Stainless steel appliances including the refrigerator. White Shaker cabinets. Energy-efficient features throughout, programmable thermostat, gas water heater, gas range, Whirlpool washer & dryer. Spacious walk-in closet in primary suite. Front yard landscaping, covered patio in the backyard. Spectacular Mountain Views! Minutes from Verrado in a master-planned community featuring walking trails, greenbelts, neighborhood park with playground, soccer field, and volleyball court. Conveniently located near the I-10 and 303, top-rated schools, shopping, and dining!

12057 W Ashby Drive Peoria, AZ 85383

$514,990
4 Beds
2.5 Baths
2,160 SqFt
Status Active
MLS # 6670687
Property Type Single Family Residence
Price Type --
Vibrant Vistancia Village Home Now on Market! This tremendously popular floorplan is situated on a larger corner lot in the high-demand master-planned community as well as the very popular 85383 ZIP code, giving access to the lifestyle sought in the greater north Valley of the Sun! From indoor & outdoor living as well as access to shopping, dining, education & other amenities, this home cannot be beat. The forward-thinking versatile layout is great for a first-time owner or move-down or even a seasonal lock & leave home as the dual living areas allow for room to spread out while still feeling connected! All appliances convey, plus durable finishes plus upgraded master bath & new carpet in living areas & master suite round out the upgrades for this gem - come & see!

31033 N 251st Avenue Wittmann, AZ 85361

$514,900
4 Beds
2 Baths
1,850 SqFt
Status Active
MLS # 6699999
Property Type Single Family Residence
Price Type --
Welcome to your stunning newly built home on 1 acre ranch with beautiful surrounding mountain views! New homes built near the home and throughout Wittmann. Enter the home into a sizeable grand room with dining area and kitchen. Wood plank-like tiling throughout the home with ceiling fans in the great room and all bedrooms. Kitchen has graphic granite on large island and countertops, SS microwave and oven/stove with hood. Large primary bedroom and ensuite bathroom with double sinks w/ granite, tiled shower, toilet room, and linen closet. Walk in closet with built in shelving. Guest bath also has double sinks w/ granite and a tiled shower/tub. Ample size additional 3 bedrooms complete the interior. Covered patio with ample space for your horses, toys, sheds, etc., and No HOA! Welcome Home!!

303 W 9th Street Mesa, AZ 85201

$514,900
3 Beds
2 Baths
1,824 SqFt
Status Active
MLS # 6694337
Property Type Single Family Residence
Price Type --
Home is eligible for a property specific $7500 grant when financing through PNC Bank with FHA or Conventional loan as a primary residence. Just on the edge of the gorgeous Evergreen Historic District on a lovely tree lined street you will find this remodeled mid-century home offering a central Mesa location, nearby amenities and the perfect blend of original charm and modern touches you've come to expect. Art & design lovers, the long time owners have maintained and remodeled this home offering a unique space to create the life you've dreamed of. An updated kitchen with newer appliances and a formal dining room and living room comprise the heart of the home. Two secondary bedrooms and a primary ensuite bedroom, boasting two closets, complete the front portion of the home. A permitted addition at the back of the home includes a nice size laundry room, a generous storage area, and a large great room overlooking thebeautiful backyard providing a wonderful space to entertain and relax. Set up a pool table and you'll have a fantastic game room! New paint, beautiful wood and tile floors abound with NO CARPET! A 3 year old roof, 8 year old a/c unit, 5 year old water heater, brand new sewer line to the street, and ridiculously low utility bills make this home a find, both stylistically and economically. The gorgeous backyard includes an expansive covered patio, fruit trees, rose bushes and lush irrigated landscaping with a large RV gate opening to the roadway behind. And did we mention the location? Watch the on-going evolution of downtown Mesa and take advantage of all it has to offer such as Spring Training at Hohokum Stadium, Riverview Park/Retail. the Mesa Arts Center, ASU Mix Center, and a plethora of dining options. And being close to light rail means you're a short train ride from so many amenities offered by nearby Tempe and Phoenix, such as ASU, Tempe Marketplace, Sky Harbor Airport, and great freeway access. Come see it today and you'll find yourself daydreaming non-stop about all of the ways in which you will flourish in this beautiful home.

31709 N 164th Street Scottsdale, AZ 85262

$514,900
3 Beds
2 Baths
1,644 SqFt
Status Active
MLS # 6680711
Property Type Single Family Residence
Price Type --
Enjoy spectacular panoramic Mountain Views in Northeast Scottsdale!!! Your BRAND NEW energy efficient three bedroom home on OVER ONE ACRE with plenty of room for additional structures and toys awaits. Buy NOW and select all your interiors from the builders included options or go semi-custom. No HOA! Trailheads close and minutes to Bartlett Lake. Nearby restaurants and shopping with more development in the works. Perfect for outdoor and golf enthusiasts! Views of Four Peaks, Troon Mountain, Elephant Butte and Pinnacle Peak! Renderings are representation of elevation. Options displayed may vary. Advertised plan can be customized to add or subtract square footage. Street address listed may differ once assigned. Refer to APN. Additional plans available.

16459 E Morning Vista Lane Scottsdale, AZ 85262

$514,900
3 Beds
2 Baths
1,644 SqFt
Status Active
MLS # 6680723
Property Type Single Family Residence
Price Type --
Enjoy spectacular panoramic Mountain Views in Northeast Scottsdale!!! Your BRAND NEW energy efficient three bedroom home on OVER ONE ACRE with plenty of room for additional structures and toys awaits. Buy NOW and select all your interiors from the builders included options or go semi-custom. No HOA! Trailheads close and minutes to Bartlett Lake. Nearby restaurants and shopping with more development in the works. Perfect for outdoor and golf enthusiasts! Views of Four Peaks, Troon Mountain, Elephant Butte and Pinnacle Peak! Renderings are representation of elevation. Options displayed may vary. Advertised plan can be customized to add or subtract square footage. Street address listed may differ once assigned. Refer to APN. Additional plans available.

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