Which Homes Have Appreciated the Most?

Which Homes Have Appreciated the Most? | Simplifying The Market

Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

The CoreLogic report broke down appreciation even further into four different price categories:

  1. Lower Priced Homes: priced at 75% or less of the median
  2. Low-to-Middle Priced Homes: priced between 75-100% of the median
  3. Middle-to-Moderate Priced Homes: priced between 100-125% of the median
  4. High Price Homes: priced greater than 125% of the median

Here is how each category did in 2016:

Which Homes Have Appreciated the Most? | Simplifying The Market

Bottom Line

The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.  If you’ve been contemplating a bigger home, now’s a great time to make that dream a reality.  Give me a call to get started – J.P. Cook – 602-320-4253.

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9437 E Spiral Avenue Mesa, AZ 85212

$459,990 - 3Br/2Ba -  for Sale in Inspirian Iv At Eastmark, Mesa
New
$459,990
3 Beds
2 Baths
1,377 SqFt
Status Active
MLS # 6694633
Property Type Single Family Residence
Price Type --
This adorable cozy home offers 3 large bedrooms with our Roosevelet Premium Palette, including a stainless gas range, dishwasher, and microwave with granite kitchen counters Tile floors in all the main living areas with upgraded carpet in the bedrooms. Many upgrades in plumbing and electrical bring this homes design together for a lovely home to move into. This home also offers a large four panel slider to the back patio. Stop by today to see why Eastmark is the #1 place to call home.

11230 W Marguerite Avenue Tolleson, AZ 85353

$459,990 - 4Br/3Ba -  for Sale in Verde Trails 2, Tolleson
New
$459,990
4 Beds
3 Baths
2,192 SqFt
Status Active
MLS # 6695667
Property Type Single Family Residence
Price Type --
Below Market Financing Available!!!!!!!!!!! This single-story home features three secondary bedrooms off of the foyer, one with its own en-suite bathroom making it ideal for guests. The open layout encompasses the kitchen, dining and Great Room creating a spacious living area. Off the Great Room is the owner's suite which boasts a spa-inspired bathroom with a large walk-in closet. The covered courtyard and rear covered patio provide plenty of outdoor living opportunities. Photos are renderings of a model home, not the actual home.

41090 W Haley Drive Maricopa, AZ 85138

$459,990
3 Beds
2 Baths
1,987 SqFt
Status Active
MLS # 6594869
Property Type Single Family Residence
Price Type --
QUICK MOVE-IN!!! It's our beautiful Belice - 3 bedrooms + flex space, 2 baths and a 3 car tandem garage. 12'x8' sliding glass door off the extended covered patio. Large walk in shower at owner's bath with EMS Casino Ice gloss in a 4x16 tile at shower surrounds . Stainless steel gas appliance package with undermount single bowl sink. Winstead Maple ''Cafe'' stained cabinets through out the home with 42'' kitchen uppers and rollouts at pantry. Himalaya white granite countertops in kitchen and on the enhanced kitchen island. Kitchen backsplash has a 4x16 Ice Matte tile. Flooring includes EMS 12x24 Baccarat Astra tile in all the areas of the home except beds/closets. Dual sinks at bath 2. Two-tone interior paint ''Agreeable Gray'', soft water loop and so much more. Seller to write contract and to verify all information with onsite agents. Water Company is Santa Cruz Water Company and Sewer is Palo Verde Utilities Company.

1263 E Palo Verde Drive Casa Grande, AZ 85122

$459,990
5 Beds
3 Baths
2,549 SqFt
Status Active
MLS # 6637959
Property Type Single Family Residence
Price Type --
If you're looking for a ranch style, true 5 bedroom split floorplan, in Casa Grande, AZ then look no further! This home, built in 2018, consists of 5 bedrooms, 3 full bathrooms, a 2 car garage and sits on a corner lot 8,448 sqft in size. It has a very spacious backyard with lots of citrus trees and even a large covered patio for those fall, winter and spring nights you may want to enjoy the Arizona weather. This home has had only one owner and has been kept in meticulous condition. There is surround sound throughout and even a multi-camera owned security system and it's all located within the Cottonwood Ranch community of Casa Grande.

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