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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12738 E De La Cruz Street Dewey, AZ 86327

$498,000
3 Beds
2 Baths
1,694 SqFt
Status Active
MLS # 6691424
Property Type Single Family Residence
Price Type --
Better than new! This stunning Quailwood home is turnkey and ready for you. 3 bedrooms and 2 baths, the Grand Teton model features a light and bright open floorplan. Beautiful cabinets and large kitchen island with granite countertops and stainless-steel appliances. Welcoming living room with attractive gas fireplace. Plank porcelain tile throughout and new upgraded carpet in bedrooms. Spacious primary bedroom with impressive walk in closet. Garage has epoxy flooring and storage cabinets. You will appreciate the instant hot water, and water conditioner. Low maintenance yard with paver patio and pergola for all day outdoor enjoyment. Attractive paver driveway. Enjoy the lifestyle of an affordable golf course community full of amenities like pickle ball, fitness center and tennis.

2912 Blue Lake Circle Pinetop, AZ 85935

$498,000
3 Beds
2 Baths
1,281 SqFt
Status Active
MLS # 6698097
Property Type Single Family Residence
Price Type --
This one owner Pinetop Lakes cabin has been lovingly cherished by it's family. The woodsy interior feels so warm and inviting the moment you walk through the door. This 3 bedroom/2 bath 1,281 sq. ft. home is ready for you to call it home today. The versatile 3rd bedroom is also a den/study area but many more uses are possible. Sit on the large sun and covered deck and enjoy the sound of the breeze through the tall pine trees on the spacious .40 acre lot. There is a 1 car garage for extra storage too. This cabin comes with Rec Center privileges and a low HOA.

17882 W Pinnacle Vista Drive Surprise, AZ 85387

$498,000
4 Beds
3 Baths
2,048 SqFt
Status Active
MLS # 6703679
Property Type Single Family Residence
Price Type --
Beautiful four bedroom house with three bathrooms. The backyard is ready for you to get out and enjoy the outdoors and includes a great spa. Great features throughout the home and a three car garage. Master bathroom has been upgraded with a great new walk-in shower. Come check out this great home that is ready for you to move into today!

4103 S Lois Lane Sierra Vista, AZ 85635

$498,000
4 Beds
2 Baths
2,160 SqFt
Status Active
MLS # 6683150
Property Type Single Family Residence
Price Type --
Stunning 2,160 sf open concept, split plan, 4BD/plus Den/Office/2BA custom home with 3-car garage. White painted cabinets with hardware, and granite counter tops throughout (including utility/laundry). Kitchen features large island, pantry, subway tile backsplash, and pendant lights over large island. Vaulted ceilings in Living, Kitchen, and Dining. Baths feature double sinks, subway tile shower and bath surrounds. Luxury vinyl plank (LVP) flooring throughout entire house. Master suite has huge walk-in closet, double sinks, and large walk-in shower with two niches. Ceiling fans in Living, all bedrooms and Den. Huge back patio and large backyard with block fence. This home is nestled within a beautiful custom home neighborhood and boasts breathtaking panoramic mountain views.

10148 W Marguerite Avenue Tolleson, AZ 85353

$498,000 - 4Br/3Ba -  for Sale in Farmington Glen, Tolleson
Open House
$498,000
4 Beds
3 Baths
2,721 SqFt
Status Active
MLS # 6698060
Property Type Single Family Residence
Price Type --
Highly upgraded, lovingly cared for, move in ready four bedroom, three bath home. Gourmet kitchen has quartz counters, 42'' cabinets, two built in wall ovens, built in microwave over electric smooth cooktop. Butler pantry with beverage cooler included & large walk in pantry. One bedroom & one full bath downstairs. Extra large Primary suite upstairs has room for desk or sitting area. Tile surround soaking tub, dual sinks & separate shower. Private toilet rm & TWO closets complete the ensuite. Spacious loft & two secondary bedrooms share 3rd bathroom. Extended covered patio with pavers, drip irrigation, grass & mature landscaping. Two foot extension on garage, garage door opener, keypad & exterior access door. South facing. Over $40k in upgrades make this home stand out from all the rest!

8641 N 61st Drive Glendale, AZ 85302

$498,000 - 3Br/2Ba -  for Sale in Alice Park, Glendale
Open House
$498,000
3 Beds
2 Baths
1,895 SqFt
Status Active
MLS # 6698594
Property Type Single Family Residence
Price Type --
This home sits on a premium lot of 13,684 WOW. Nestled within the secure confines of a prestigious gated community, this charming 3-bedroom, 2-bathroom home offers an unparalleled blend of comfort, privacy, and elegance. Step inside to discover an inviting living space, tastefully adorned with modern finishes and ample natural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, fostering a sense of togetherness and functionality. The heart of the home boasts a gourmet kitchen, complete with sleek countertops, stainless steel appliances, and an oversized island - perfect for culinary enthusiasts and casual gatherings alike. Retreat to the serene master suite, featuring a generous layout, walk-in closet, and a luxurious en-suite bathroom with dual sinks and a soaking tub. Two additional bedrooms offer comfortable accommodations for family members or guests. Step outside to enjoy the blissful outdoor living space, where lush landscaping and a private patio provide an ideal setting for al fresco dining, entertaining, or simply unwinding in the fresh air. Residents of this esteemed gated community benefit from exclusive access to a range of amenities, including a sparkling pool, fitness center, clubhouse, and meticulously maintained common areas. Ideally situated near top-rated schools, shopping centers, dining options, and recreational facilities, this home offers the perfect balance of tranquility and convenience for modern living. Don't miss the opportunity to make this stunning residence your own - and experience the epitome of luxury living in a gated community!

25657 N 185th Drive Wittmann, AZ 85361

$497,995
3 Beds
2 Baths
1,693 SqFt
Status Active
MLS # 6669478
Property Type Single Family Residence
Price Type --
The Bronze floor plan would certainly take home gold for design! This ranch-style home centers around an open layout with a dining area, a kitchen with a center island, and a great room with center-meet doors leading to the covered patio. The primary suite is adjacent, and showcases a generous walk-in closet and a private bath. Two bedrooms and a second bath complete the residence, which also includes an attached RV garage. You'll love the professionally curated fixtures and finishes selected by our design team!

17708 W Silverwood Drive Goodyear, AZ 85338

$497,950
3 Beds
2 Baths
1,935 SqFt
Status Active
MLS # 6677807
Property Type Single Family Residence
Price Type --
Up to 3% of total purchase price towards closing costs incentive offer. Additional eligibility and limited time restrictions apply. MLS#6677807 Ready March! Discover the Zafiro plan with 3 bedrooms and flex space. Enjoy curb appeal with a landscaped front yard and paver driveway leading to the porch. Perfect for entertaining, living space and covered patio are on one side, while bedrooms and flex room are on the other. Owner's suite offers privacy with walk-in closet, dual vanities, and walk-in shower. Located in a gated, active adult community with resort lifestyle in Estrella Mountain Foothills. Structural options include: paver front porch, multi-slide door at gathering, upgraded square corners, 5' baseboards, 8' interior doors, and pre-plumb reverse osmosis system.

9906 E Tamery Avenue Mesa, AZ 85212

$497,840
3 Beds
2.5 Baths
1,965 SqFt
Status Active
MLS # 6701113
Property Type Single Family Residence
Price Type --
Available NOW!! Check out this Beauty! 3 bedrooms, 2.5 bath with a loft and split garage!! Enjoy all the upgrades and amenities such as 42' white cabinets, white backsplash and gorgeous granite countertops!! First floor is all tile. Large master closet and Walkin shower. Appliances INCLUDED!! Come see today 🙂

4482 W Mountain Laurel Drive San Tan Valley, AZ 85144

$497,565
3 Beds
2 Baths
2,000 SqFt
Status Active
MLS # 6688553
Property Type Single Family Residence
Price Type --
This gorgeous Ginger plan is estimated to complete in July. It is surrounded by other single level homes offering ample privacy. The north south exposure highlights the mountain views. This home has been fully loaded with all of the most popular options and upgrades; white shaker cabinets, natural wood-look tile, custom backsplash, matte black plumbing fixtures, and beautiful granite countertops.

19032 N 83rd Lane Peoria, AZ 85382

$497,500
2 Beds
2 Baths
1,357 SqFt
Status Active
MLS # 6696335
Property Type Townhouse
Price Type --
This beautifully remodeled golf course home in Westbrook Village's premier 55+ community truly stands out with its array of features and amenities. Let's delve into what makes it exceptional: The kitchen has been tastefully updated with Quartz countertops and stainless-steel appliances, combining style with functionality for cooking enthusiasts. The bathrooms have been modernized to provide comfort and elegance, adding to the overall appeal of the home. The open living area, featuring a full glass wall slider, offers panoramic views of the golf course, creating a serene and inviting ambiance. Tile flooring and vaulted ceilings enhance the spaciousness and elegance of the home, while wood shutters add a touch of sophistication and elegance of the home, while wood shutters add a touch of sophistication. The master bedroom not only offers comfort but also provides a designated office space overlooking the golf course, perfect for remote work or leisurely activities. 2 car garage with epoxy floors, new water softener, new hot water heater. The outdoor patio serves as a tranquil retreat for outdoor gatherings and relaxation, allowing residents to enjoy the picturesque views and pleasant weather. Residents can take advantage of a wide range of amenities, including golf, double restaurants, RV parking, and convenient access to essential services like doctors, shopping, banks, and freeways. Community Safety: The presence of the Posse, which patrols the community, enhances safety and security, ensuring residents feel protected and at ease. Active Lifestyle: Living in Westbrook Village offers a vibrant and active lifestyle, with opportunities for golfing, socializing, and enjoying the beautiful surroundings, fostering a sense of camaraderie among residents. Being part of a 55+ community provides a sense of community and shared experiences among residents who are in a similar stage of life, creating a supportive and welcoming environment. Overall, this home offers a perfect blend of luxury, comfort, and convenience, making it an ideal retreat for those seeking a fulfilling Arizona living experience in Westbrook Village's premier 55+ community.

1773 N 213th Drive Buckeye, AZ 85396

$497,500
4 Beds
2.5 Baths
2,406 SqFt
Status Active
MLS # 6704360
Property Type Single Family Residence
Price Type --
Welcome to this gorgeous home boasting a well-thought-out layout with 4 bedrooms, 2.5 bathrooms, a 3-car tandem garage, and an easy-care backyard! You will love the open floor plan with a beautiful kitchen featuring granite countertops, stainless steel appliances, a walk-in pantry, a stylish tile backsplash, and a spacious island with a breakfast bar. The great room has recessed canned lights and neutral wall tones. The primary suite has a neutral aesthetic with a lavish ensuite bathroom featuring a dual sink vanity, a separate shower and soaking tub, and a huge walk-in closet! The remaining bedrooms are move in ready and bedroom 2 and 3 have walk-in closets! Outside in the backyard, there is a paver stone-covered patio, an above-ground spa, a BBQ Station, and an RV gate! Do not miss out on this beautiful home! Welcome to Sienna Hills, an amenity-rich community with resort-style amenities designed for both relaxation and adventure. Dive into serenity in the sparkling pool overlooking the majestic peaks, unwind in the luxurious spa, or explore endless outdoor activities like hiking trails, volleyball courts, and playgrounds!

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