There is good news for both buyers and sellers this month. Interest rates dipped down around 5% ,giving buyers another reason to buy, while prices in the northwest valley have started to increase. This is just what sellers are wanting to hear.
I will give you some statics to consider, however the numbers cannot explain the whole picture of our current market situation. The housing market does not improve in all area at the same pace. We are currently experiencing high demand for properties over $200,000 that are in good condition with pools. The prices of these homes are headed up. At the same time there is more downward pressure on the prices of homes under $100,000 due to a larger amount of foreclosures in this price range.
The number of active MLS listings is currently 33008, not much of a change from 32895 a month ago. Last month the entire MLS sold 9133 properties while the month of April sold 9095. Both of these months had extraordinary sold numbers but sales were partially driven by the first time home buyer tax credit.
Here you will see the active and pending numbers for the northwest Valley. These numbers I track every month to monitor activity specific to the northwest valley so I can spot trends and to better help buyers and sellers of the northwest valley make better decisions. One of the trends that I have noticed recently is homes over $200,000 are selling more quickly and inventory is depleting. As an example, Pleasant Valley had 7 active properties and 10 pending properties last month, this month we find it at 2 active and 16 pending. Pleasant Valley is at a price range that would not be first time home buyer driven, so the tax credit does not factor in this area. This is a trend to watch carefully, but I believe we may have turned the corner in the northwest valley housing market where we will begin to see prices edge up as inventory falls.
For questions specific to your situation please contact me so I can let you know the information you need to make the best possible decision for your situation.
3,232 sq ft, 4 beds, 3 baths
Lot size: 15,000 sq ft (.34 acres)
Your dream kitchen awaits you with double stacked Cherry cabinetry with glass doors, top of the line slab granite, Professional Stainless appliances incl double ovens and 6 burner stovetop, TWO islands, one with breakfast bar, vaulted ceilings, plantation shutters, surround sound, pre-wired for LCD, architectural archways and niches, recessed lighting and 3rd garage bay with unbelievable built in storage! Needs just a little tweak to make it perfect- missing lighting, surround sound speakers and bathroom mirrors. Sold as is, where is, no clue, no spds. Buyer must verify any and all material facts they deem important.
Listing provided by John Hall
Brought to you by Emmy McLeish of John Hall & Associates. Call me today at 623-229-1229 and let us show you how to make this home yours!
I enjoyed a hike at Westwing Mountain over the week-end. Nestled in the foothills, Westwing Mountain is a planned community located in Peoria, AZ 85383 The trail starts out a little steep but the views are worth the effort. I recommend starting early in the morning while it is still very cool and there are less people on the trail. Here is more information and a map of the trail.
Although it is recommended to park at community center and walk to the trail head, most people were parking in the cul-de-sac nearby. Please be respectful of the residents who live in the mountainous community of Westwing using the golden rule. “If I lived here, where would I want hikers to park?”. Let me know how you enjoy it!
Below you will find a collection of photos taken this morning at Gold Mountain Preserve located just north of Jomax as you follow 67th Ave, north. Currently the gate is left open so anyone is able to drive into the community and take a short hike to the top of the trail and check out the views. Although short, the hike is steep. This hike is all about the views of our NorthWest valley where you can see Terramar, Westwing Mountian, Cresents Hills, Boulder Mountain and more. Click on the pictures to get a closer view while mousing at the bottom of each photo for details or go to flickr and see the pictures there.
Neighborhood: Terra Vista Estates AMD
MLS Number: 4366887
4,002 sq ft, 5 beds, 3 baths
Lot size: 10,000 sq ft (.23 acres)
Fabulous location Backs to wash! From the moment you step in the entry, you can tell that this home is a notch above the rest. Spacious layout includes formal living & dining, plus a huge family room with cozy gas fireplace. Kitchen has upgraded beautiful cabinets, appliances, double ovens (convection & reg), gas cooktop and island. All rooms are generous-sized, includes loft area plus HUGE bonus room with kitchen upstairs. This is not your standard home! Lush landscaping front & back; 3 patio areas & pool – ideal for entertaining. 3 car garage. Priced to sell!
Listing provided by John Hall
Brought to you by Emmy McLeish of John Hall & Associates. Call me today at 623-229-1229 to see this home and special pricing for a limited time!
THIS HOME IS LOCATED IN THE HIGHLY ATTRACTIVE CAREFREE CROSSING COMMUNITY ALL ON ONE LEVEL 3 CAR GARAGE SIDE DOOR ENTRY WHEN YOU ENTER THROUGH FRONT DOOR YOU HAVE A SOARING CEILING IN THE ENTRY WITH TILE LAID ON A DIAGONAL NUETRAL CARPET 3 BEDROOMS PLUS AN OFFICE UGRADED WIRING PACKAGE TWO TONE PAINT HIGHLY UPGRADED KITCHEN GRANITE COUNTERS WITH FULL BACKSPLASH STAINLESS STEEL APPLIANCES WITH DOUBLE OVENS GAS COOKTOP UPGRADED CABINETS 2.5 BATHROOMS SPLIT FLOORPLAN MASTER BEDROOM HAS OVERSIZED WALKIN CLOSET WITH SEPARATE TUB AND SHOWER DOUBLE SINKS WITH ACCESS TO BACKYARD FROM MASTER AND ALSO THE KITCHEN THE BACKYARD IS AN ENTERTAINERS DELIGHT INCLUDES A POOL WITH AN INCREDIBLE VIEW LOT THAT BACKS TO A WASH
Listing provided by West USA Realty
Brought to you by Emmy McLeish of John Hall & Associates. Call me today at 623-229-1229 to see this outstanding home property because the good ones go fast!
60 minutes visits the valley as they talk with homeowners who have decided to walk away from their homes. With 50% of our valley homeowners underwater, many who can pay their mortgage are choosing not to as a response to owing twice as much for their homes as they are worth. Interesting piece that highlights a sad situation here in the NorthWest Valley which is holding back the recovery of the housing market .
3,359 sq ft, 4 beds, 3 baths
Lot size: 10,000 sq ft (.23 acres)
Beautiful entryway with vaulted ceilings with formal living and dining areas. Nice neutral tile and carpet throughout entire home. Upgraded kitchen cabinets, granite kitchen counter tops, large pantry, breakfast counter/center island, bay window at nook area which overlooks the open family room. This is the perfect entertaining home. Upstairs you will find the master suite, game room with wood flooring, laundry. The backyard is simply breathtaking; pool, grass area, covered patio and home backs to bike/walking path green belt with wrought iron fencing view, mountain views. This home simply has it all.
Listing provided by John Hall
Brought to you by Emmy McLeish of John Hall & Associates. Call me today at 623-229-1229 to see this home and special pricing for a limited time!
2,475 sq ft, 3 beds, 2 baths
Lot size: 18,000 sq ft (.41 acres)
This home is beautiful. Backs to mountain preserve on a huge lot with views, incredible backyard and move-in ready. Inside is open, vaulted ceilings with split bedroom floor plan. New interior paint throughout entire home, new carpet, new light fixtures and a huge kitchen with island, slab granite counter tops. Nook area opens to family room with gas fireplace. Private exit to backyard from master bedroom. Backyard is tropical and very private and the perfect oasis for any get together. Pebble tec pool, hot tub, built-in fireplace, basketball court and much more.
Listing provided by John Hall
Brought to you by Emmy McLeish of John Hall & Associates. Call me today at 623-229-1229 to see this luscious home because the good ones go fast!
1,451 sq ft, 3 beds, 2 baths
Lot size: 7,500 sq ft (.17 acres)
Wonderful home has sparkling pool with water feature, in quiet North Central Phoenix & is Bank Owned! This is the home you’re family will enjoy from its greatroom floorplan, vaulted ceilings & tile in all the right places. You’ll love the updated kitchen appliances, breakfast island with breakfast bar, abundant cabinets & counterspace. French door exit to covered patio & huge grassy backyard & very beautiful sparkling pool. Summer is on its way. . . Very private yard with extra high block walls and mature shade trees and landscaping. Quiet subdivision and north facing yard. Bank will look at all offers.
Listing provided by John Hall
Brought to you by Emmy McLeish of John Hall & Associates. Call me today at 623-229-1229 to see this charming home because the good ones go fast!
North Phoenix, Glendale, Peoria~Real Estate, Events, Neighborhoods, People, Lifestyle, News ~~~~~~~~~~~~~~~~~~~~~~ Emmy McLeish~NW Valley Fan Club President
623-229-1229
John Hall & Associates em@emmymcleish.com
