April 2022 Phoenix Metro Market Watch

April 2022 Phoenix Metro Market Watch By LINDSAY FRICKS This month's market stats are a feast for a data driven gal like myself! I literally salivate with excitement at the slightest sign of a shift in this market. There are three important updates I have to share this month so...

Jason’s Path to Real Estate

Jason's Path to Real Estate By LINDSAY FRICKS I am so excited to announce that Jason will now have a monthly blog feature. Much like me, Jason enjoys writing as an outlet. He’s written some amazing stories over the years that hopefully we can one day share with you. I...

March 2022 Phoenix Metro Market Watch

March 2022 Phoenix Metro Market Watch By LINDSAY FRICKS Consumer skepticism of a looming “housing bubble” and how high prices can soar in the Phoenix metro continue to dominate headlines. However, the housing market data is showing no signs of deceleration as week after week in 2022 we have seen...

February 2022 Phoenix Market Watch

February 2022 Phoenix Market Watch By LINDSAY FRICKS Buckle up, real estate prices are in for another wild ride in 2022. Despite looming concerns over rising mortgage interest rates, demand for real estate in the Greater Phoenix area is seemingly unshakeable. The active supply of homes reached a record low...

January 2022 Phoenix Market Watch

January 2022 Phoenix Market Watch By LINDSAY FRICKS Welcome to the first Market Watch of 2022! The last year proved to be a whirlwind of activity in the Arizona real estate market. An all time record of number of homes sold in 2021 making it the highest volume of real...

December Phoenix Market Watch

December Phoenix Market Watch By LINDSAY FRICKS The market has once again changed its tune. After 3 months of a cooling trend the market is heating up again as we head toward the end of the year. Dwindling supply that’s customary during the holiday season paired with increasing demand is...

Phoenix Market Watch November 2021

Phoenix Market Watch November 2021 By LINDSAY FRICKS This month’s Phoenix Metro real estate market stats don’t look radically different than last month, but I’m starting to really feel the local housing market shifting and loosening up. What does loosening up mean for you? Read on to see what you...

Phoenix Market Update October 2021

Phoenix Market Update October 2021 By LINDSAY FRICKS I continue to see ominous headlines about the softening residential real estate market, but context is so important here. Is the market as hot as it was 6 months ago? No! Is the market still way hotter than historical averages? Heck yes!...

Phoenix Market Update September 2021

Phoenix Market Update September 2021 By LINDSAY FRICKS Last month I cautioned about reading too much into the headlines around the real estate market cooling off. The latest numbers are out and confirm my advice. Although supply has increased since May, active listings have now flattened out month over month....

August 2021 Phoenix Metro Market Update

August 2021 Phoenix Metro Market Update By LINDSAY FRICKS Don’t be fooled by the news that the real estate market is “cooling” off. Yes, things are definitely a little less ridiculous than what we’ve experienced in the last year, but it’s still a very hot market and the supply of...

Median Home Price

$325,000

Annual Appreciation Rate

+7%

Estimated Population

450k

Median Age

34

East
Valley

why you want to live here

The two largest and most popular cities in the East Valley are Gilbert and Chandler. Once known for agriculture, the area has now been transformed into some of the most well known suburbs. Both cities have experienced tremendous growth in population and along with it now has all the amenities of larger cities. The suburbs are highly focused around families and have lots of parks, recreation and many family events year-round.

Median Home Price

$261,096

Annual Appreciation Rate

+8%

Estimated Population

1.6M

Median Age

33

Central
Phoenix

why you want to live here

Phoenix is the heart of The Valley of the Sun and capital of Arizona. Known for warm temperatures year-round and sprawling urban space surrounded by desert mountains. Phoenix is the 6th largest city in the US and home to nearly 1.6 million people. Phoenix has just about something to offer everyone: numerous golf course, professional sports teams, hiking trails, concerts, festivals and much more. With an affordable cost of living there’s a place for everyone with the Phoenix metro.

Median Home Price

$308,750

Annual Appreciation Rate

+8%

Estimated Population

174k

Median Age

28.5

Tempe

why you want to live here

Tempe is a city just east of Phoenix, in Arizona. Its striking Tempe Center for the Arts hosts concerts, dance and comedy shows. Nearby, Tempe Town Lake is dotted with kayaks, pedal boats and paddleboards. Tempe Beach Park hosts outdoor festivals. Rising above the city, Hayden Butte is a mountain dotted with centuries-old rock art. Sporting events and concerts are held at Wells Fargo Arena.

Median Home Price

$725,000

Annual Appreciation Rate

8%

Estimated Population

36,241

Median Age

39

Scottsdale

why you want to live here

Scottsdale has long had a reputation as one of the most affluent cities in the West most well known for high end golf, spas, resorts, restaurants and shopping. There are over 27 golf courses located within the Scottsdale boundaries. The Southern part of Scottsdale is home to the historic Old Town area. The southwestern charm, numerous restaurants, bars and shopping as well as exciting nightlight make Old Town a hot spot for both young and old. Central Scottsdale is home to many popular golf communities such as McCormick Ranch, Gainey Ranch and Kierland Commons.  North Scottsdale is home to to two of the valleys largest annual events: the Barrett Jackson Auto Auction and the Waste Management Open PGA tournament. These events along with the 5 professional baseball spring training facilities bring millions of visitors into the area throughout the Spring months.

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