How’s the Market?
Heres your West Valley Market update for January 2019. It’s a great time to be a homeowner as median home prices continue to increase in all West Valley cities, starting 2019 off strong.
El Mirage had the largest increase over Jan 2018 with 14.24% increase, Buckeye 13.60% increase, Goodyear up 11.18%, Phoenix 11.18%, all other cities also showed increases. Inventory levels remain scarcely low and homes did take a little longer to sell. Many cities took a slight dip in the amount of closed transactions, Maricopa County was down -11.9% of January 2018. While most cities in the West Valley showed a slight decrease in closed sales, Tolleson Laveen, Goodyear all had an increase over last year.
Market Insights: We are definitely seeing positive ROI when sellers are willing and able to do improvements to their properties prior to market, meaning paint, cleaning or replacing carpets. I have always told my sellers “Nobody want to buy your house, they are looking for their New Home!” Staged, clean, market ready homes are selling faster and for more than their competition.
Thinking about selling? Call us today and we can explore your options for selling; cash investor-pick your closing date-no hassle, home improvements that will bring you the highest net return and we can help you facilitate the work!
Call us today and let us show you how easy it can be done!
Thinking of Buying, please give us a call and ask about our free down payment programs!
Tags: Buyers, Market Condition, Market Reports, Sellers
