Scottsdale real estate is always at the top of mind for The Kay-Grant Group as we assist a lot of individuals every month interested in finding or selling their next piece of Arizona real estate; whether that's looking for Old Town Scottsdale condos for sale, a downtown Phoenix loft for sale, or selling their house in northern Phoenix. The Kay-Grant Group are your premier Scottsdale Realtors.
This blog focuses on topics relevant to the Scottsdale and Phoenix metro real estate community as well as to those residing in The Valley that are interested in things to do around The Valley or the general going-ons in Phoenix and Scottsdale.
Need a Good Real Estate Agent?
If you're interested in purchasing a home and would like to work with premier Scottsdale Realtors, please Contact Us and we can get you setup on a custom search. If you have any interest in selling your home, or just want to know what it's worth, Contact Us and we'll perform a market valuation to let you know what we believe your house, condo, or townhouse could sell for.
Cozy Ground-Floor Condo in Mesa's Eastwood Park Under Contract!
Eastwood Park is a popular condo community in East, and this 2-Bedroom, 2-Bathroom ground-floor unit is now Under Contract! Once the closing process is complete, our clients will be able to enjoy everything this condo has to offer, including an all-electric kitchen, a cozy living room, ample-sized bedrooms, and a covered private patio.
Plus, the community offers a sparkling pool and grassy courtyards perfect for dog walking. Mesa is one of the best areas in the East Valley to buy a condo, and if you are in the market for a condo similar to this one, we want to hear from you!
In the Market for a Condo for Sale in Mesa?
We have helped numerous clients buy condos in Mesa and other cities in the East Valley, and we are ready to put our expertise to work for you! For more information about our services, or to schedule a consultation, give us a call at 480-387-3990 or fill out our Contact Form.
Spacious 2-Bedroom Optima Camelview Condo on Third Floor Under Contract!
Optima Camelview is Old Town Scottsdale's premiere luxury condo community, and our client's offer on this spacious 2-Bedroom unit has officially been accepted! Once the closing process is complete, they will be able to enjoy everything this 1,346-square-foot unit has to offer, including floor-to-ceiling windows, a spacious open concept living area, a lovely master suite with dual vanities in the master bathroom, and an awesome covered patio.
Plus, they will be able to enjoy the vast array of amenities offered by Optima Camelview: putting green, dog park, indoor and outdoor pools, indoor basketball court, on-site restaurant, concierge service, and so much more! We love helping our clients buy the perfect Optima Camelview condo for their needs, and if you are in the market for a condo like this one, we want to hear from you!
In the Market for an Optima Camelview Condo?
We are your Optima Camelview real estate experts, and we are ready to put our experience to work for you! For more information about our services, or to schedule a showing for a condo in Optima Camelview, give us a call at 480-387-3990 or fill out our Contact Form.
Spacious, Peaceful Home in New River has Just Sold!
Located in the peaceful community of New River, approximately 8 miles northeast of Anthem, this 4-Bedroom home has officially Sold! Now that the closing process is complete, our clients will be able to enjoy everything this home has to offer, including the large wraparound patio, Saltillo tile in every room except the bedrooms, stainless steel appliances in the kitchen, and beautiful views.
Additionally, this home went Under Contract quickly and closed in just 25 Days, which goes to show you how quickly homes are selling in the Greater Phoenix Real Estate market. Working with an Experienced REALTOR can make a huge difference when buying homes in the Valley, and if you are in the market for a home like this one, we would love to hear from you!
Looking to Buy a Home in a Small Community in Phoenix?
New River is just one of several small communities throughout Phoenix, and we are ready to put our expertise to work for you and help you find your dream home! For more information about our services, or to schedule a consultation, give us a call at 480-387-3990 or fill out our Contact Form.
Beautiful, Furnished Condo in Optima Camelview has Just Sold!
We love helping our clients in Optima Camelview sell their condos, and in just 31 Days of being active, this furnished, updated ground-floor condo has officially Sold! This spacious 2-Bedroom, 2-Bathroom unit boasts numerous artistic upgrades that create a warm and inviting interior, and with a fully-furnished interior, the condo makes an ideal short-term rental or vacation home.
Even in a hot seller's market, condos for sale in Optima Camelview can often take hundreds of days to find a buyer and close, but this beautiful condo only took one full month! Selling real estate is our passion, and if you are thinking about selling your Optima Camelview condo, don't you owe it to yourself to work with an expert?
Sell Your Optima Camelview with The Kay-Grant Group
Our team has extensive knowledge of the Optima Camelview community, and when you combine this expertise with our comprehensive approach to marketing, the result is a better experience for our seller clients! For more information about our services, or to schedule a Free Home Valuation, give us a call at 480-387-3990 or fill out our Contact Form.
Spacious 3-Bedroom Townhome in Scottsdale's El Paseo Just Sold!
El Paseo is a popular, tight-knit townhome subdivision in the McCormick Ranch community, and this 3-Bedroom townhome has officially Sold! Key features of the townhome include a spacious 2,034-square-foot floorplan, a bright living area with oversized window, private kitchen and dining area, a large master suite, and a sparkling backyard pool.
In addition to the amazing townhome, the community is within walking distance of a nearby park, and is a short drive away from the Loop 101, popular restaurants, and great shopping centers. We love helping our clients find the perfect Scottsdale townhome, and if you are in the market for a townhome like this one, we want to hear from you!
Looking to Buy a Townhome in Scottsdale?
Our team is dedicated to providing an excellent client experience, and we are ready to put our expertise to work for you! For more information about our services, or to schedule a consultation, give us a call at 480-387-3990 or fill out our Contact Form.
Hi there. This is Ian with the Kay-Grant Group. And today, we're going to be covering the June-to-July property STAT update for Arizona. We're going to be diving into what the current statistics look like, where we think where it's going to be, here in the next few months, so why don't we go ahead and jump on in.
When we look at the total inventory and this includes the whole state of Arizona, as well as available condos and single family homes, right now, we're standing at a 10,118. Now, remember, this is historical. This is from the month of June. We're going to go into where we're at currently for active inventory. And that's representing a 5.4% increase, which is really good news because this will help the market stabilize as inventory starts creeping back up in the market. But still, we do a year-over-year comparison, we're down by almost 30%.
Moving on to monthly sales, those are up by five point, well, almost 6% for month-over-month. The year comparison is up by just 1.6%. As for new inventory, we're looking at 9,875 new inventory on the market during the month of June. This is nothing but good news. We're looking at a year-over-year increase of nearly 18% with almost a 6% percent increase month-over-month. That's really good news, considering some of the other statistics that we're going to be covering.
When looking at average days on market, they are still declining. We're looking at a decrease of 29 days for year-over-year and month-over-month went down by two days. However, even with this decrease in average days on market, the new inventory hitting the market is overcoming this. So that's good news. When looking at the average sales price, the average sales price is up by almost 38% year-over-year while the median is up by 31.1%. This doesn't do a month-over-month comparison, but it is still significantly high when we do it year-over-year.
All right. So just looking at active inventory, and this is as of July 29th, 2021, we're actually looking at almost a thousand increase from the prior month of what we were looking at for what was active. While this doesn't reflect a total stability for the market, what this does represent is that new inventory numbers are creeping back up and that'll help bring the price per square foot, and just overall how much you're going to be paying for home, not down but it's certainly going to help level it off, become more stable.
Overall, what we think is going to happen over the coming months, pretty much what we're going to see for the remainder of the year is that we're going to slowly see more inventory come on the market, probably to the tune of anywhere between 500 to a thousand additional each month until we're back up into a healthy availability range, which that's an inventory of 15,000 to 20,000, somewhere in that neighborhood. So that's it. If you are going to sell your home, now is still an absolutely great time to do it, and we can help you with that. Also, if you are looking to buy, we can also help you find the best deal possible. Give us a call at 480-387-3990. Otherwise, we will see you next month.
Another Team Effort Results in A Village Grove Scottsdale Home Sold!
As the saying goes, "Team Work makes the Dream Work," and we are thrilled to see that saying come to fruition with a Sold home in Scottsdale! Julie Jarmiolowski was the listing agent, and the buyer was represented by The Kay-Grant Group's Ron Pacioni; the end result was a 4-Bedroom, 2-Bathroom Village Grove home going from Active to Sold in just 25 Days!
Now that the closing process is complete, the buyer now has a clean slate in which to create their own dream interior and yard, and the sparkling private pool is an added bonus. We love helping our clients sell their Scottsdale homes, and if you are thinking about selling your home, we want to hear from you!
Sell Your Scottsdale Home with The Kay-Grant Group
We have extensive knowledge of the Scottsdale Real Estate Market, and when you combine that knowledge with a comprehensive approach to marketing and a strong list of contacts, the result is a straightforward experience for sellers! For more information about our services, or to schedule a Free Home Valuation, give us a call at 480-387-3990 or fill out our Contact Form.
Team Effort Results in North Shore Condo SOLD in Just 38 Days!
One of the key elements of The Kay-Grant Group's value proposition is our extensive contact list with buyers, and our listing going from Active to Sold in less than 40 days is a true team effort! Laura Patterson represented the seller, while Kelly Fitzmaurice represented the buyer, which made it that much easier to complete the transaction.
Now that the closing process is complete, the buyers will have plenty to love about this condo, including Tempe Town Lake views from the patio, a spacious open living area, and a kitchen with granite countertops and stainless steel appliances. We love helping our clients sell their Tempe condos, and now is an excellent time to maximize on your investment. If you are thinking about selling your North Shore condo, you owe it to yourself to work with an expert!
Sell your Tempe Condo with The Kay-Grant Group
Between our comprehensive marketing approach and our long list of contacts, we can make the selling process straightforward and with less stress! For more information about our services, or to schedule a Free Home Valuation, give us a call at 480-387-3990 or fill out our Contact Form.
Three-Bedroom New Build in Mesa's Mission Park Under Contract!
Located near the intersection of University and Gilbert Roads in Mesa, this 2019-Built townhome in Mission Park is now Under Contract! Key features of this home include an attached two-car garage, a spacious open concept living area, an upstairs loft area, modern kitchen with stainless steel appliances and granite countertops, and a cozy backyard with covered patio.
In addition to the great townhome, the community itself is in a great location, with close proximity to Highway 60, shopping, and popular local restaurants! Newer communities are sprouting up throughout the East Valley, and if you are in the market for a townhome similar to this one, we would love to hear from you!
Interested in a New Townhome in Mesa?
Many new developments do not hit the MLS, which is why an experienced REALTOR can keep you up to date on new townhomes in Mesa, Gilbert and the entire East Valley. For more information about our services, or to schedule a consultation, give us a call at 480-387-3990 or fill out our Contact Form.
Beautiful 3-Bedroom Home in La Cresta Subdivision Under Contract!
La Cresta is a popular single family residence community near the intersection of Union Hills and 12th Street in North Phoenix, and this 3-Bedroom home is officially Under Contract! Key features of this home include a spacious 1,860-Square-Foot floorplan, soaring ceilings, a lovely kitchen with stainless steel appliances and granite countertops, and a large backyard with an extended covered patio!
Plus, the home is nestled within a No-HOA subdivision, and offers convenient access to Buffalo Ridge Park, popular shopping centers, and Highway 51. We love helping our clients find their ideal home in Phoenix, and if you are in search of a home like this one, we would love to hear from you!
In the Market for a Home in Phoenix?
Our team has extensive knowledge of the Greater Phoenix area, and we want to help make the buying process as simple and stress-free as possible! For more information about our services, or to schedule a consultation, give us a call at 480-387-3990 or fill out our Contact Form.
