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.
Check Out this Unique Home in Grand Avenue Arts District!
Located near the intersection of 15th Avenue and McKinley Street, this multi-unit home is in the highly-desired Grand Avenue Arts District just west of Downtown Phoenix. This home is a real estate investor's dream: just two blocks from Grand Avenue and its wide variety of art galleries, historic museums, and boutiques, residents of this area are just a short bus ride from the Valley Metro Light Rail and the heart of Downtown's many attractions.
As Valley Real Estate investors, we possess a knowledge and expertise that is hard to find with other Scottsdale/Phoenix Realtors. If you have been looking for great real estate values in Phoenix, Scottsdale, or anywhere in the Valley, we want to hear from you!
Interested in a Downtown Phoenix Homes for Sale?
Whether you are in the market for your first home, your next home, or adding value to your real estate investment portfolio, The Kay-Grant Group has the experience you need to make the process simple. For more information about our services, give us a call at 480-387-3990 or fill out our Contact Form.
Beautiful, Spacious Townhome in North Phoenix SOLD!
Our client was in the market for a spacious townhome with convenient access to the Valley's major highways, and we are excited to announce that the closing process is officially complete! Located in the popular gated community of Fireside at Desert Ridge, this 3-bedroom, 2.5-bathroom two-story unit features a unique front courtyard at the entrance, an incredible kitchen with granite countertops and stainless steel appliances, and spacious upstairs bedrooms.
The community is just a short drive from the Loop 101 and Highway 51, the amazing Desert Ridge shopping center, and one of North Phoenix's most popular golf facilities. We have provided our real estate service to numerous clients in the North Phoenix area, and we would love the opportunity to work with you as well!
Interested in Buying a North Phoenix Home or Condo?
Whether it's in Phoenix, Scottsdale, or the East or West Valleys, our team is both highly experienced and incredibly knowledgeable. If you would like to learn more about our buyer real estate services, give us a call at 480-387-3990 or fill out our Contact Form.
Beautiful Ground Floor Unit in Scottsdale's Presidio Condominiums SOLD in Just 26 Days!
Not only were there multiple offers placed on this beautiful ground-floor 1-Bedroom Scottsdale condo from the moment it hit the market, but it closed in less than a month and for a price Above listing price. The new owners now get to enjoy everything this amazing community has to offer: a heated pool and spa, fitness center, and convenient access to shopping, dining and the Loop 101.
We strive to provide the best possible experience for both buyers and sellers, and if you are considering selling your Scottsdale condo, townhome, or single family home, we want to hear from you!
Interested in Selling Your Scottsdale Condo?
The Kay-Grant Group has established itself as the premier real estate team in Scottsdale and the Greater Phoenix area, and we are ready to put our expertise to work for you. Give us a call at 480-387-3990 or fill out our Contact Form for more information about our selling services, including our Virtual Tours.
Two-Bedroom Optima Camelview Condo Under Contract in 17 Days!
One of two of our Optima Camelview condo listings to go Under Contract since our recent Open House, this beautiful two-bedroom, two-bathroom unit was only on the market for 17 days! Located on the third floor, this condo features floor-to-ceiling windows, a split floorplan with walk-in closet in the master bathroom, granite countertops, and stainless steel appliances.
The vast majority of our Optima Camelview listings have closed well below the average time on market. If you have considered selling your Optima Camelview condo, we have the expertise and experience you need to ensure your unit sells as quickly as possible.
Interested in Selling an Optima Camelview Condo?
With our extensive marketing efforts, superior customer service, and strong negotiation skills, we provide a comprehensive real estate experience that is unrivaled in Scottsdale and the Greater Phoenix area. For more information about how we can put our service to work for you, give us a call at 480-387-3990 or fill out our Contact Form.
Beautiful Two-Bedroom, Second-Floor Condo in Optima Camelview Under Contract!
We recently hosted an Open House at Optima Camelivew, and this condo (along with one other) went Under Contract in less than a week! Once the closing process is complete, the new owners will get to enjoy this spacious two-bedroom condo, with its open concept floorplan, floor-to-ceiling windows, gourmet kitchen, huge master suite with walk-in closet, and an ample-sized patio with courtyard views.
Our team continues to have incredible success in the Optima Camelview community, and we look forward to more success in 2020 and beyond!
Ready to Sell Your Optima Camelivew Condo?
The Kay-Grant Group strives to provide the ultimate real estate selling experience, and we have put our expertise to work for many sellers within Optima Camelview. For more information regarding our services, including our Virtual Tours, give us a call at 480-387-3990 or fill out our Contact Form.
Check Out this Awesome Two-Bedroom Townhome within Walking Distance of Old Town!
If you have been searching for a two-bedroom townhome within walking distance of all the fun and excitement of Old Town Scottsdale, this listing is perfect for you! Featuring a 2-Bed, 1.5-Bathroom, two-level floorplan, this unit is just a mile from several incredible shops, entertainment venues, restaurants, and everything Old Town has to offer.
Additionally, a new sewer line will be installed.
This listing is ideal for a short term rental investment, or a seasonal vacation home. With a listing price of $225,000, the demand for this townhome will be incredible!
Interested in Scheduling a Showing for this Old Town Scottsdale Townhome?
We love Old Town Scottsdale, and we would love the opportunity to show you this gem of a townhome. For more information, including market reports, recent price trends, and projections, give us a call at 480-387-3990 or fill out our Contact Form.
Beautifully Remodeled South Scottsdale Home is Under Contract!
New Papago Parkway is one of South Scottsdale's most popular neighborhoods, and its close proximity to Old Town Scottsdale is just one of the many reasons our client was eager to place an offer on this incredible home. Featuring a 4-bedroom, 2-bathroom open floorplan with 1,702 square feet of living space, this beautiful home boasts an upgraded kitchen with new cabinetry and stainless steel appliances, tile flooring throughout, and a sparkling backyard pool.
The real estate market throughout Scottsdale is really starting to ramp up, and if you have been in the market for a home in Scottsdale or the Greater Phoenix area, we want to hear from you!
Ready to Buy a Scottsdale Home for Sale?
Whether you're searching for a home in South Scottsdale, Old Town Scottsdale, or North Scottsdale, having a knowledgeable real estate agent on your side can make a huge difference. For more information about our buyers services, or to schedule a showing, give us a call at 480-387-3990 or fill out our Contact Form.
Beautiful Two-Bedroom Tempe Town Lake Condo Under Contract!
It only took 17 days for this incredible two-bedroom condo in Tempe's Northshore community to find a buyer! Once the closing process is complete, the new owners will get to enjoy this amazing unit, complete with stainless steel appliances, spacious master suites, and incredible views from the balcony.
The Tempe real estate market is continuing to pick up momentum, as it is with the rest of the Valley. If you are interested in selling your condo, townhome, or single family home, we would love to hear from you!
Interested in Selling a Tempe Condo or Home for Sale?
We have helped a variety of clients sell their real estate in Tempe, Arizona, and our comprehensive marketing machine is second to none! For more information about our selling services, including our Virtual Tours, give us a call at 480-387-3990 or fill out our Contact Form.
Join Ian as he covers the housing market trends of the Phoenix/Scottsdale area for April 2020
Video Transcript:
Hi everyone, this is Ian with The Kay-Grant Group. Today we will be covering the housing market statistics reported from April 2020. There are some interesting trends I am going to be covering with the restrictions that we had last month due to Covid 19. So let’s jump in and see what happened.
Looking at total housing inventory we actually had a month-over-month decrease of -1.4% while year-over-year shows a decrease of -22.2%. While this might seem odd, as most would have expected a larger amount of inventory to come off of the market, it will make a bit more sense in a later slide.
Now when we look at current available inventory as of May 29th, which is 16,717 which you can see there, we actually see a dramatic drop from last month by almost 7%. So if you were wondering if now is the time to sell. The answer is absolutely yes.
And to no one’s surprise sales were down -19.7% month-over-month and year-over-year is down -27.1% for obvious reasons. However there is a silver lining to this. For years sections of the housing industry, like title companies, have been very slow to adopt online forms. Mostly leaning towards traditional paper. But across the housing industries we have seen a strong move to this trend, and we will likely see close to 100% adoption by the end of the year.
When we look at new list prices there was a slight increase of +0.4% year-over-year. The year-over-year median price is up +5.1%.The main reason we are seeing this increase is because we normally expect a larger amount of inventory to come on the market during the second quarter and help soften the market a bit. But due to the actual drop in inventory availability that is why we have seen an increase.
Looking at the average sales price for April we see a significant increase of 8.6% and the median was up by 11.1%. Now in the full STAT report, which will be linking to below, it was forecasted that the average sales price would drop by almost 6% and the median would drop by a little over 3%. Let’s see if that is the case.
As of May 29th the average sales price was actually $377,137. Which is actually an increase of a little over 2%. What could explain this? First is the low inventory. The other factors would be our restrictions being lifted so we are seeing more traffic overall. There also seems to be a strong desire to move here from more congested areas on the East and West coast.
So the overall assessment is that if you are looking to sell your home. Now is absolutely time to get it on the market. Where we typically see a bit of a price softening trend this time of year this is completely going against historical trends. But if you are looking to buy or sell, or would like a free home valuation give us a call we will be more happy to help you.
Spacious Scottsdale Estates Home Reduced by $26,000!
This incredible 4-bedroom, 2-bathroom Scottsdale Estates home is located in one of Old Town Scottsdale's most popular subdivisions. Less than a mile from the Loop 101, commuters can easily drive to North Scottsdale, Tempe, and Mesa. Additionally, the heart of Old Town Scottsdale is just a 10-minute drive away, which allows residents to enjoy the peace and quiet of Scottsdale Estates, but still be close enough to enjoy everything Old Town has to offer.
Home features include a fully-remodeled interior, new tile flooring, stainless steel appliances, and renovated bathrooms. With the Scottsdale real estate market ramping up, this home is a bargain for real estate investors at its new price of $499,000.
Schedule a Showing or Stop by for an Open House
The Kay-Grant Group provides plenty of viewing options for our listings. You can go to the listing page and see our Virtual Tour, or you can stop by for our Open House on Friday, May 29th with Julie Jarmiolowski from 9am to Noon.
For more information on this listing, including recent sales, projections, and market statistics, we are here to help. Give us a call at 480-387-3990 or fill out our Contact Form.