Be the First to Schedule a Showing at this Beautiful 3-Bedroom Home in Mesa!

Located in the beautiful golf course community of Golden Vista Estates, this 3-Bedroom home is in a fantastic location! The home features a spacious floorplan with remodeled kitchen and bathroom, along with a large master bedroom with ample space in the walk-in closet. Other notable upgrades include an RV Gate, new roof, new A/C unit, new water heater, new garbage disposal, and a new dishwasher. The backyard features a relaxing lap pool with plenty of space for entertaining guests.

Not only is this home located near the Highway 60 and Loop 202, it is also in an HOA-free neighborhood! 

Listing price will be $285,000. With convenient access to Mesa's popular shopping centers and great schools, list home will not stay on the market long!

Ready to Schedule a Showing?

If you are in the market for a beautiful Mesa home in a great location with no HOA, we want to hear from you! Call us at 480-387-3990 or fill out our Contact Form for more information or to schedule a showing!

Join Ian as he covers the 2019 STAT report for the valley's housing inventory.

Video Transcript:

Hello everyone. This is Ian with the Kay-Grant Group. Today we're going to be covering the STAT Report for October 2019. And what this is is this is a snapshot of the overall available inventory, price per square foot, things along those lines for the entire Valley or just Maricopa County for the most part. And we're going to cover all of these things and kind of give you an idea of what you can get for your home if you were to sell right now and also what you can buy. So why don't we go ahead and get on into it.

So when we look at total inventory, and this is Valley for Maricopa County, last month we had about 17,700-ish and this month we have 18,443 and the exact number of increase, you're looking at a 3.7% increase in inventory. This would indicate that there are people that are trying to take advantage of the rise in cost per square foot in the more desirable subdivisions that are in, especially Scottsdale. I'm going to be showcasing that a little bit later here. However, year over year, we're still looking at a 15.2% decrease in total available inventory. Now when we're looking at stability, historically between 28,000 and 35,000 total inventory of homes being available is where you see cost per square foot doing a healthy rise versus the steep inclines that you're going to be seeing later here. But that's where our current inventory stands right now.

So when we look at new inventory coming onto the market, if we actually look at this month over month, we've actually had a significant amount pop up when we compare it. So last month, we had about 8,700-ish new inventory coming into the market and has increased by nearly a 1000 and the specific number is a 10.2% increase month over month. Once again, people are starting to trend towards selling their home since we are historically, well I wouldn't say historically, but we are on the rise right now. And also 'tis the season when it comes to selling and moving here to the Valley. So and then when we look at it year over year, not really that much of a difference, but let's go ahead and move onto the next one.

So when we look at the average new listing prices, we see a jump from a $405.03 to $428 per square foot and that represents a 5.6% increase year over year. We are going to expect this to keep ongoing. Then when you average it in the median prices, where you look at a little bit more lower cost per square footage areas, that brings it down to about $300 per square foot, but you're still seeing a pretty substantial upgrade from year over year and that's 4.5% increase.

So what we see for the sales forecast for next month in December is that we should see a little bit of a jump overall when you average it out. However, there are going to be outliers, which we will be covering here in a minute, that can cause this to really spill up, and especially I'm going to be using Scottsdale subdivisions as a use case, that are going to be higher. Some might be lower, and I'm going to tell you why.

So if you'd actually been watching some of my other market updates, previously, it's talked about Scottsdale Springs and you're looking at this enormous jump in price per square foot, mostly due to because of where it's located, because it's so close to Old Town Scottsdale. It has well-maintained amenities. And also the inventory is, almost is completely zero right now and it's very rare that they come on the market. So this is assisting in driving the average cost per square foot up. And if we look at the next, a little bit more desirable area that actually has a significant amount of inventory that contributes to this average that we're getting.

We can also look at Villa Monterey, which has a large amount of inventory within the Scottsdale area. They're also experiencing something very similar here. And that's why we're seeing a pretty sharp increase for the Q4 price per square foot. There was a little bit of a dip, but now it's gone up because of lack of inventory problems.

Another subdivision, which actually accounts for a large amount of the inventory in the Old Town area, is Scottsdale Estates. As you can see, it's following not as steep of an incline, but a very similar upward trend that is adding to this overall price per square foot increase in the Valley. Although, we do have an outlier that's bucking trends and I'm going to be showing you on the next slide.

So the outlier right now in Old Town, where we actually have seen a decrease in the overall price per square foot, it's actually an oddity and there's good at reason why. Park Scottsdale makes up one of the largest inventories as far as subdivisions in the Old Town area. But also what it's very popular for is Airbnbs. So you'd have this phenomenon where you have a lot of these investors that will come in. They're going to buy these properties as low as they possibly can. And then they're going to either rent them out, which also is going to be increasing the overall price, but they're not on the market so they're not active and not affecting these statistics. But if they ever choose to sell them, that's why they're, you see a massive increase in price per square foot because they do such a wonderful overhaul. If you ever actually look into that, it's really impressive what they can do with these places.

But that's also can explain why you see a pretty consistently, in the last few years in Q3, where the price per square foot just launches right up is because this is when if they want to get out of the investor mid game, that's the prime time to go ahead and sell them off. We saw a little bit of a spike like that for Q3, but the reason why we're looking at the dip in Q4 is because we're getting a lot of investors trying to buy as low as possible and that's affecting that price per square foot.

Also if you're looking to valuate your home there, make sure you talk to a really good realtor to actually properly comp your properties because something that actually was being renovated for Airbnb is not going to be a comp for anything that hasn't been renovated associatively, so that can throw off your price per square foot and make it much harder sell. So make sure you consult a professional, which we are more than happy to do. So this is our contact information. We do provide a free home evaluations. If you are in the market to sell, this is absolutely the time to do it. So you can go ahead and just give us a call at 480-387-3990 with the Kay-Grant Group. Thanks for hanging with me and hopefully we can help you out. Thank you.

You can click here to view the full STAT Report.

Take a Look at This Fully Remodeled Patio Home with NO Rental Restrictions!

Even in an intense inventory shortage, some real estate listings can take longer than others. However, with our aggressive marketing plan, which included open houses, video walkthroughs, and a series of direct email, we were able to find a buyer for our clients.

The location of this 3-bedroom patio home is ideal for home living or as a short- or long-term rental unit for a real estate investor. No matter what you are looking for when it comes to Scottsdale or Phoenix real estate, we will put our marketing engine to work for you!

Interested in Selling Your Home in North Scottsdale?

Buyers are paying a hefty premium for North Scottsdale real estate, and if you have ever considered selling your home, NOW is the time. Give us a call at 480-387-3990 or fill out our Contact Form for more information or for a free home valuation.

Check Out This Beautiful Four-Bedroom Home in a Lake Subdivision in Ahwatukee!

The Ahwatukee area of South Phoenix has emerged as one of the best places to live in the entire Valley! Four bedroom homes have been in high demand, and this 4-Bedroom beauty was only on the market for one month before our clients placed an accepted offer.

Once the closing date arrives, our clients will enjoy a beautifully remodeled home, with granite countertops, stainless steel appliances, vaulted ceilings with custom lighting fixtures, and a beautiful backyard with refreshing pool. The Lakewood at Ahwatukee community features a beautiful lake, where residents can enjoy a scenic morning or evening walk, children's playgrounds, and convenient access to Interstate 10.

Ready to Buy a Home for Sale in Ahwatukee?

Finding the perfect home that meets your needs can be a daunting task, but we are here to help! From start to finish, we can help you with every step to ensure that you get exactly what you're looking for! Please call us at 480-387-3990 or fill out our Contact Form for more details.

Check Out This Stunning Luxury Home with Spectacular Views!

Helping clients find the perfect home for their needs is a passion of ours, and when they saw this incredible 5-Bedroom home in the affluent Valley suburb of Fountain Hills, they were excited to place an offer! This home was only on the market for 17 days before the offer was made, which shows how high the demand is for homes regardless of price point!

Once everything is finalized, our clients will enjoy a fully-renovated home that sits on 2.5 acres, with panoramic views of the surrounding desert and mountain vistas. They will also be able to enjoy a spacious balcony that overlooks a large pool and spa. 

Ready to Buy a Home in Fountain Hills, Arizona?

If you are in the market for a single family home, townhome, or condo in Fountain Hills, we want to help you! Our expertise expands into the entire Valley, and we can provide all the information you need to make your first (or next) real estate purchase the best to date! Simply call us at 480-387-3990 or fill out our Contact Form for more details!

We Are Excited to Sell This STUNNING Two-Bedroom Luxury Condo in Old Town Scottsdale!

Optima Camelview is arguably the best luxury condo community in Old Town Scottsdale. It's always an exciting time when someone places their Optima Camelview condo on the market, and we are looking forward to selling this stunning unit!

This incredible two-bedroom, two-bathroom condo features 1,346 square feet of living space, with granite countertops and stainless steel appliances in the kitchen, open living room, and a spacious master bedroom with dual vanity in the master bathroom. Other features include a spacious balcony that is perfect for enjoying your morning coffee and great views of the pool.

When you live in Optima Camelview, you are truly living in the lap of luxury. Amenities include two pools and spas, putting green, concierge service, business center, indoor basketball and racquetball courts, state-of-the-art fitness center, and so much more!

Learn More About This Condo By Clicking on the Video Below!

Contact us today by calling 480-387-3990 or fill out our Contact Form for more information, and to potentially scheduling a showing for this amazing property before it reaches the MLS!

Check Out This Incredible 5-Bedroom Home With Views of South Mountain!

Our client was looking for a beautiful home in an incredible neighborhood, and when we helped them find this 5-bedroom gem in the popular Phoenix neighborhood of Ahwatukee, they were EAGER to submit an offer! The home features a gorgeous interior, a spacious open floorplan with vaulted ceilings, and plenty of space in every bedroom! Plus, the backyard is an entertainer's dream: built-in BBQ, putting green, and a sparkling pool with relaxing spa completes a true desert paradise.

Ahwatukee is considered one of the Best Places to Live in Phoenix by Phoenix Business Journal, and once the home purchase is complete, our clients will enjoy amazing views from every room, as well as convenient access to shopping, dining, golf courses, Interstate 10, and the new extension of the Loop 202.

Ready to Buy A Home for Sale in Phoenix?

We have put our real estate experience to work for several clients all over the Valley, and we are ready to help you, too! If you would like more information about the best places to buy a home in the Greater Phoenix area, call us at 480-387-3990 or fill out our Contact Form.

Join Ian as he covers the Q4 real estate market trends for Scottsdale Springs Condos in Old Town Scottsdale.

Video Transcript:

Hello everyone. This is Ian with Kay-Grant Group. We're going to be going over the Scottsdale Springs subdivisions. This is actually a condo subdivision. We're going to be talking about what it's price per square foot is, how many units have been sold. It's kind of general information stuff. So let's go ahead and just get on into it. So when we look at the subdivision year over year, Q4 is when you saw a pretty significant dip. If you actually look historically, that's where it's been dipping. It's a little all over the place. But if you do it year over year, last year is $180 per square foot. This year it's jumped all the way up to about $221 per square foot, which that makes it about a 23% increase year over year.

Why has it had the meteoric rise? Let's go ahead and look at that. One of the things that contributes very heavily to the price per square foot increasing so much is its location to Old Town Scottsdale. It's about a 10 minute walk away unless if you are a little bit more brisk in your stride. But that's one reason. The very next reason is when we do a property search for available inventory in that complex, we get a zero, zilch, nada, nothing. The last property sold a little over three weeks ago.

So besides its location, what makes this place so popular? Well, it actually has a very well maintained exterior. And of course, you have really nice amenities as well, including the pool that you see here. It also includes very spacious floor plans. Now, all of the condos are pretty much the same as far as square footage. It's a 1130 square feet and there are two bed and two bath. So if you mash all those things together, the ideal location, the lack of inventory, that the fact that they are two bed, two bath with generous square footage, especially in the downtown Scottsdale area, you're going to end up looking like this.

With the price per square foot rising as it has, sales have nearly doubled year over year. Now the fact that we have lack of inventory, that's going to lead to the price per square foot, more than likely to continue to rise in Q1 and Q2. So if you're looking to sell, and you actually live in the Scottsdale Springs area, we've sold actually quite a bit of condos in that area and represented buyers and sellers alike.

So at the end will be our contact information. But that's it just to kind of give you guys an idea of where the market stands. We'll catch you next week.

Check Out This Upgraded Home in the Up-and-Coming Suburb of Apache Junction!

Homes are selling at a record pace here in the Valley, and we helped our client find this incredible home in Apache Junction! In less than a month on the market, our client has the keys in their hands, and will enjoy living in this beautifully-updated two-level home in the popular subdivision of Ironwood Estates. Whether you are interested in buying a selling a home in Scottsdale, Phoenix, or any of the surrounding communities, we have the knowledge and know-how to make the transaction as smooth as possible!

If you would like more information about how we can put our real estate expertise to work for you, give us a call at 480-387-3990 or fill out our Contact Form.

Video Transcript:

Hello, everyone. This is Ian with the Kay Grant Group. Today we're going to be going over the Park Scottsdale subdivision. We're going to give you a market update, give you an idea of what the price per square foot is. What are the trends that we're seeing? We're actually surprised once we go into this. We're seeing quite a bit of an upset, and I'm here to tell you why. So let's go ahead and get into it.

So we're looking at the price per square foot in the Park Scottsdale area, and this is including all types of properties. This is condos, town homes, single family residences. And if we look at it year over year from Q4 last year, we actually peaked out at 250, and we're not all the way through Q4 yet, but it looks like we're averaging about $245 per square foot. However, we do think that it is going to probably get over 250 a square foot when we close out the year. I will show you why.

So this is the total inventory or homes or residences in the entire Valley that are available. We're actually looking at a significant drop year over year. It's almost 12 percent. We did gain back a little bit of of the market inventory when we're looking at it month over month. But overall when you have that dramatic of a drop, it leads to a new inventory deficit.

When we're looking at a year over year, we've barely seen it move a bit, not even point one percent, and also for month over month we're looking at... it's down six and a half percent.

Now, the Park Scottsdale subdivisions are actually a pretty large portion of Scottsdale. I mean, you have thousands of homes within them. And why don't we go ahead and take a look and see how many are actually currently available.

So this is actually a property search just for all of the portions of Park Scottsdale. I perform those search on our website cause we actually do pull directly from the MLS. And right now in the Park Scottsdale area, there's only 20 properties that are available. So if you add everything that we're showing here altogether, we're going to be seeing a northward trend as far as price per square foot because we have an extremely low inventory, and also active inventory is very little, as well.

So you know, it's very much a sellers market. So if you were looking to sell your home, now is definitely the time to do so, and if you are interested in doing that, feel free to give us a call, or you can also just contact us on our website. Thank you very much. You all have a nice day.