Looking to move to Arizona? Get the latest stats and hottest communities in the West Valley for June 2024! Welcome to your comprehensive West Valley Arizona Real Estate Market Update for June 2024! I'm Michelle Seymour, and I'm excited to bring you the latest housing market stats and insights on the top 5 communities in the West Valley, Arizona. It's already July, and I'm back with a detailed analysis of the best neighborhoods based on location, schools, shopping, medical access, and proximity to main freeways. 🔍 Interest Rates and Market Trends Mortgage rates have been fluctuating but have stabilized around 6.95% for a 30-year fixed-rate mortgage. Pending home sales in the Phoenix area are down about 6% compared to last year, indicating cautious buyer behavior. Despite hopes for significant rate drops, any decreases will likely be gradual. 🏘️ Top 5 Communities 1. Verrado, Buckeye, AZ All Ages: Average Sale Price: $570,406. Sales remained stable with 24 homes sold. Current inventory: 129 homes, equating to 5 months of supply. Average days on market: 71. Sellers are offering concessions to remain competitive. Victory (55+): Average Sale Price: $621,558. 19 homes sold, with 35 active listings (4.5 months of inventory). Average days on market: 85. Builders offer great incentives, especially during summer. 2. Vistancia, Peoria, AZ All Ages: Average Sale Price: $691,426. 39 homes sold, including 11 new builds. Current inventory: 88 homes (5 months of supply). Average days on market: 90. Trilogy (55+): Average Sale Price: $693,042. 12 homes sold. Current inventory: 38 homes. Average days on market: 85. No new builds available. 3. Estrella Mountain Ranch, Goodyear, AZ All Ages: Average Sale Price: $520,244. 48 homes sold, with 117 active listings (5 months of supply). Average days on market: 75. Prices range from $374,900 to $1.39M. Canta Mia (55+): Average Sale Price: $441,480. 5 homes sold, with 19 active listings. Average days on market: 73. Resales are preferred despite new builds. 4. Pebble Creek, Goodyear, AZ (55+) Average Sale Price: $574,400. 35 homes sold. Current inventory: 66 homes (3 months of supply). Mostly resales, with a steady decline in new builds. 5. Sterling Grove, AZ All Ages & 55+: Average Sale Price: $788,000. Sales are slow with only one new build closing in June. Current inventory: 46 homes. Social club membership required. 📊 Seller Tips Selling in a tough market with high-interest rates requires strategic preparation. Ensure professional photos, fix necessary repairs, and maintain a neutral palette to make your home stand out. 📱 Get in Touch Thinking about moving to Arizona? Whether it’s tomorrow or months from now, shoot me a text, email, or call. I'm here to help you find your dream home in the West Valley! Thank you for joining me today! Until next time, stay informed and happy house hunting! Chapters: 00:00 - Intro 00:41 - Interest Rates and Market Trends 01:45 - 1st Community: Victory at Verrado (Buckeye, AZ) 03:54 - 2nd Community: Vistancia (Peoria, AZ) 05:45 - 3rd Community: Estrella Mountain Ranch (Goodyear, AZ) 08:07 - 4th Community: Pebble Creek (Goodyear, AZ) 09:03 - 5th Community: Sterling Grove (Surprise, AZ) 10:38 - Seller Tips 12:47 - Wrap up & Contact Information ✅ For Business Inquiries: michelleseymourhomes@gmail.com ☎️ Call or Text Michelle at 760-419-2202 📞 Schedule a Call: https://bit.ly/3KKwqvu 🤝 Schedule a Zoom Meeting: https://bit.ly/3KL2WOh ✅ Connect with Us Instagram: https://bit.ly/3YF5UJI LinkedIn: https://bit.ly/45BAfv0 Facebook Michelle Seymour: https://bit.ly/3YIDrD0 Facebook (Real Estate Agent brokered by EXP): https://bit.ly/3YKA9iv Facebook (Retire in Arizona): https://bit.ly/45anFmK Drone Footage Done By - https://ift.tt/TOoxIdY ❗Important Links to Follow Visit My Website: https://ift.tt/WHzaJpj The Best Real Estate Agent in West Valley: https://bit.ly/3E0LFgc 📞 Ready to Take the Next Step? If you're considering a move to West Valley Phoenix, AZ, I’m here to assist you every step of the way. Contact me via phone, text, email, or schedule a Zoom call to get personalized guidance tailored to your needs. Let's turn your real estate goals into reality! 🔔 Subscribe for More Updates Stay in the loop with the West Valley Phoenix housing market. Don't miss out on our future market updates, community spotlights, and expert insights. Hit the subscribe button and ring the notification bell now! 👍 Like, Share, and Comment Found this video helpful? Give it a thumbs up and share it with friends or family who might be interested. Have questions or insights to share? Leave a comment below—we'd love to hear from you! #WestValleyArizona #ArizonaRealEstate #RealEstateMarketUpdate #June2024 #Top5Communities #PhoenixRealEstate #ArizonaHousingMarket #WestValleyAZ
from West Phoenix Life https://www.youtube.com/watch?v=r93gpxpNgNo
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