4444 E FLOWER ST - $1,595.000 6 BED / 5.5 BATH / 4,606 SQ. FT. ARCADIA OFFICE 4546 N. 40TH STREET PHOENIX, AZ 85018 BILTMORE OFFICE 2400 E MISSOURI AVE. PHOENIX, AZ 85016 THEBROKERYAZ.COM • 602.892.4444 5226 N 43RD ST - $1,199,000 4 BED / 3.5 BATH / 3,250 SQ. FT. 3737 E CAMPBELL AVE - $1,149,000 4 BED / 3.5 BATH / 3,326 SQ. FT. 4121 E MEDLOCK DR - $965,000 4 BED / 3 BATH / 3,050 SQ FT 5417 E LAFAYETTE BLVD $985,000 / TEAR DOWN OPPORTUNITY 4428 N 38TH ST - $1,090,000 5 BED / 3.5 BATH / 3,150 SQ. FT. 4528 N 40TH PL - $807,000 4 BED / 4 BATH / 3,038 SQ. FT. 2211 E CAMELBACK RD #206 - $689,000 2 BED / 2 BATH / 2,074 SQ. FT. 8 BILTMORE EST #214 - $649,000 2 BED / 1.75 BATH / 1,726 SQ. FT. TUCKER BLALOCK OLEG BORTMAN LARA SPERBER CORINNE HALE HANNA SMITH ELLIOT BARKAN CHERYL BARNOLI NEW LISTING SOLD NEW LISTING NEW LISTING

p a i d a d v e r t i s e m e n t T U C K E R B L A L O C K 6 0 2 -a r c a d i a Arcadia & Biltmore - 3rd Quarter Review Hey, Friends! I have a ton of information for you this month so I'm going to skip the cliche weather and end of the year talk. We are in a crazy market right now and I want to make sure that you are ahead of the game! As you read in my "Supply and Demand" article a few months back, the Phoenix metro area is experiencing a strong seller's market. There are currently around 18,000 homes for sale and each month approximately 8,000 of those homes are being sold. This means that there is a total of only 2.25 months of supply available before we are out of homes to sell. While those statistics aren't exactly true throughout Arcadia and Biltmore, there are parts of the neighborhood that are getting a big boost from the current market conditions. In particular, Arcadia Lite is exploding! I define the Arcadia Lite area as 32nd Street - 44th Street, Camelback to Indian School. Home prices in Arcadia Lite are up 20% year-over-year in Quarter 3 to an average of $675,911 and there are only 3 months of supply currently available. While Arcadia Proper residents are used to the ever present construction zones on their streets, Arcadia Lite is just getting used to it. As older homes are taken down for new construction, I would urge all residents in the area to keep an open mind and embrace the change. While you may not be fond of some of the developers, the market is increasing rapidly and driving your home values much higher...20% higher just in the last year! The Camelback Corridor as a whole is doing well as more buyers find value returning to a central location with convenience and entertainment as the driving forces. Below you will see how Arcadia Proper and Biltmore are continuing to thrive as well. r e a l e s tat e c o r n e r T U C K E R B L A L O C K y o u r a r c a d i a a n d b i lt m o r e r e a l e s tat e s p e c i a l i s t The Biltmore market statistics are deceiving as the days on market are skewed by a few big home sales that took over 500 days. Without those few sales, the days on market were in line with last year at 131 days. This market is also experiencing tight inventory with only 34 homes currently on the market. Prices have also increased 18% year-over-year due to new construction sales at 2 Biltmore Estates and low inventory. In closing, if you are thinking about selling your home in Arcadia Lite or Biltmore, now may be the perfect time as your competition will be very limited. My team and I are uniquely positioned to sell both areas as we have an office in the lobby of the Arizona Biltmore Hotel and another just north of La Grande Orange. As the #1 team in the Camelback Corridor/Biltmore area for 4 years in a row, nobody spends more time and money marketing your area than we do. Call or text me anytime at 602-561-0445 for any questions you may have. I would love the opportunity to earn your business and help you beat the market. *All facts and figures are deemed reliable, but not guaranteed. Per MLS statistics on 10/5/2017. Arcadia Proper turned in a slow, but steady 3rd Quarter. The market is saturated with 69 active listings which is 7 months of inventory. While Arcadia Proper isn't following the trend of low inventory, the market continues to become more expensive because of newer construction. There have recently been new home sales as high as $557/sq.ft.. ARCADIA PROPER Q3 2016 NO. OF SALES: 30 AVG. SALES PRICE $1,407,815 AVG. PRICE / SQ FT $353/SQ FT AVG. DAYS ON MKT 119 Q3 2017 NO. OF SALES: 29 AVG. SALES PRICE $1,486,040 AVG. PRICE / SQ FT $376/SQ FT AVG. DAYS ON MKT 147 Q3 2016 Q3 2017 NO. OF SALES: 19 AVG. SALES PRICE $666,338 AVG. PRICE / SQ FT $268/SQ FT AVG. DAYS ON MKT 131 NO. OF SALES: 23 AVG. SALES PRICE $811,792 AVG. PRICE / SQ FT $276/SQ FT AVG. DAYS ON MKT 178 BILTMORE PROPER