3810 E CAMPBELL AVE - $1,289.000 4 BED + OFFICE| 3.5 BATH | 3,567 SQ. FT. r T y ARCADIA OFFICE 4546 N. 40TH STREET PHOENIX, AZ 85018 BILTMORE OFFICE 2400 E MISSOURI AVE. PHOENIX, AZ 85016 THEBROKERYAZ.COM • 602.892.4444 4511 N 34TH ST - $649,000 3 BED | 3 BATH | 1,935 SQ. FT. 6119 N 31ST CT - $849,000 3 BED | 3 BATH | 2,424 SQ. FT. 3122 E CLAREMONT AVE - $925,000 4 BED | 2.5 BATH | 2,509 SQ. FT. 4501 N 35TH ST - $550,000 3 BED | 2 BATH | 1,959 SQ. FT. 2211 E CAMELBACK RD #206 - $689,000 2 BED | 2 BATH | 2,074 SQ. FT. 4545 N 42ND ST #1 & #2 - CALL FOR PRICING 3 BED | 3 BATH | 2,240 SQ. FT. 3837 N 59TH PL - $1,595,000 4 BED | 3.5 BATH | 3,525 SQ. FT. 2412 E SAN MIGUEL AVE - $1,035,000 3 BED | 2.5 BATH | 3,240 SQ. FT. NEW LISTING NEW LISTING TUCKER BLALOCK OLEG BORTMAN LARA SPERBER CORINNE HALE HANNA SMITH ELLIOT BARKAN CHERYL BARNOLI Q H b B b O w o t It b C t A COMING SOON COMING SOON NEW LISTING NEW LISTING NEW LISTING A B A a c s T a d in If li a m w

p a i d a d v e r t i s e m e n t 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 BILL TIPTON MATT TREASURE MATT KELLY DYLAN PHILLIPS DEBBIE PONTIKAS CYNTHIA STOCKWELL STEVE ZIESER TUCKER BLALOCK | 602-ARCADIA Quarter 4 - Arcadia and Biltmore Update Hey, Friends! I hope that you all had a safe New Year and that your resolutions are intact. I'm not usually one to partake in the festivities, but after a few years of early New Year's Eve nights with the kids I decided to surprise Ashley with a quick trip to Las Vegas. We saw Bruno Mars in concert and then caught the fireworks over the strip with about 300,000 other people. It was a circus to say the least, but a great way to dance into the new year. Our 2018 over here at The Brokery has started off with a bang! Our team has put over $10,000,000 into escrow through the first few weeks of the year. Typically, we would see a slow down into the holidays, but this year our phones have remained on fire. We are operating in a very low inventory environment in most areas that is leaving buyers scrambling to find the right home. This is especially true in Arcadia Lite where there are only about 2.5 months of inventory available. It is a common refrain in my editorial, but the Camelback Corridor is thriving and we are lucky to live here. There are a ton of local businesses opening and many larger commercial projects on 28th Street/Camelback that are going vertical. Even the Town and Country shopping center has sprung to life and is now a premiere destination with the likes of Whole Foods and Grassroots adding to the mix. I'm very bullish on the Arcadia Lite and Biltmore areas for these very reasons. Also, as many buyers are being priced out of Arcadia Proper I believe we will continue to see the market move to the west side of the neighborhood where all of the action is. ARCADIA PROPER Q4 2017 NO. OF SALES: 25 AVG. SALES PRICE $1,421,496 AVG. PRICE / SQ FT $402/SQ FT AVG. DAYS ON MKT 139 Q4 2016 NO. OF SALES: 37 AVG. SALES PRICE $1,669,180 AVG. PRICE / SQ FT $378/SQ FT AVG. DAYS ON MKT 155 BILTMORE PROPER Q4 2017 NO. OF SALES: 16 AVG. SALES PRICE $1,068,938 AVG. PRICE / SQ FT $370/SQ FT AVG. DAYS ON MKT 206 Q4 2016 NO. OF SALES: 20 AVG. SALES PRICE $777,250 AVG. PRICE / SQ FT $287/SQ FT AVG. DAYS ON MKT 140 Arcadia Proper turned in a slower 4th Quarter at the end of 2017 than in past years. The market is overly saturated with 75 active listings at the moment which is about 9 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. As prices continue to rise, we will see it take longer for homes to sell. There have recently been new home sales as high as $759/sq.ft. such as the sale at 4821 E Exeter Blvd. The Biltmore market remains steady. Now that the 2 Biltmore community has sold out, we will see average days on the market and average sales price creep back down. As a side note, we just listed two beautiful properties that would be perfect for Arcadia downsizers...2412 E San Miguel in the Taliverde community and 6119 N 31st Ct in the Biltmore Greens. Call me if you would like more info on either of those two or our other Biltmore inventory. 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.