Arcadia News — award winning neighborhood news since 1993
June 2018
June 2018, page 9

ARCADIA OFFICE 4546 N. 40TH STREET PHOENIX, AZ 85018 BILTMORE OFFICE 2400 E MISSOURI AVE. PHOENIX, AZ 85016 THEBROKERYAZ.COM • 602.892.4444 OLEG BORTMAN LARA SPERBER CORINNE HALE HANNA SMITH ELLIOT BARKAN CHERYL BARNOLI 2 BILTMORE EST #204 - $1,999,985 3 BED | 3.5 BATH | 3,435 SQ. FT. 5818 N 45TH ST - $1,195,000 4 BED | 3.5 BATH | 3,305 SQ. FT. 2520 E SAN MIGUEL - $1,250,000 4 BED | 4 BATH | 3,332 SQ. FT. 3713 E MEADOWBROOK AVE - $1,129,000 4 BED | 3.5 BATH | 3,446 SQ. FT. 2412 E SAN MIGUEL - $949,000 3 BED | 2.5 BATH | 3,240 SQ. FT. 2401 E MONTEBELLO AVE - $999,999 4 BED | 3.5 BATH | 3,439 SQ. FT. 3828 N 42ND PL - $799,000 4 BED | 3 BATH | 2,577 SQ. FT. 2211 E CAMELBACK RD #206 - $675,000 2 BED + OFFICE | 2 BATH | 2,074 SQ. FT. 4210 N 33RD PL - $695,000 4 BED | 3 BATH | 3,529 SQ. FT.

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 T U C K E R B L A L O C K 602-ARCADIA Who says that summers are slow? MATT KELLY DYLAN PHILLIPS DEBBIE PONTIKAS CYNTHIA STOCKWELL STEVE ZIESER SHANE LEICHTY If you are like most people you have probably been told that nobody buys homes in the summer here in Arizona. It's too hot, everyone leaves, nobody goes outside, etc etc. Here comes a shocker! More homes are sold in the summer than any other time of the year! In 2016 and 2017, summer sales volume in Arizona was approximately 50% higher than in the winter months. So for all of you that think you have to wait until summer is over to sell your home...don't believe the hype. To the right you will see charts from the past two years pulled directly from the MLS statistics website that show the number of closings each month. Both charts show a definite trend that includes low sales volume heading into the winter holidays and a ramp up into the summer months. In 2016, January only saw 5,131 homes close whereas June through August averaged 8,111 homes per month. In 2017, we saw much of the same as January closed 5,932 homes and June through August averaged 8,452. It's also interesting to note that days on market decrease during the summer. I believe the summer months are busiest for a couple of reasons. First, there is some carryover from the spring selling season that pushes closings into the summer. Second, a lot of local families move during the summer so that it doesn't interfere with the school year. You also have to remember that just because it is hot doesn't mean that companies aren't relocating their workers here or that people stop looking for shelter. Maricopa County continues to lead the nation in population growth so don't think that a little hot weather will slow the rush. We love summer buyers. If they are out looking at homes in 120 degree heat then they are serious. If you are thinking about selling this summer, we aren't afraid to put in some sweat for you. Call us today at 602-888-6375. *All facts and figures are deemed reliable, but not guaranteed. MLS statistics as of February 2017 & 2018. m o n t h ly s a l e s f o r 2 0 1 6 - 2 0 1 7 m o n t h ly s a l e s f o r 2 0 1 7 - 2 0 1 8