2020 has been quite the year for the Arizona Real estate industry. Early in the year, it was unknown how our market would be, in the following months of a government shutdown, but the housing industry, thrived. Factors that boosted our market were historically low interest rates that have held fast. Low inventory, has increased pricing, encouraging home owners to: 1. refinance 2. relocate 3. upsize or downsize.
In our Phoenix area, in the past 3 to 5 years there have between 27,000 to 30,000 homes on the market. Today, we have 6,400 homes available for sale. We are down about 75% in inventory. Every home we put on the market has about 14 to 30 people wanting it, and writing offers on it. Currently in San Tan Valley (zip code 85143) we have 26 active homes for sale. Right now we have a STRONG Sellers market.
San Tan Valley, AZ 85143
Tue Dec 22 2020 This week the median list price for San Tan Valley, AZ 85143 is $369,000 with the market action index hovering around 98. This is an increase over last month's market action index of 95. Inventory has held steady at or around 27.Click here to stay informed with the San Tan Valley market!
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.
The Kallhoff Team is super excited to announce that Trader Joe's is co
"Rebecca changed our lives and our thoughts re: realtors in general. They were very, very knowledgeable and took their time too explain any questions or concerns that we had as a family or individually. The kallhoff team was very pleasant and very patient with us and made herself available to our schedule, she showed us more homes in one day than our previous realtor did in 2 months. She literally took the time too make sure all our questions were answered or addressed. She would email us a full report at the end of our day, with a full recap of all the homes we saw so we could make a wise decision. Even when we would get discouraged, Michelle would always make us feel better to find the house that was meant to be for us! Once we found our dream home, Rebecca joined our team and sold our house in less 2 weeks. That in itself was an amazing job!! She worked day and night to get our home sold! Took in consideration every concern we had. Her genuine interest in helping our family with our move was unbelievable, even though I worked nights, Rebecca made sure we had the necessary help to make our move as smooth as possible. Even helped out more than we expected. Rebecca made us feel as we were part of their family. There was no impossible task for her and her team. They worked hard to meet our deadlines and close on time, especially on our difficult schedule. Kudos to your team! You guys made our whole experience so easy. We would HIGHLY RECOMMEND and Rebecca Kallhoff Team to anyone as they did an awesome job! We do not have enough words to express our gratitude for their hard work. We were always kept up to date with the showings of our home and they were always concerned on keeping us informed on our closing. If we could give them 10+ stars each we would. Thank you!!!"