Arcadia Lite Real Estate Market | March 2018

Here’s a look at the Arcadia Lite Real Estate Market for March 2018.

We will look at the home sales numbers for Arcadia Lite for 2018 and see how the numbers have changed over the last year.

Arcadia Lite is hot.

Rehab crews everywhere.

Bidding wars.

Multiple offers.

Fewer days on market.

The perfect storm.

Lets see if the prices here continue up.

First, go here if you are looking for a home in the Arcadia Lite Community. We’ve got lots of neighborhood info there. You’ll see restaurant favorites, local things to do, and plenty of homes to consider.

Arcadia Lite and the 85018 zip code had a great 2018. Of course everything does move in cycles. At some point things will flatten out. Today, the median home sales price point in Arcadia Lite will continue to see high demand. There are fewer homes in this popular median price point of $600 – $800K.

As mentioned in the video there were 59 homes in this price range on the market last year. Today, that number is 34. That is a huge drop. With so little supply, and demand so high prices are sure to continue to rise in the short come. As interest rates increase there will be downward pressure on home values which should eventually decrease the current upward projection.

I think you know. It means that there is competition. Buyers working with us at the AZ Premier Agents group are having better success than many of our competitors. Our team knows how to make our offers more appealing to sellers. No, it doesn’t always mean going in high on price. It’s simply worth taking a few extra steps to make our buyers more appealing in a sellers eyes.

You’re in the drivers seat. At least for the foreseeable future in 2018. Sellers in the 85018 Arcadia Lite zone have a highly desirable commodity. That’s going to drive up prices even further until the Arcadia Lite real estate market puts on the brakes. If you are thinking about selling this is the perfect time to cash in. And, of course, yours truly is more than happy to help you create that bidding war to help you fetch top dollar.

Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.

See Additional Reports on the Phoenix Real Estate Market

Here’s the most recent home listings just added to the database in the average price range for Phoenix.