There are some real hot spots in Phoenix this winter. These Hot Spots are fueled by two things:
- Jobs
- Lifestyle
These Hot Spots cause a lot of Buzz. Get it?
There’s been a lot of job growth recently in the I-10 corridor, the I-17 corridor as well as right around North
Tempe and South Scottsdale.
So let’s use a fun bee analogy, shall we?
These areas (Phoenix Metro area) are attracting a lot of employers (hives) which in turn are attracting employees (bees).
Ok, silly bee analogy over. I just wanted to be cute.
What’s big right now is what I like to call “Urban Roosting.” There are two demographics at play when it comes to Urban Roosting:
Demographic 1) The older population. A lot of these folks feel they have done enough hard work in their lifetime (mowing lawns, house renovations, day jobs) and want to move in closer to the big city and trade in their hard work for fun (gambling, drinking, golfing, swimming, no mowing lawns).
Demographic 2) The younger (and sometimes older) population. These folks are typically coming into the homeownership market for the first time. They want that easy-peasy, fun lifestyle too. The fact that they can go have a beer with their friends after work and not have to worry so much about driving is ideal for them. Every store and convenience is centrally located right near their home.
Budget is a big, big thing, and as the Hot Spot areas around Phoenix become more popular, the prices just go up. Last year, 72% of all homes sold in Phoenix sold for $300,000 or less. Only 47% of the current inventory falls in this price range. Even worse, 40% of the homes were sold in the $200,000 or less price range. Only 23% of the current inventory has that kind of price tag. Like I keep telling you *cue broken record* this price range is disappearing FAST.
All the new builds are going to the outskirts of town, away from the Hot Spots in town.
You’re going to see investors coming into town, buying up these properties that are old and crummy, then making them all new and pretty so people can move in and not have to worry about doing a lot of maintenance because again, that’s what the Hot Spot buyers are trying to get away from.
The Upside of Buying in a Hot Spot: You’re probably going to see a little bit higher appreciation rate than you might see in other areas.
The Downside of Buying in a Hot Spot: There’s much more demand than supply. You’re going to need a really good strategy to get in there and buy.
If you have any questions or comments, or if you just wanna have some hot chocolate with me on this cold wintry day, let me know. Thank you for reading and watching!
Kristin LaVanway
480-282-7464
kristin@hereinphoenix.com
Search Results: 644 Properties
Lowest Price
$7,500
Average Price
$212,001
Highest Price
$300,000
5402 E Mckellips Road 286 Mesa 85215
For Sale
$86,999
Bedrooms: 2
Baths: 2
Sqft: 1,544
MLS: #6164403
Broker: Realty ONE Group
1836 N Stapley Drive 139 Mesa 85203
For Sale
$260,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,428
MLS: #6163436
Broker: Arizona Best Real Estate
1006 W Riviera Circle Tempe 85282
UCB
$299,000
Bedrooms: 4
Baths: 2
Sqft: 1,551
MLS: #6156302
Broker: Coldwell Banker Realty
240 W Juniper Avenue 1072 Gilbert 85233
UCB
$282,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,127
MLS: #6153466
Broker: Venture REI, LLC
7750 E Broadway Road 54 Mesa 85208
For Sale
$169,900
Bedrooms: 1
Baths: 2
Sqft: 700
MLS: #6163041
Broker: HomeSmart
629 N Mesa Drive 19 Mesa 85201
For Sale
$181,282
Bedrooms: 2
Baths: 1
Sqft: 836
MLS: #6156748
Broker: American Allstar Realty
2337 E Palm Beach Drive Chandler 85249
UCB
$299,900
Bedrooms: 3
Baths: 2
Sqft: 1,363
MLS: #6153751
Broker: Nichols AZ Real Estate
6841 E Golden Hills Way Mesa 85208
For Sale
$269,900
Bedrooms: 3
Baths: 2
Sqft: 1,805
MLS: #6164320
Broker: Hilton Realty Corporation
1001 N Pasadena -- 56 Mesa 85201
UCB
$230,000
Bedrooms: 2
Baths: 2
Sqft: 927
MLS: #6162434
Broker: Keller Williams Integrity First
4028 E Caballero Street Mesa 85205
UCB
$234,000
Bedrooms: 2
Baths: 2
Sqft: 908
MLS: #6162091
Broker: Corcoran Platinum Living
2142 W Knowles Circle Mesa 85202
For Sale
$283,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,550
MLS: #6136974
Broker: R.O.I. Properties
6319 E Dallas Street Mesa 85205
CCBS
$269,900
Bedrooms: 2
Baths: 2
Sqft: 1,375
MLS: #6158620
Broker: Stunning Homes Realty
1222 W Baseline Road 172 Tempe 85283
For Sale
$225,000
Bedrooms: 2
Baths: 2
Sqft: 1,093
MLS: #6162819
Broker: Sun Devil Real Estate
295 N Rural Road 243 Chandler 85226
For Sale
$230,000
Bedrooms: 1
Baths: 1
Sqft: 920
MLS: #6161513
Broker: Keller Williams Realty East Valley
5515 E Dallas Street Mesa 85205
UCB
$229,995
Bedrooms: 2
Baths: 2
Sqft: 1,271
MLS: #6136153
Broker: Revinre
2460 E Main Street B19 Mesa 85213
For Sale
$89,900
Bedrooms: 2
Baths: 2
Sqft: 1,027
MLS: #6164144
Broker: My Home Group Real Estate
201 S 91st Place Mesa 85208
UCB
$224,900
Bedrooms: 4
Baths: 2
Sqft: 1,475
MLS: #6144774
Broker: Keller Williams Integrity First
9501 E Broadway Road 10 Mesa 85208
For Sale
$89,900
Bedrooms: 2
Baths: 2
Sqft: 984
MLS: #6163773
Broker: Stunning Homes Realty
1550 N Stapley Drive 53 Mesa 85203
For Sale
$262,900
Bedrooms: 2
Baths: 2
Sqft: 1,490
MLS: #6160611
Broker: My Home Group Real Estate
11431 E Flower Avenue Mesa 85208
For Sale
$275,000
Bedrooms: 3
Baths: 2
Sqft: 1,371
MLS: #6164322
Broker: Western Lifestyle Realty
540 N May -- 2092 Mesa 85201
For Sale
$169,000
Bedrooms: 2
Baths: 1
Sqft: 855
MLS: #6130705
Broker: West USA Realty
2146 W Isabella Avenue 121 Mesa 85202
For Sale
$182,000
Bedrooms: 2
Baths: 2
Sqft: 1,092
MLS: #6163656
Broker: Blondie Wolfe & Associates
441 S Maple -- 12 Mesa 85206
UCB
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,196
MLS: #6162284
Broker: Keller Williams Integrity First
5628 E Dallas Street Mesa 85205
For Sale
$289,900
Bedrooms: 3
Baths: 2
Sqft: 1,739
MLS: #6161142
Broker: Breinholt May Realty & Investments
3908 E Alder Avenue Mesa 85206
UCB
$175,000
Bedrooms: 4
Baths: 2
Sqft: 1,140
MLS: #6161672
Broker: My Home Group Real Estate
1645 W Baseline Road 2032 Mesa 85202
For Sale
$194,997
Bedrooms: 2
Baths: 1.25
Sqft: 960
MLS: #6162220
Broker: HomeSmart
255 S Kyrene Road 216 Chandler 85226
For Sale
$230,000
Bedrooms: 2
Baths: 2
Sqft: 913
MLS: #6147156
Broker: Realty ONE Group
520 N Stapley Drive 216 Mesa 85203
For Sale
$155,000
Bedrooms: 2
Baths: 2
Sqft: 879
MLS: #6161489
Broker: Keller Williams Realty Sonoran Living
2402 E 5th Street 1432 Tempe 85281
For Sale
$289,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,101
MLS: #6117955
Broker: Keller Williams Realty East Valley
4545 E Delta Avenue Mesa 85206
For Sale
$279,500
Bedrooms: 2
Baths: 1.75
Sqft: 1,769
MLS: #6164266
Broker: West USA Realty
695 S 92nd Street Mesa 85208
For Sale
$165,000
Bedrooms: 3
Baths: 2
Sqft: 1,152
MLS: #6164227
Broker: Sterling Fine Properties
2700 E Allred Avenue E61 Mesa 85206
For Sale
$31,900
Bedrooms: 2
Baths: 1.5
Sqft: 910
MLS: #6164059
Broker: Americas Real Estate Properties
2310 W Carson Drive Tempe 85282
UCB
$219,900
Bedrooms: 3
Baths: 2
Sqft: 1,050
MLS: #6163458
Broker: Property Hub LLC
3560 W Mesquite Avenue Queen Creek 85142
For Sale
$267,975
Bedrooms: 3
Baths: 2
Sqft: 1,454
MLS: #6160841
Broker: HomeSmart
3894 E Palmer Street Gilbert 85298
UCB
$285,000
Bedrooms: 3
Baths: 2
Sqft: 1,215
MLS: #6162807
Broker: Redeemed Real Estate
5955 E Colby Street Mesa 85205
UCB
$274,900
Bedrooms: 4
Baths: 2.75
Sqft: 2,062
MLS: #6162252
Broker: Bliss Realty & Investments
873 E Butler Drive Chandler 85225
UCB
$294,900
Bedrooms: 3
Baths: 2
Sqft: 1,237
MLS: #6163382
Broker: HomeSmart
2401 W Southern Avenue 167 Tempe 85282
UCB
$34,500
Bedrooms: 2
Baths: 2
Sqft: 1,536
MLS: #6155654
Broker: SLW Realty Group, LLC
8337 E Deer Circle Mesa 85208
For Sale
$148,900
Bedrooms: 2
Baths: 2
Sqft: 1,057
MLS: #6137702
Broker: Century 21 Arizona Foothills
2455 E Broadway Road 4 Mesa 85204
For Sale
$218,000
Bedrooms: 3
Baths: 2
Sqft: 1,389
MLS: #6144135
Broker: A.Z. & Associates
6129 E Colby Street Mesa 85205
For Sale
$280,000
Bedrooms: 3
Baths: 2
Sqft: 1,428
MLS: #6164195
Broker: West USA Realty
2401 W Southern Avenue 407 Tempe 85282
For Sale
$34,500
Bedrooms: 2
Baths: 1
Sqft: 800
MLS: #6164172
Broker: SLW Realty Group, LLC
921 W University Drive 1075 Mesa 85201
For Sale
$250,000
Bedrooms: 3
Baths: 2
Sqft: 1,196
MLS: #6154858
Broker: Capital Property Ventures
8500 E Southern Avenue 85 Mesa 85209
For Sale
$134,900
Bedrooms: 2
Baths: 2
Sqft: 1,680
MLS: #6156752
Broker: Just Selling AZ
2209 N Recker Road Mesa 85215
For Sale
$199,900
Bedrooms: 2
Baths: 2
Sqft: 1,152
MLS: #6163712
Broker: RE/MAX Classic
1357 S Allen Street Mesa 85204
For Sale
$230,000
Bedrooms: 3
Baths: 2
Sqft: 1,118
MLS: #6151257
Broker: Faith Real Estate and Investments, LLC
1942 S Emerson -- 212 Mesa 85210
UCB
$149,900
Bedrooms: 1
Baths: 1
Sqft: 654
MLS: #6150033
Broker: West USA Realty
3104 E Broadway Road 276 Mesa 85204
UCB
$33,900
Bedrooms: 2
Baths: 2
Sqft: 1,248
MLS: #6112252
Broker: Keller Williams Realty Sonoran Living
10965 E Delta Avenue Mesa 85208
UCB
$280,000
Bedrooms: 3
Baths: 2
Sqft: 1,236
MLS: #6162937
Broker: My Home Group Real Estate
1850 S Westwood -- 34 Mesa 85210
For Sale
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,472
MLS: #6162403
Broker: Lucas Real Estate
4625 E Carmel Avenue Mesa 85206
UCB
$255,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,403
MLS: #6145429
Broker: DPR Realty LLC
1075 E Chandler Boulevard 102 Chandler 85225
For Sale
$200,000
Bedrooms: 2
Baths: 2
Sqft: 1,003
MLS: #6162528
Broker: Elpis Real Estate Boutique
231 N Robson Street 17 Mesa 85201
For Sale
$199,950
Bedrooms: 2
Baths: 1
Sqft: 1,008
MLS: #6164095
Broker: Valley Executives Real Estate
5704 E Decatur Street Mesa 85205
For Sale
$235,000
Bedrooms: 2
Baths: 2
Sqft: 1,293
MLS: #6155942
Broker: Realty Executives
4065 E University Drive 136 Mesa 85205
For Sale
$35,000
Bedrooms: 2
Baths: 1.5
Sqft: 880
MLS: #6160742
Broker: Americas Real Estate Properties
1427 Leisure World -- Mesa 85206
UCB
$289,900
Bedrooms: 2
Baths: 2
Sqft: 1,747
MLS: #6162879
Broker: RE/MAX Classic
3510 E Capri Avenue Mesa 85204
For Sale
$289,700
Bedrooms: 3
Baths: 2
Sqft: 1,191
MLS: #6160465
Broker: rHOMEaz LLC
550 W Emerald Avenue Mesa 85210
For Sale
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,160
MLS: #6162772
Broker: eXp Realty
1278 Leisure World -- Mesa 85206
UCB
$279,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,915
MLS: #6150906
Broker: RE/MAX Solutions
454 S Standage -- Mesa 85202
For Sale
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,380
MLS: #6161266
Broker: Saguaro Desert Realty
1430 S Rosemont -- Mesa 85206
For Sale
$290,000
Bedrooms: 3
Baths: 2
Sqft: 1,279
MLS: #6131691
Broker: West USA Realty
415 Leisure World -- Mesa 85206
For Sale
$165,000
Bedrooms: 3
Baths: 2
Sqft: 1,712
MLS: #6164018
Broker: Easy Button Realty, LLC
7750 E Broadway Road 674 Mesa 85208
For Sale
$118,000
Bedrooms: 1
Baths: 2
Sqft: 636
MLS: #6084689
Broker: Presidential Realty, LLC
601 N May Street 6 Mesa 85201
UCB
$184,700
Bedrooms: 2
Baths: 1
Sqft: 805
MLS: #6151287
Broker: My Home Group Real Estate
1103 E 6th Avenue Mesa 85204
For Sale
$264,900
Bedrooms: 3
Baths: 1.5
Sqft: 1,106
MLS: #6156660
Broker: Presidential Realty, LLC
9808 E Butte Street Mesa 85207
For Sale
$209,900
Bedrooms: 2
Baths: 1
Sqft: 1,328
MLS: #6160317
Broker: Presidential Realty, LLC
649 S Fraser Drive Mesa 85204
UCB
$289,999
Bedrooms: 3
Baths: 2
Sqft: 1,136
MLS: #6159559
Broker: Stunning Homes Realty
1100 N Priest Drive 2144 Chandler 85226
For Sale
$249,900
Bedrooms: 3
Baths: 2
Sqft: 1,200
MLS: #6163810
Broker: eXp Realty
1622 W Village Way Tempe 85282
For Sale
$199,900
Bedrooms: 3
Baths: 2
Sqft: 1,148
MLS: #6152241
Broker: My Home Group Real Estate
901 E Shobe Drive Tempe 85283
UCB
$200,000
Bedrooms: 2
Baths: 2
Sqft: 902
MLS: #6163259
Broker: eXp Realty
5735 E Mcdowell Road 322 Mesa 85215
For Sale
$136,500
Bedrooms: 1
Baths: 1
Sqft: 1,000
MLS: #6150442
Broker: RE/MAX Alliance Group
817 E Gila Lane Chandler 85225
For Sale
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,250
MLS: #6163963
Broker: My Home Group Real Estate
533 W Guadalupe Road 2079 Mesa 85210
For Sale
$185,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,080
MLS: #6163400
Broker: Cactus Mountain Properties, LLC
425 S Parkcrest -- 328 Mesa 85206
UCB
$163,900
Bedrooms: 2
Baths: 2
Sqft: 1,403
MLS: #6122264
Broker: My Home Group Real Estate
7005 E Broadway Road 22 Mesa 85208
For Sale
$189,900
Bedrooms: 2
Baths: 2
Sqft: 1,288
MLS: #6161033
Broker: Canam Realty Group
700 E Mesquite Circle O 111 Tempe 85281
For Sale
$180,000
Bedrooms: 1
Baths: 1
Sqft: 804
MLS: #6145289
Broker: My Home Group Real Estate
822 W Colgate Drive Tempe 85283
For Sale
$279,900
Bedrooms: 3
Baths: 2
Sqft: 1,071
MLS: #6162380
Broker: My Home Group Real Estate
1960 E Cherry Hills Drive Chandler 85249
For Sale
$200,000
Bedrooms: 2
Baths: 2
Sqft: 921
MLS: #6121441
Broker: RE/MAX Solutions
6065 E Des Moines Street Mesa 85205
CCBS
$267,000
Bedrooms: 2
Baths: 2
Sqft: 1,118
MLS: #6140806
Broker: Realty ONE Group
444 S 80th Place Mesa 85208
For Sale
$184,900
Bedrooms: 3
Baths: 2
Sqft: 1,800
MLS: #6151632
Broker: Petersen Realty
286 W Palomino Drive 68 Chandler 85225
UCB
$189,900
Bedrooms: 3
Baths: 2
Sqft: 1,066
MLS: #6148629
Broker: West USA Realty
2055 N 56th Street 22 Mesa 85215
For Sale
$259,800
Bedrooms: 2
Baths: 2
Sqft: 1,340
MLS: #6151719
Broker: HomeSmart
1811 S 39th Street 8 Mesa 85206
For Sale
$290,000
Bedrooms: 4
Baths: 2
Sqft: 1,515
MLS: #6162493
Broker: Keller Williams Integrity First
8340 E Lakeview Avenue Mesa 85209
For Sale
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,465
MLS: #6147353
Broker: Just Selling AZ
303 S Recker Road 186 Mesa 85206
For Sale
$30,000
Bedrooms: 2
Baths: 2
Sqft: 768
MLS: #6075152
Broker: Realty ONE Group
449 E 3rd Street Mesa 85203
For Sale
$259,900
Bedrooms: 4
Baths: 2
Sqft: 1,216
MLS: #6163960
Broker: neXGen Real Estate
747 S Extension Road 112 Mesa 85210
For Sale
$145,000
Bedrooms: 2
Baths: 2
Sqft: 890
MLS: #6161264
Broker: Sound Realty
1727 S Chatsworth -- Mesa 85209
UCB
$285,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,933
MLS: #6162705
Broker: Joi Realty
2015 E Southern Avenue 23 Tempe 85282
UCB
$225,000
Bedrooms: 3
Baths: 2
Sqft: 1,230
MLS: #6144745
Broker: Berkshire Hathaway HomeServices Arizona Properties
234 E 7th Avenue Mesa 85210
For Sale
$284,900
Bedrooms: 3
Baths: 1
Sqft: 1,246
MLS: #6160521
Broker: Hispanic Real Estate Center
709 W Nopal Place Chandler 85225
UCB
$280,000
Bedrooms: 2
Baths: 1
Sqft: 1,300
MLS: #6155925
Broker: Coldwell Banker Realty
3491 N Arizona Avenue 94 Chandler 85225
UCB
$212,500
Bedrooms: 2
Baths: 2.5
Sqft: 1,046
MLS: #6161841
Broker: Keller Williams Realty East Valley
2727 E University Drive 60 Tempe 85281
For Sale
$69,800
Bedrooms: 2
Baths: 2
Sqft: 1,120
MLS: #6155787
Broker: Realty ONE Group
5615 S Bounty Court A Tempe 85283
For Sale
$215,000
Bedrooms: 2
Baths: 1
Sqft: 928
MLS: #6162149
Broker: Keller Williams Realty Phoenix
8212 E Broadway Road Mesa 85208
For Sale
$250,000
Bedrooms: 3
Baths: 2.75
Sqft: 1,657
MLS: #6129371
Broker: AF Realty
2093 E Don Carlos Avenue Tempe 85281
UCB
$275,000
Bedrooms: 3
Baths: 2
Sqft: 1,270
MLS: #6127390
Broker: North & Co
625 S Westwood -- 167 Mesa 85210
UCB
$194,900
Bedrooms: 2
Baths: 2
Sqft: 1,118
MLS: #6148945
Broker: Realty ONE Group
7129 E Broadway Road 72 Mesa 85208
For Sale
$195,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,288
MLS: #6163838
Broker: Realty ONE Group
5542 E Boise Street Mesa 85205
For Sale
$229,900
Bedrooms: 2
Baths: 2
Sqft: 1,144
MLS: #6162646
Broker: Canam Realty Group
5210 E Butte Street Mesa 85205
For Sale
$189,900
Bedrooms: 2
Baths: 2
Sqft: 1,164
MLS: #6158387
Broker: Canam Realty Group
