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: 670 Properties
Lowest Price
$3,000
Average Price
$219,886
Highest Price
$300,000
742 S Barkley -- Mesa 85204
New Listing
$269,999
Bedrooms: 4
Baths: 2
Sqft: 1,446
MLS: #6100797
Broker: eXp Realty
1203 S Anvil Place Chandler 85286
New Listing
$295,000
Bedrooms: 3
Baths: 2
Sqft: 1,241
MLS: #6100787
Broker: Flat List RE
2652 N 61st Street Mesa 85215
New Listing
$274,900
Bedrooms: 2
Baths: 2
Sqft: 1,318
MLS: #6100785
Broker: My Home Group Real Estate
5415 E Mckellips Road 37 Mesa 85215
New Listing
$256,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,469
MLS: #6100293
Broker: My Home Group Real Estate
19187 E Kingbird Drive Queen Creek 85142
New Listing
$294,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,757
MLS: #6100418
Broker: eXp Realty
1100 W 17th Street Tempe 85281
New Listing
$299,900
Bedrooms: 3
Baths: 1.75
Sqft: 1,274
MLS: #6100761
Broker: Bliss Realty & Investments
2720 S Decatur Drive 103 Gilbert 85295
For Sale
$269,900
Bedrooms: 2
Baths: 2
Sqft: 1,096
MLS: #6097526
Broker: Stunning Homes Realty
1886 E Don Carlos Avenue 116 Tempe 85281
For Sale
$268,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,462
MLS: #6096042
Broker: Berkshire Hathaway HomeServices Arizona Properties
1819 W Desert Canyon Drive Queen Creek 85142
For Sale
$249,900
Bedrooms: 4
Baths: 2
Sqft: 1,679
MLS: #6094297
Broker: Keller Williams Realty East Valley
2321 W Ironwood Drive Chandler 85224
New Listing
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,266
MLS: #6100715
Broker: United Brokers Group
1590 W Curry Drive Chandler 85224
New Listing
$285,000
Bedrooms: 3
Baths: 2
Sqft: 1,133
MLS: #6100682
Broker: RE/MAX Solutions
1921 S Shannon Drive Tempe 85281
UCB
$282,000
Bedrooms: 2
Baths: 2
Sqft: 1,416
MLS: #6099083
Broker: Arizona Best Real Estate
1350 S Greenfield Road 1042 Mesa 85206
For Sale
$250,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,380
MLS: #6095100
Broker: ProSmart Realty
808 W Nopal Place Chandler 85225
New Listing
$285,000
Bedrooms: 3
Baths: 2
Sqft: 1,298
MLS: #6100257
Broker: West USA Realty
2333 E Southern Avenue 1093 Tempe 85282
For Sale
$189,999
Bedrooms: 2
Baths: 1
Sqft: 918
MLS: #6078536
Broker: Scottee The Realtor
6750 S Bonarden Lane Tempe 85283
For Sale
$229,900
Bedrooms: 2
Baths: 1.5
Sqft: 1,252
MLS: #6098439
Broker: Realty ONE Group
1840 E Augusta Avenue Chandler 85249
UCB
$175,000
Bedrooms: 2
Baths: 1.75
Sqft: 920
MLS: #6079808
Broker: Cactus Mountain Properties, LLC
1359 W Vine Avenue Mesa 85202
For Sale
$230,000
Bedrooms: 3
Baths: 1
Sqft: 1,008
MLS: #6095092
Broker: My Home Group Real Estate
1505 N Center Street 109 Mesa 85201
For Sale
$190,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,224
MLS: #6095538
Broker: HomeSmart
1143 E Sandpiper Drive 210 Tempe 85283
UCB
$240,000
Bedrooms: 2
Baths: 2
Sqft: 1,151
MLS: #6079107
Broker: My Home Group Real Estate
8443 E Milagro Circle Mesa 85209
For Sale
$299,000
Bedrooms: 3
Baths: 2
Sqft: 1,412
MLS: #6097244
Broker: HomeSmart
10155 E Isleta Avenue Mesa 85209
UCB
$275,000
Bedrooms: 3
Baths: 3
Sqft: 1,821
MLS: #6065103
Broker: Platinum Living Realty
1485 E Augusta Avenue Chandler 85249
New Listing
$259,000
Bedrooms: 2
Baths: 2
Sqft: 1,086
MLS: #6100646
Broker: HomeSmart
18 W Hancock Avenue Gilbert 85233
CCBS
$288,000
Bedrooms: 4
Baths: 2.5
Sqft: 1,809
MLS: #6064014
Broker: My Home Group Real Estate
8865 E Baseline Road 346 Mesa 85209
For Sale
$124,900
Bedrooms: 2
Baths: 2
Sqft: 1,020
MLS: #6088049
Broker: Realty ONE Group
6209 E Mckellips Road 212 Mesa 85215
UCB
$64,999
Bedrooms: 2
Baths: 2
Sqft: 1,058
MLS: #6064632
Broker: Realty ONE Group
10960 E Monte Avenue 121 Mesa 85209
For Sale
$289,000
Bedrooms: 2
Baths: 2
Sqft: 1,375
MLS: #6058615
Broker: My Home Group Real Estate
1905 E University Drive 133 Tempe 85281
UCB
$192,500
Bedrooms: 2
Baths: 2
Sqft: 934
MLS: #6067031
Broker: Glass House International
1123 S 53rd Place Mesa 85206
New Listing
$289,900
Bedrooms: 3
Baths: 2
Sqft: 1,454
MLS: #6100605
Broker: neXGen Real Estate
3800 S Cantabria Circle 1022 Chandler 85248
UCB
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,188
MLS: #6097998
Broker: Southwest Mountain Realty, LLC
834 E Fountain Street 11 Mesa 85203
UCB
$159,000
Bedrooms: 2
Baths: 1.5
Sqft: 1,152
MLS: #6099789
Broker: Keller Williams Integrity First
8865 E Baseline Road 1659 Mesa 85209
For Sale
$34,900
Bedrooms: 1
Baths: 1
Sqft: 600
MLS: #6075051
Broker: Realty ONE Group
1051 S Dobson Road 143 Mesa 85202
New Listing
$170,000
Bedrooms: 2
Baths: 1
Sqft: 1,047
MLS: #6100565
Broker: North & Co
803 S Reseda -- Mesa 85206
New Listing
$291,000
Bedrooms: 2
Baths: 2
Sqft: 1,868
MLS: #6100276
Broker: The Maricopa Real Estate Co
1505 N Center Street 220 Mesa 85201
UCB
$195,000
Bedrooms: 2
Baths: 2.5
Sqft: 1,218
MLS: #6051562
Broker: Keller Williams Realty Phoenix
529 E Hampton Avenue Mesa 85204
New Listing
$239,999
Bedrooms: 4
Baths: 2
Sqft: 1,296
MLS: #6100505
Broker: West USA Realty
1111 W Summit Place 82 Chandler 85224
For Sale
$245,000
Bedrooms: 2
Baths: 2
Sqft: 1,146
MLS: #6098675
Broker: HomeSmart
1442 S 37th Street Mesa 85206
For Sale
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,365
MLS: #6099292
Broker: West USA Realty
1716 W Village Way Tempe 85282
UCB
$199,900
Bedrooms: 3
Baths: 1.75
Sqft: 1,148
MLS: #6090676
Broker: My Home Group Real Estate
424 W Brown Road 244 Mesa 85201
New Listing
$120,000
Bedrooms: 2
Baths: 2
Sqft: 902
MLS: #6100382
Broker: Homie
131 N Higley Road 67 Mesa 85205
New Listing
$155,000
Bedrooms: 2
Baths: 2
Sqft: 1,040
MLS: #6100497
Broker: Century 21 Seago
930 N Mesa Drive 1043 Mesa 85201
For Sale
$148,900
Bedrooms: 1
Baths: 1
Sqft: 760
MLS: #6097870
Broker: BlackRoc Property Management, LLC
1115 S Hazelton Lane Tempe 85281
For Sale
$288,900
Bedrooms: 3
Baths: 1
Sqft: 1,020
MLS: #6094461
Broker: Moxie Real Estate
2550 S Ellsworth Road 687 Mesa 85209
New Listing
$148,800
Bedrooms: 2
Baths: 2
Sqft: 1,500
MLS: #6100459
Broker: Venture Real Estate & Consulting
9233 E Neville Avenue 1145 Mesa 85209
UCB
$208,998
Bedrooms: 2
Baths: 2
Sqft: 1,056
MLS: #6096438
Broker: Lotus Real Estate
5808 E Brown Road 3 Mesa 85205
For Sale
$220,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,180
MLS: #6099073
Broker: Stunning Homes Realty
808 Aztec -- Mesa 85205
New Listing
$90,000
Bedrooms: 1
Baths: 1
Sqft: 433
MLS: #6100435
Broker: Keller Williams Integrity First
108 E 9th Avenue Mesa 85210
For Sale
$288,000
Bedrooms: 3
Baths: 2
Sqft: 1,842
MLS: #6097088
Broker: Homie
3825 E Flower Court Gilbert 85298
For Sale
$274,900
Bedrooms: 2
Baths: 2
Sqft: 1,421
MLS: #6097585
Broker: West USA Realty
805 S Sycamore Avenue 216 Mesa 85202
For Sale
$255,900
Bedrooms: 3
Baths: 2
Sqft: 1,534
MLS: #6076567
Broker: Hague Partners
1287 N Alma School Road 154 Chandler 85224
For Sale
$160,000
Bedrooms: 2
Baths: 2
Sqft: 1,036
MLS: #6099432
Broker: Realty Executives
1607 N Comanche Drive Chandler 85224
UCB
$275,000
Bedrooms: 2
Baths: 2
Sqft: 1,284
MLS: #6098664
Broker: Keller Williams Integrity First
7964 E Madero Avenue Mesa 85209
CCBS
$285,000
Bedrooms: 2
Baths: 2
Sqft: 1,343
MLS: #6058191
Broker: Realty ONE Group
1902 E Doral Drive Chandler 85249
UCB
$269,000
Bedrooms: 2
Baths: 2
Sqft: 1,017
MLS: #6083758
Broker: Keller Williams Realty Phoenix
2937 S Country Club Way Tempe 85282
New Listing
$249,900
Bedrooms: 3
Baths: 1.5
Sqft: 1,568
MLS: #6100318
Broker: HomeSmart
702 N 56th Street Mesa 85205
For Sale
$259,900
Bedrooms: 3
Baths: 2
Sqft: 1,366
MLS: #6065043
Broker: HomeSmart
295 N Rural Road 210 Chandler 85226
UCB
$215,000
Bedrooms: 1
Baths: 1
Sqft: 920
MLS: #6099336
Broker: Berkshire Hathaway HomeServices Arizona Properties
9302 E Broadway Road OFC Mesa 85208
For Sale
$44,900
Bedrooms: 2
Baths: 2
Sqft: 1,248
MLS: #6099526
Broker: Realty ONE Group
332 S 83rd Place Mesa 85208
For Sale
$230,000
Bedrooms: 3
Baths: 2
Sqft: 1,364
MLS: #6099520
Broker: West USA Realty
465 W Highland Street Chandler 85225
For Sale
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,441
MLS: #6099807
Broker: United Brokers Group
2220 W Dora Street 205 Mesa 85201
New Listing
$109,900
Bedrooms: 2
Baths: 2
Sqft: 818
MLS: #6100328
Broker: HomeSmart
633 N May Street 17 Mesa 85201
For Sale
$182,900
Bedrooms: 3
Baths: 2
Sqft: 936
MLS: #6099230
Broker: Revinre
3841 W Calle Primera -- Chandler 85226
For Sale
$249,900
Bedrooms: 3
Baths: 2
Sqft: 1,080
MLS: #6096580
Broker: Petersen Realty
2219 N Gentry -- Mesa 85213
For Sale
$290,000
Bedrooms: 4
Baths: 2
Sqft: 2,240
MLS: #6099569
Broker: Gentry Real Estate
151 E Broadway Road 213 Tempe 85282
For Sale
$126,500
Bedrooms: 2
Baths: 1
Sqft: 775
MLS: #6096865
Broker: Gentry Real Estate
1868 W Appaloosa Way Queen Creek 85142
UCB
$239,900
Bedrooms: 3
Baths: 2.5
Sqft: 1,508
MLS: #6099559
Broker: At Home Real Estate Arizona
7714 E Butte Street Mesa 85207
CCBS
$289,000
Bedrooms: 3
Baths: 2
Sqft: 1,606
MLS: #6093898
Broker: Hague Partners
629 N Mesa Drive 28 Mesa 85201
UCB
$170,000
Bedrooms: 2
Baths: 2
Sqft: 945
MLS: #6048471
Broker: Homelogic Real Estate
548 E Garnet Avenue Mesa 85204
For Sale
$256,999
Bedrooms: 3
Baths: 2
Sqft: 1,920
MLS: #6067732
Broker: EMG Real Estate
1367 S Country Club Drive 1079 Mesa 85210
For Sale
$276,900
Bedrooms: 3
Baths: 2
Sqft: 1,492
MLS: #6099584
Broker: Bliss Realty & Investments
19115 E Superstition Court Queen Creek 85142
UCB
$299,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,757
MLS: #6097226
Broker: HomeSmart
5808 E Brown Road 111 Mesa 85205
For Sale
$229,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,291
MLS: #6097362
Broker: North & Co
530 S Alma School Road 70 Mesa 85210
For Sale
$64,900
Bedrooms: 2
Baths: 1.75
Sqft: 864
MLS: #6080670
Broker: Equity Arizona Real Estate
1825 W Ray Road 2107 Chandler 85224
UCB
$225,000
Bedrooms: 2
Baths: 2
Sqft: 897
MLS: #6093196
Broker: HomeSmart Lifestyles
1645 W Baseline Road 1157 Mesa 85202
UCB
$172,000
Bedrooms: 2
Baths: 2
Sqft: 1,000
MLS: #6099344
Broker: HomeSmart Lifestyles
1920 W Lindner Avenue 147 Mesa 85202
UCB
$180,000
Bedrooms: 2
Baths: 2
Sqft: 1,018
MLS: #6097836
Broker: Firebird Housing
9760 E Edgewood Avenue Mesa 85208
UCB
$190,000
Bedrooms: 2
Baths: 2
Sqft: 1,152
MLS: #6092080
Broker: Venture REI, LLC
4328 E Capri Avenue 207 Mesa 85206
New Listing
$159,000
Bedrooms: 2
Baths: 2
Sqft: 1,170
MLS: #6100222
Broker: Russ Lyon Sotheby's International Realty
7656 E Hampton Avenue Mesa 85209
For Sale
$158,000
Bedrooms: 2
Baths: 1.5
Sqft: 1,175
MLS: #6054780
Broker: HomeSmart
10 E Hermosa Drive Tempe 85282
UCB
$209,800
Bedrooms: 3
Baths: 1.5
Sqft: 1,408
MLS: #6074274
Broker: ACCS
5006 E Forge Avenue Mesa 85206
UCB
$239,000
Bedrooms: 2
Baths: 1.75
Sqft: 1,916
MLS: #6090440
Broker: Farnsworth Realty & Management Company
5136 E Evergreen Street 1065 Mesa 85205
UCB
$220,000
Bedrooms: 3
Baths: 2
Sqft: 1,110
MLS: #6098395
Broker: Keller Williams Realty Phoenix
7708 E Navarro Avenue Mesa 85209
For Sale
$259,900
Bedrooms: 2
Baths: 2
Sqft: 1,331
MLS: #6097040
Broker: Coldwell Banker Realty
8058 E Dulcet Court Mesa 85208
UCB
$300,000
Bedrooms: 2
Baths: 2
Sqft: 1,493
MLS: #6088447
Broker: HomeSmart
948 S Alma School Road 83 Mesa 85210
UCB
$145,000
Bedrooms: 2
Baths: 1
Sqft: 918
MLS: #6049391
Broker: My Home Group Real Estate
601 N May Avenue 17 Mesa 85201
UCB
$165,000
Bedrooms: 2
Baths: 1
Sqft: 805
MLS: #6099253
Broker: Realty ONE Group
544 N Alma School Road 37 Mesa 85201
For Sale
$290,000
Bedrooms: 3
Baths: 2.5
Sqft: 1,727
MLS: #6082618
Broker: North & Co
401 N 111th Street Mesa 85207
UCB
$215,000
Bedrooms: 2
Baths: 1
Sqft: 1,343
MLS: #6098767
Broker: Century 21 Arizona Foothills
1543 N Spruce Circle Mesa 85201
UCB
$300,000
Bedrooms: 5
Baths: 3
Sqft: 2,033
MLS: #6066924
Broker: TCB Realty
2565 W Gail Road Queen Creek 85142
For Sale
$220,000
Bedrooms: 3
Baths: 2
Sqft: 1,600
MLS: #6042717
Broker: Century 21 Arizona Foothills
22461 S 211th Way Queen Creek 85142
For Sale
$293,000
Bedrooms: 4
Baths: 3
Sqft: 2,244
MLS: #6094765
Broker: Conway Real Estate
7750 E Broadway Road 659 Mesa 85208
For Sale
$149,900
Bedrooms: 1
Baths: 1
Sqft: 608
MLS: #6090044
Broker: Keller Williams Integrity First
141 N Date Street 37 Mesa 85201
New Listing
$179,900
Bedrooms: 2
Baths: 1.75
Sqft: 1,080
MLS: #6100043
Broker: Offerpad
815 Leisure World -- Mesa 85206
For Sale
$237,500
Bedrooms: 2
Baths: 1.75
Sqft: 1,236
MLS: #6028549
Broker: Berkshire Hathaway HomeServices Arizona Properties
4100 S Pinelake Way Chandler 85248
For Sale
$277,490
Bedrooms: 2
Baths: 2
Sqft: 1,050
MLS: #6092827
Broker: Lennar Sales Corp
1944 W Devonshire Street Mesa 85201
For Sale
$257,900
Bedrooms: 3
Baths: 2
Sqft: 1,644
MLS: #6096431
Broker: Tierra Bella Realty
1120 N Val Vista Drive 18 Gilbert 85234
UCB
$235,000
Bedrooms: 2
Baths: 2
Sqft: 1,063
MLS: #6098942
Broker: Keller Williams Integrity First
540 N May Street 2125 Mesa 85201
For Sale
$170,900
Bedrooms: 2
Baths: 1
Sqft: 855
MLS: #6099158
Broker: My Home Group Real Estate
8133 E 6th Avenue Mesa 85208
For Sale
$200,000
Bedrooms: 3
Baths: 3
Sqft: 1,728
MLS: #6099752
Broker: R.O.I. Properties
264 N Washington Street Chandler 85225
UCB
$300,000
Bedrooms: 3
Baths: 2
Sqft: 1,448
MLS: #6053292
Broker: West USA Realty
