Wednesday, June 12, 2019

May 2019 Gilbert AZ Housing Market Trends Report

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May 2019 Gilbert AZ Housing Market Trends Report, Statistics and House Value

Here are May 2019 Gilbert AZ Housing Market Update for single family detached home. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Gilbert AZ provided by the FlexMLS system.

May 2019 Gilbert AZ Housing Market Trends Highlight:
  • New Listing had decreased about 2.2% from a year ago
  • May 2019 average sold price for single family home in Gilbert AZ was $386,249 that's about 4.1% appreciation from May 2018
  • Median Sold Price in May 2019 was $354,995 and had increased about 6.3% from a year ago
  • Almost all of single family homes sold in May 2019 are Traditional Sale
  • Most Expensive House Sold in Gilbert AZ in May 2019 was sold at $1,275,000

Gilbert AZ Housing Market Trends Report May 2019 by Swee Ng, Real Estate and House Value

You might be interested:
May 2019 Phoenix Housing Market Tends Report
May 2019 Ahwatukee Housing Market Tends Report
May 2019 Chandler Housing Market Tends Report
May 2019 Mesa Housing Market Tends Report
May 2019 Tempe Housing Market Tends Report

Number of Single Family Homes Sold in May 2019
Based on May 2019 statistic, we saw 586 single family homes sold in May 2019 in Gilbert AZ compare to 566 from a year ago. That is about 3.5% increased of single family home sold from last year.

The Days on Market (DOM) for May 2019 is 52 days, compare to 48 in May 2018. It took average about 52 days (Days on Market) to get your Gilbert AZ single family home sold in May 2019.


Gilbert AZ May 2019 Median Sold Price Analysis
Median sold price for May 2019 in Gilbert AZ is $354,995. The median sold price in May 2018 was $334,000. Compare to a year ago, that's about 6.3% increased from May 2018.

May 2019 Median Sold Price in Gilbert was $354,995
View Homes for Sale in Gilbert Under $325,000

May 2019 Gilbert AZ Average Sold Price Analysis
Average sold price for Gilbert AZ single family homes in May 2019 was $386,249 compare to $370,956 a year ago. The average sold price had increased about 4.1% from May 2018.

There are three millions dollar listings homes sold in May 2018.

May 2019 Average Sold Price in Gilbert was $386,249
View Homes for Sale in Gilbert Under $375,000

May 2019 Average Price Per Square Feet Gilbert AZ
May 2019 average sold price per square feet for single family homes in Gilbert is $167.00 per square feet.

Average price per square feet in Gilbert is $167
View Homes for Sale in Gilbert Under $150 per square feet

The statistic indicate that buyers are paying slightly more for a home compare to 1 year ago.

May 2019 Housing Market Report by Gilbert AZ zipcode
Gilbert AZ Zipcode Median Sold Price Average Sold Price
Gilbert AZ 85233 $327,000 $338,973
Gilbert AZ 85234 $338,000 $364,374
Gilbert AZ 85295 $352,466 $393,381
Gilbert AZ 85296 $336,000 $377,894
Gilbert AZ 85297 $345,000 $406,254
Gilbert AZ 85298 $399,949 $418,341

Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zipcode to zipcode and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

If you are considering buying a home in Gilbert there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Gilbert AZ with a low down payment.

Selling your home in Gilbert AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Gilbert AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What my Gilbert AZ Homes is worth?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

New Listing in Last 24 Hours Gilbert AZ
Contact Swee Ng, Chandler Real Estate Agent, Realtor in Chandler AZ

Upcoming Open House in Gilbert

Homes for Sale by Gilbert AZ zipcode:
Gilbert AZ 85233 Homes for Sale
Gilbert AZ 85234 Homes for Sale
Gilbert AZ 85295 Homes for Sale
Gilbert AZ 85296 Homes for Sale
Gilbert AZ 85297 Homes for Sale
Gilbert AZ 85298 Homes for Sale

Gilbert AZ Homes for Sale by Price Range:
Gilbert Real Estate Listing & Homes for Sale Under $200,000
Gilbert Real Estate Listing & Homes for Sale $200,000 – $300,000
Gilbert Real Estate Listing & Homes for Sale $300,000 – $400,000
Gilbert Real Estate Listing & Homes for Sale $400,000 – $500,000
Gilbert Real Estate Listing & Homes for Sale $500,000 – $600,000
Gilbert Real Estate Listing & Homes for Sale $600,000 – $700,000
Gilbert Real Estate Listing & Homes for Sale $700,000 – $800,000
Gilbert Real Estate Listing & Homes for Sale $800,000 – $900,000
Gilbert Real Estate Listing & Homes for Sale $900,000 – $1,000,000
Gilbert Real Estate Listing & Homes for Sale Over $1,000,000

Search and view your dream home your way
Receive email alert as soon as a Gilbert property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Search your dream home now

May 2019 Chandler AZ Housing Market Trends Report

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May 2019 Chandler AZ Housing Market Trends Report, Statistics and House Value

Here are May 2019 Chandler AZ Housing Market Update for Single Family Home. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Chandler AZ provided by the FlexMLS system.

May 2019 Chandler AZ Housing Market Trends Report Update Highlight
  • New listing had increased about 3.2% compare from May 2018
  • May 2019 average sold price for single family home in Chandler was $385,266, that is about 2.4% increased from a year ago
  • Median sold price in May was $350,000, that is about 3.9% increased from May 2018
  • Almost all of Single Family Homes sold in May 2019 are Traditional Sale
  • Most expensive home sold in May 2019 Chandler AZ was sold for $1,350,000

Chandler AZ Housing Market Update May 2019 by Swee Ng, House Value and Real Estate Listings

You might be interested:
May 2019 Phoenix Housing Market Tends Report
May 2019 Ahwatukee Housing Market Tends Report
May 2019 Gilbert Housing Market Tends Report
May 2019 Mesa Housing Market Tends Report
May 2019 Tempe Housing Market Tends Report

May 2019 Chandler AZ Closed Sales Report Analysis
Based May 2019 statistic, we saw 438 single family homes sold in Chandler AZ compare to 465 in May 2018. That is about 5.8% decreased from a year ago.

The Days on Market (DOM) in May 2018 was 54 days compare to 42 days in May 2018. It average took only 54 days to get a single family home in Chandler AZ sold in May 2019.


Chandler AZ May 2019 Median Sold Price Analysis
May 2019 median sold price for single family homes in Chandler AZ was $350,000. Median sold price in May 2018 was $337,000. Compare to a year ago, that is about 3.9% increased from May 2018.

May 2019 Chandler Median Sold Price was $350,000
Click here to View Homes for Sale in Chandler Under $325,000

2019 May Chandler AZ Average Sold Price Analysis
Average sold price for single family homes in May 2019 was $385,266. Compare to last year, average sold price was $376,070. The average sold price had increased about 2.4% from May 2018.

May 2019 Chandler Average Sold Price was $385,266
Click here to View Homes for Sale in Chandler Under $375,000


There are four million million dollars homes listing sold in May 2018 in Chandler AZ.

2019 May Average Sold Price Per SQFT
The average price per square feet for single family home in Chandler in May 2019 is $178 per square feet.

May 2019 average Sold Price per square feet was $178
Click here to View Homes for Sale in Chandler Under $150 per square feet

May 2019 Housing Market Report by Chandler AZ zipcode
Chandler AZ Zipcode Median Sold Price Average Sold Price
Chandler AZ 85224 $299,900 $307,880
Chandler AZ 85225 $287,390 $298,390
Chandler AZ 85226 $318,750 $342,537
Chandler AZ 85248 $469,900 $486,827
Chandler AZ 85249 $413,750 $434,006
Chandler AZ 85286 $389,500 $407,772

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

If you are considering buying a home in Chandler there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Chandler AZ with a low down payment.

Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling your home in Chandler AZ
> Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Chandler AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What my Chandler AZ Homes is Worth?

Swee Ng, Realtor in Phoenix East Valley specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.If you are looking to buy or sell your home in Chandler or surrounding area, I would the the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.

New Listing in Last 24 Hours Chandler AZ
Open House in Chandler

Chandler AZ Homes for Sale by zipcode:
Real Estate Listings & Homes for Sale Chandler AZ 85224
Real Estate Listings & Homes for Sale Chandler AZ 85225
Real Estate Listings & Homes for Sale Chandler AZ 85226
Real Estate Listings & Homes for Sale Chandler AZ 85248
Real Estate Listings & Homes for Sale Chandler AZ 85249
Real Estate Listings & Homes for Sale Chandler AZ 85286

Chandler AZ Homes for Sale by Price Range:
Homes for Sale Under $200,000 Chandler AZ
Homes for Sale $200,000 – $300,000 Chandler AZ
Homes for Sale $300,000 – $400,000 Chandler AZ
Homes for Sale $400,000 – $500,000 Chandler AZ
Homes for Sale $500,000 – $600,000 Chandler AZ
Homes for Sale $600,000 – $700,000 Chandler AZ
Homes for Sale $700,000 – $800,000 Chandler AZ
Homes for Sale $800,000 – $900,000 Chandler AZ
Homes for Sale $900,000 – $1,000,000 Chandler AZ
Homes for Sale Over $1,000,000 Chandler AZ

Contact Swee Ng, Chandler Real Estate Agent, Realtor in Chandler AZ

Search and view your dream home your way
Receive email alert as soon as a Chandler property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Search your dream home now

May 2019 Ahwatukee Housing Market Trends Report

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May 2019 Ahwatukee Housing Market Trends Report, Statistics and House Value

Here are May 2019 Ahwatukee Housing Market Update for single family homes. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Ahwatukee provided by the FlexMLS system.

May 2019 Ahwatukee Housing Market Update Highlight
  • May 2019 new listing had decreased about 3.1% from a year ago
  • Median sold price for single family homes in May 2019 was $335,000, which had  decreased about 1.6% from last May
  • Ahwatukee May 2019 average sold price for single family home was $383,068, which had appreciated about 4.5% from a year ago
  • Almost all of single family homes sold in May 2019 are Traditional Sale
  • Most expansive home sold in May 2019 was sold at $1,265,000

May 2019 Ahwatukee Housing Market Update, House Value, Real Estate and Statistic by Swee Ng

You might be interested:
May 2019 Phoenix Housing Market Tends Report
May 2019 Chandler Housing Market Tends Report
May 2019 Gilbert Housing Market Tends Report
May 2019 Mesa Housing Market Tends Report
May 2019 Tempe Housing Market Tends Report

Number of Homes Sold in Ahwatukee May 2019
May 2019 statistics show that we had 158 single family homes sold. Compare to last year May 172, there is about 8.1% decreased of number of single family home sold from a year ago.

It took average about 51 days (Days on Market) to get your Ahwatukee single family home sold in May 2019, compare to 59 days in May of last year.


May 2019 Ahwatukee Median Sold Price Analysis
Median sold price for single family homes in Ahwatukee in May 2019 was $335,000. Compare to last May median sold price at $340,500, the median sold price decreased about 1.6% from a year ago.

May 2019 Median Sold Price in Ahwatukee was $335,000
Click here to view Homes for Sale Under $325,000

Ahwatukee Average Sold Price Analysis in May 2019
May 2019 average sold price for single family homes in Ahwatukee is $383,068. Compare to last year May average sold was $366,435, the average sold price had increased about 4.5% from a year ago.

There are two million dollars homes sold in Ahwatukee in May 2019.

May 2019 Average Sold Price in Ahwatukee was $383,068
Click here to view Homes for Sale Under $375,000

Ahwatukee Average Sold Price Per SQFT
The average sold price per square feet for single family home in Ahwatukee in May 2019 is $180.00 per square feet.

May 2019 Average Sold Price per square feet in Ahwatukee was $180
Click here to view Homes for Sale Under $150 per square feet

May 2019 Housing Market Update by Ahwatukee zipcode
Ahwatukee Zipcode Median Sold Price Average Sold Price
Ahwatukee 85044 $307,000 $348,680
Ahwatukee 85045 $359,700 $390,847
Ahwatukee 85048 $389,000 $425,761

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

If you are considering buying a home in Ahwatukee there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.

Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling your home in Ahwatukee Phoenix Arizona
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Ahwatukee Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Home in Ahwatukee is Worth Today?

New Listing Homes for Sale Ahwatukee

Contact Swee Ng, Ahwatukee Real Estate Agent, Realtor in Ahwatukee

Upcoming Open House in Ahwatukee

Ahwatukee Homes for Sale by Price Range
Homes for Sale Under $200,000 Ahwatukee AZ
Homes for Sale $200,000 – $300,000 Ahwatukee AZ
Homes for Sale $300,000 – $400,000 Ahwatukee AZ
Homes for Sale $400,000 – $500,000 Ahwatukee AZ
Homes for Sale $500,000 – $600,000 Ahwatukee AZ
Homes for Sale $600,000 – $700,000 Ahwatukee AZ
Homes for Sale $700,000 – $800,000 Ahwatukee AZ
Homes for Sale $800,000 – $900,000 Ahwatukee AZ
Homes for Sale $900,000 – $1,000,000 Ahwatukee AZ
Homes for Sale Over $1,000,000 Ahwatukee AZ

Swee Ng, Realtor in Phoenix East Valley specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams. If you are looking to buy or sell your home in Ahwatukee area, I would like the opportunity to be interviewed for the job. I hope that you will put my experience, knowledge, service and professionalism to work for you.

Search and view your dream home your way
Receive email alert as soon as a Ahwatukee property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Search your dream home now

May 2019 Phoenix AZ Real Estate Market Trends Report

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May 2019 Phoenix AZ Real Estate Market Trends Report, Statistics and House Value

Here are May 2019 Phoenix AZ Housing Update for Single Family Home and statistics. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix AZ provided by the FlexMLS system.

May 2019 Phoenix AZ Housing Market Trends Highlight
  • New Listing had increased about 0.8% compare to May 2018
  • May 2019 average sold price for single family home in Phoenix AZ was $339,413, that is about 1.1% increased from a year ago
  • Median sold price in May 2019 was $279,700, which had appreciate about 2.1% from May 2018
  • About 99% of single family homes sold in May 2019 are traditional sale
  • Most expensive homes sold in May 2019 was sold for $3,875,000

May 2019 Phoenix AZ Housing Update, Statistics and House Value by Swee Ng

You might be interested:
May 2019 Ahwatukee Housing Market Tends Report
May 2019 Chandler Housing Market Tends Report
May 2019 Gilbert Housing Market Tends Report
May 2019 Mesa Housing Market Tends Report
May 2019 Tempe Housing Market Tends Report

Number of Homes Sold in Phoenix AZ in May 2019
Based on May 2019 statistic, we saw 1,854 single family homes sold in Phoenix AZ compare to 1,782 of last May. That is about 4.0% increased of single family home sold in Phoenix compare to a year ago.

In May 2019, we saw 63 days on Market (DOM), compare to 58 in May 2018. It took average about 63 days to sell your home in Phoenix in May 2019.


Median Sold Price for Single Family Homes Sold in May 2019
The median sold price for single family home in Phoenix AZ sold in May 2019 was $279,700. Compare to last year, median sold price in May 2018 was $274,000. The median sold price for single family home in Phoenix has increased about 2.1% from a year ago.

May 2019 Median Sold Price in Phoenix was $279,700
Click here to view Homes for Sale Under $250,000 in Phoenix AZ

2019 May Average Sold Price of Single Family Homes Sold in Phoenix AZ
May 2019 average sold price for single family home in Phoenix AZ was $339,413. Compare to last year May at $335,824, the average sold price has increased about 1.1% from a year ago.

May 2019 Average Sold Price in Phoenix was $339,413
Click here to view Homes for Sale Under $325,000 in Phoenix AZ

There are 28 million dollar listings homes sold in May 2019.

2019 May Average Sold Price Per SQFT
The average sold price per square feet for single family home in May 2019 was $174.00 per square feet.

Average sold price per square feet in May 2019 was $174 per square feet
Click here to view Homes for Sale in Phoenix Under $150 per square feet

Based on the median sold price and average sold price statistic, buyer is paying more when buying single family home in Phoenix compare to one year ago.

Also Read: How rising interest rates will impact housing affordability?

Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zipcode to zipcode and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

If you are considering buying a home in Phoenix there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.

Contact or call me at 480.721.6253 if you’re interested in knowing what your Phoenix home is worth in today’s real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.

Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.

Wondering how much house I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling your home in Phoenix Arizona
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What my Phoenix AZ House is worth?

New Listing in Last 24 Hours Phoenix AZ

Phoenix AZ Real Estate Listings and Homes for Sale by Price Range:
Homes Under $200,000
Homes $200,000 - $300,000
Homes $300,000 - $400,000
Homes $400,000 - $500,000
Homes $500,000 - $600,000
Homes $600,000 - $700,000
Homes $700,000 - $800,000
Homes $800,000 - $900,000
Homes $900,000 - $1,000,000
Homes $1,000,000 - $2,000,000
Homes Over $2,000,000

Contact Swee Ng, Phoenix Real Estate Agent, Realtor in Phoenix AZ

Search and view your dream home your way
Receive email alert as soon as a Phoenix property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Search your dream home now

Tuesday, May 21, 2019

Don't Make These Mistakes When Buying a House

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Don't make these mistakes when buying a house

The rules of real estate are always changing. On the one hand, affordability is hovering at an all-time high and interest rates remain low. The bad news? Lending practices are tighter and creative financing is, well, a little less creative due to strict regulations. Still, buyer power for those looking to purchase a home is incredible, and there are some great opportunities in this market. If you’re looking to get into a home soon, be sure you know the mistakes and don't make these mistakes when buying a home. Here are the top seven:

Don't Make These Mistakes When Buying a Home

Mistake #1: Holding onto your home
Before you begin the home search process, sell the one your in. Chances are it’s going to take longer than you expect to find a buyer because of the current market conditions and stricter lending practices. The last thing you want is the added financial responsibility of carrying a second mortgage while you try to sell your current home.

Mistake #2: Not addressing your credit score
Stand around the real estate water cooler and you’ll hear one thing: Credit markets and lending practices are tighter than ever. This means you must have an excellent credit score to secure financing at a low interest rate. You’re entitled to pull your credit score at no cost to you. Request yours, and then take the necessary steps to fix any lingering issues that could affect your ability to secure financing.

You might be interested: What Credit Score is Needed to Buy a House?

Mistake #3: Skipping the pre-qualification and pre-approval processes
One of the biggest mistakes buyers make is not knowing how much they can afford. By getting pre-qualified AND pre-approved you walk into the home search journey knowing the exact amount of money you can spend. This narrows your search, lessening the time it takes to find a home that fits your individual needs, while giving you more time to spend in the homes that could potentially be yours. Pre-approval also gives you big buying power during the negotiating process since sellers can’t reject your offer based on unavailable financing. The bottom line: Once you have your credit in check, talk to your trusted lender to get pre-qualified AND pre-approved.

Also read: Why is it important to have pre-qualification?

Mistake #4: Not knowing when to stay and when to walk away
It’s worth repeating: buyers have more power than ever during the negotiating process. Don’t be afraid to make a low offer on the home. That being said, don’t make the mistake of walking away because of a few thousand dollars. Think about it this way: a few thousand dollars could translate to less than $100 a month on your mortgage.

Mistake #5: Not knowing the total costs involved
Some buyers, especially first-timers, aren't entirely aware of the costs associated with buying a home. These include: closing costs, title insurance, and lawyer fees as well as ongoing costs such as property taxes, homeowners" association dues, utilities, and yard maintenance. When you first begin shopping for a home, always ask your real estate agent and mortgage representative to provide you with an estimate of the additional closing costs so that you can work them into your budget.

Also read: How Much Cash Do I Need To Buy A House in Arizona?

Mistake #6: Signing contracts with contingencies
This is a critical mistake that could end up costing you big bucks. For example, avoid signing any contracts that allow the seller to stay in the home for an extended period of time. Why? Depending on how long they stay, you run the risk of losing your expected interest rate. Or worse, the deal falls through the cracks and you’re back at square one. Bottom line: have your real estate agent review the contract and explain any and all contingencies so that you understand what you’re getting into.

You may ask: What is a Contingency when Buying a Home in Phoenix?

Mistake #7: Not purchasing a home protection plan
You never know what problems will arise once you purchase the home. Not protecting one of the most important purchases you will ever make is a huge mistake, and can be extremely costly when the problems are big. Be sure to purchase a home protection plan. This is essentially an insurance policy that usually lasts one year from the date of sale. It typically covers basic repairs you may encounter and can be purchased for a nominal fee. Talk to your agent to help you find the protection plan you need.

Read: What You Need To Know About Home Warranty?

The best way to avoid any and all of these big buyer mistakes is to work with a professional real estate agent. If you’re looking to buy in the near future, give me a call. I’ll walk you through every step of the home buying process so you have the most positive buying experience possible.

Originally posted on Don’t Make These Mistakes When Buying a Home

New Listing in Last 24 hour Phoenix AZ
Search and view your dream home your way
Receive email alert as soon as a Phoenix property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Search your dream home now

April 2019 Phoenix East Valley Housing Market Update

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April 2019 Phoenix East Valley Real Estate Market Update, Statistics and House Value

Here are April 2019 Phoenix East Valley market trends report and statistics for single family home. Be sure to contact us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix East Valley (Ahwatukee, Chandler, Gilbert, Mesa and Tempe) provided by the FlexMLS system.

April 2019 Phoenix East Valley Housing Market Trends Report Median Sold Price for Single Family Home by Swee Ng

April 2019 Median Sold Price for Single Family Home
April 2018 April 2019 % Difference
Phoenix $258,020 $270,000 +4.6%
Ahwatukee $342,000 $360,000 +5.3%
Chandler $325,000 $337,500 +3.8%
Gilbert $329,000 $335,000 +1.8%
Mesa $265,000 $280,000 +5.7%
Tempe $310,000 $335,885 +8.4%

April 2019 Phoenix East Valley Housing Market Trends Report Average Sold Price for Single Family Home by Swee Ng

April 2019 Average Sold Price for Single Family Home
April 2018 April 2019 % Difference
Phoenix $314,526 $335,960 +6.8%
Ahwatukee $389,867 $427,460 +9.6%
Chandler $369,422 $388,467 +5.2%
Gilbert $367,071 $376,200 +2.5%
Mesa $305,874 $322,668 +5.5%
Tempe $362,344 $367,250 +1.4%

You might be interested:
April 2019 Phoenix Housing Market Tends Report
April 2019 Ahwatukee Housing Market Tends Report
April 2019 Chandler Housing Market Tends Report
April 2019 Gilbert Housing Market Tends Report
April 2019 Mesa Housing Market Tends Report
April 2019 Tempe Housing Market Tends Report


Wondering how much house you can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling your home in Phoenix East Valley
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix East Valley House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.

What My Home in Phoenix East Valley is Worth Today?

New Listings Homes for Sale Phoenix East Valley


Contact Swee Ng, Phoenix East Valley Real Estate Agent, Realtor in Phoenix East Valley

Search and view your dream home your way Receive email alert as soon as a Phoenix East Valley property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

Search your dream home now

April 2019 Tempe AZ Real Estate Market Update

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April 2019 Tempe AZ Real Estate Housing Market Update, Statistics and House Value

Here are Tempe AZ housing market trends report and statistics for single family detached home for April 2019. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Tempe AZ provided by the FlexMLS system.

April 2019 Tempe AZ Housing Market Trends Report Highlights
  • April 2019 new listing for homes for sale had decreased about 22.1% from a year ago
  • April 2019 Average Sold Price for Single Family Home in Tempe is $367,250 and had increased about 1.4% from April 2018
  • Median Sold Price in April 2019 was $335,885, which had increased about 8.4% from a year ago
  • About 99% of single family home sold in Tempe in April 2019 are traditional sales
  • April 2019 most expansive home sold in Tempe was sold for $1,425,000
April 2019 Tempe AZ Housing Market Update by Swee Ng, Real Estate and House Value

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Tempe AZ April 2019 Closed Sales Report Analysis
Based on statistics, we saw about 5.2% increased in the number of single family homes sold in April 2019 compared to a year ago. The statistics show that we had 142 single family homes sold in April 2019 in Tempe AZ compared to 135 in April 2018.

In April 2019, we saw 56 days on Market (DOM), compare to 53 in April 2018. It took average 56 days to get your Tempe home sold in April 2018.


April 2019 Tempe Median Sold Price for Single Family Homes
April 2019 median sold price for single family home in Tempe is $335,885. Compare to a year ago, April 2018 median sold price was $310,000. The median sold price for single family home in Tempe had appreciated about 5.7% from a year ago.

April 2019 Tempe Median Sold Price was $335,885
Click here to view Homes for Sale in Tempe AZ Under $315,000

Tempe AZ April 2019 Average Sold Price Analysis
April 2019 average sold price for single family homes in Tempe AZ is $367,250. Compare to last year April at $362,344, the average sold price has increased about 1.4% from a year ago.

April 2019 Tempe Average Sold Price was $367,250
Click here to view Homes for Sale in Tempe AZ Under $325,000

April 2018 Average Sold Price Per Square Feet
The price per square feet for April 2019 in Tempe is $186.00 per square feet.

April 2019 Tempe Average Sold Price per square feet was $186
Click here to view Homes for Sale in Tempe AZ Under $150 per square feet

Understanding the general direction of the Tempe AZ housing market conditions and home prices is vital importance to both buyers and sellers. These information help you make a more informed decision when buying or selling a home in Tempe AZ.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

Did You Know?" A 1% increase in interest rates, can reduce buying power almost to 10%!!Read How rising interest rates will impact housing affordability?

April 2019 Housing Market Update by Tempe zipcode
Tempe AZ Zipcode Median Sold Price Average Sold Price
Tempe AZ 85281 $321,000 $314,201
Tempe AZ 85282 $309,500 $320,664
Tempe AZ 85283 $339,450 $380,351
Tempe AZ 85284 $412,500 $498,510

Wondering how much house you can afford?
Click here to access housing mortgage payment calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

Selling Your Home in Tempe AZ
Contact or call Swee Ng at 480.721.6253 today to discuss your potential Tempe AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today's market.

What My Tempe House is Worth Today?

Swee Ng, Realtor and Phoenix East Valley resident specializing in win-win real estate transaction through great communication and fighting for his clients' best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact us today for complimentary consultation.

New Listings in Last 24 Hours Tempe AZ

Contact Swee Ng, Tempe Real Estate Agent, Realtor in Tempe AZ


Open House Tempe AZ

Homes for Sale in Tempe AZ by Price Range:
Homes for Sale Under $200,000
Homes for Sale $200,000 – $300,000
Homes for Sale $300,000 – $400,000
Homes for Sale $400,000 – $500,000
Luxury Homes for Sale $500,000 – $600,000
Homes for Sale $600,000 – $700,000
Homes for Sale $700,000 – $800,000
Homes for Sale $800,000 – $900,000
Homes for Sale $900,000 – $1,000,000
Homes for Sale Over $1,000,000

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