One of the most common questions we get from Phoenix sellers is, "What are home values doing?" Today, we are going to answer that question. First, let's look at the average sales price in the suburbs around Phoenix, and where they have gone in the last 3+ years.In 2011, the average sale prices in these Phoenix suburbs were:Chandler: $178,000Glendale: $110,000Tempe: $309,000Paradise Valley: $1,114,000As you may already now, home values have increased a lot in 3 short years. Here are the current average sales prices for these neighborhoods, as of December 2014.Chandler: $265,000Glendale: $182,000Tempe: $371,000Paradise Valley: $1,065,000As you can see, nearly every market has seen exponential growth in home values in the last 3 years with the exception of Paradise Valley. Luxury markets like Paradise Valley tend to not follow the same trends as your average real estate market. So, where are home values headed in 2015? If we look at national projections, homes are going to continue to appreciate in 2015 and 2016 by 3.7% and 3.2%, respectfully. Phoenix will see appreciation anywhere from 3-5% in the next 2 years, which is a very healthy number. If you have any questions for us, don't hesitate to give us a call. We would be glad to send you a market report specific to your neighborhood so you can get an even better idea of what your home is worth. 

A lot of clients here in Phoenix have been wondering what the most damaging mistake is when they go to sell their home. Is it not hiring a professional stager? Is it a failure to negotiate properly? It's neither of those things. We have found that the most lethal mistake in a home sale is thinking that there is a set selling price for a particular home.  One way to sell a home is to price it low and have a buyer purchase it right away. Another way is to expose it to different groups of buyers who will be willing to bid for the home if they find a great value in it. This way of selling takes more effort, but also bring better results.  Every good agent knows that pricing a home correctly involves research, comparison, and a knowledge of your local real estate market. Our team prefers to sell homes by driving traffic to a reasonably priced property, and this way we get buyers to bid up the price of the home incrementally.  Simply hoping for a good sale price is not a good strategy to sell your home. We don't just sit back and let buyers come to your home, we find them and lead them directly to it. We utilize a 168-point checklist to ensure your home is marketed well and is given the best chance possible to sell for a great price.  If you're interested in selling your home for more money here in Phoenix, please contact us. We would be very glad to assist you!