Weekend Warrior | June 28-June 30
Happy (almost) 4th of July, Weekend Warriors!
As the fireworks crackle with anticipation and the smell of barbecue fills the air, the Arizona real estate market continues to sizzle! This week's newsletter brings you the hottest properties on the market, perfect for those seeking their own slice of the Grand Canyon State dream and a bunch of fun things to do this weekend as the temps heat up and the pools are calling our name!
Whether you're a buyer looking for your own private swimming hole or a seller ditching the resort backyard for community amenities, we've got you covered this Summer. With more inventory to choose from, we're started to see people finally take advantage of a market that doesn't make the headlines - but is at the top of the list for opportunity.
Now, before you grab your iced tea and start scrolling, where will YOU be for the Fourth of July holiday? If you aren't headed out of town we could really use a few more volunteers at our volunteer event on July 3rd at Adams Elementary. Listen to the market update, catch some of our recent sales, and then find yourself to the pretty picture of blue skies and flip flops below, and join us next week as we bring water day to the kids!
🗓️ Market Update June 2024 🗓️
Pricing is Stable and Concessions are on the Rise
Each month about this time we look back at the previous month, analyze how pricing has behaved and report on how well our forecasting techniques performed. We also give a forecast for how pricing will move over the next month.
For the monthly period ending June 15, we are currently recording a sales $/SF of $297.69 averaged for all areas and types across the valley. On June 15 the pending listings for all areas & types show an average list $/SF of $330.94, down 0.4% from the reading for May 15. Among those pending listings we have 99.1% normal, 0.2% in REOs and 0.7% in short sales and pre-foreclosures. This reflects the continued low level of foreclosure activity, with fewer than 1% of pending listings in some form of distress - due to that big ol' chunk of equity most people are sitting on.
Our mid-point forecast for the average monthly sales $/SF on July 15 is $296.49, which down 0.4% from the June 15 reading. We have a 90% confidence that it will fall within ± 2% of this mid point, i.e. in the range $290.56 to $302.42. In other words we are expecting stability in pricing with a slight tendency towards weakness, so...
Buyers, listen up! Mortgage rates have decreased making housing more affordable with increased negotiating power, especially in the mid-range market. And sellers, don't worry - prices aren't falling but if you've been sitting around waiting for another waive of appreciation like we saw a few years ago - don't hold your breath. Despite rising supply, well-presented homes are still sought after even though sellers must adjust expectations on pricing and time on market. I know I've said it before, but this market really might have a little something for everyone - even you!
Let's Chat! Find a time that works for you and your family!
In a digital world, it's nice to connect in person. Our team of full time real estate agents (and mommas!) are here to answer your questions and chances are, if you have them - we've had them to! The local Arizona real estate market can be tricky if all you've got to go off of is click bait and old news - we've got the most current stats and can share with you exactly what our clients are seeing...
🔥 SOLD IN A DAY 🔥
Moving to the East Valley soon?
In partnership with East Valley Moms, we've released the East Valley Relocation Guide just for you! With tips for new moms, where to take your kiddos for swim lessons and more - you are not going to want to miss this guide! Download your copy below or message us for details on how to get a hard copy!
🙏 VOLUNTEER OPPORTUNITIES 🙏
Water Day with ICAN Positive Programs
The Amy Jones Group is volunteering for Water Day with our friends over at ICAN Positive Programs for Youth and we'd love for you to join in on the fun with us! We'll be supplying treats from our nonprofit organization Community on Purpose and volunteers will get the chance to play some outdoor water games with the kids over at Adams Elementary in Mesa. Spaces are limited so reserve yours today - and don't forget to bring the sunscreen. RSVP HERE to snag your spot!
Community Bridges Back to School Event
Every child deserves a backpack filled with the supplies they need for a successful school year. The Amy Jones Group and Community on Purpose are currently collecting backpacks, pencils, pens, scissors, pencil pouches, crayons, markers, highlighters, multi-color folders, water and gift cards for purchasing additional school supplies in partnership with Mesa Prevention Alliance and Community Bridges for their annual Back 2 School event this summer.
This event not only helps bring Mesa families free backpacks stuffed with school supplies and resources to ensure youth, parents, and guardians are prepared for the start of the new school year, but it also will connect them with resources and support within the community.
For more information on donating supplies, running a drive in your community, or scheduling a pickup of your donations (our agents are always on the go!), send us an email at [email protected]!
FREE: Water Safety Coloring Book
We just printed these super fun summer water safety coloring books for our client's kiddos and they are such a hit! If you are looking for something fun to share with your kids this summer, message us for your free copy - we'd love to get one to you!
🔥 NEW PRICE 🔥
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East Valley Moms + Amy Jones Group
4th of July Celebrations In and Around the East Valley
Fourth of July events for families across Phoenix and Arizona offer something for every family’s preference.
We’ve rounded up free July 4th celebrations, ticketed ones with special activities and of course, the ones in northern Arizona that give small town American vibes (and cooler temperatures).
EAST VALLEY MOMS & THE AMY JONES GROUP TRANSPLANT GUIDE
Motherhood is challenging enough in your hometown where you’re comfortable and have a great support system. Add in moving across the country, and it’s a whole new daunting challenge. First, welcome to the East Valley—we hope you fall in love with the lifestyle here that’s family-focused. Whether you’re from the Pacific Northwest, the East coast, or the Bible belt, welcome to your new home, our home state, Arizona. We hope this serves as a starting point to help you navigate the East Valley whether you’re still considering a move here, or if you’ve just unloaded the moving van and are already tired of being told about our “dry heat.”
The East Valley's Best Public Pools for Kids
Even if you’ve got a backyard pool, the scenery of your own home can get boring with daily dips in the pool.
Stroller Walks in the Summer
My favorite thing to do with my kids is simply go for a walk. Strolling to our local park every single morning and evening is the best way to break up our day. It became so much of my everyday routine that in November, I decided to start a mom walk group called, “Let’s Stroll.”
More East Valley Moms!
East Valley Moms is a hyperlocal, digital media platform to connect local parents with local resources and storytelling to inspire a more connected, joyful parenting journey across Mesa, Gilbert, Tempe, Chandler, Apache Junction and Queen Creek.
Weekend Events
Chandler Events This Weekend
Whether you’re into live music, outdoor recreation, family-friendly entertainment, performing arts and cultural events, or sporting events, there's plenty of things to do in Chandler this weekend. Stay another day and disconnect with a visit to top attractions and weekend events in and around the Chandler area. There's plenty to do here in Chandler. Find more ideas on our Things to Do page.
Mesa Events This Weekend
During the day, browse artisan vendors and local purveyors at pop-up farmers’ markets — such as the Downtown Mesa Farmers’ Market held every Saturday — or savor the global flavors of Mesa’s dynamic culinary scene at a street fair or food festival. In the evening, laugh it up with friends and family during an improv act at the Neighborhood Comedy Theatre, settle in for a stage production at the Hale Centre Theatre, or listen to live music at a local bar, craft brewery or concert hall.
Gilbert Events This Weekend
Gilbert is central to many of Arizona’s scenic attractions. Northeast lies the Superstition Mountains, the location of the legendary Lost Dutchman’s Gold Mine, as well as the Tonto National Forest which contains scenery ranging from rugged desert to cool pines. South lies Saguaro National Park...
Queen Creek Events This Weekend
There is always something happening in Queen Creek from Founder's Day to Garlic Week at the Olive Mill to the Holiday Festival and Parade to the Ice Cream Social - there are fun activities for everyone ALL year long!
🏡 Know Your Home Value 🏡
Know how much your home is worth (it's free!)
Looking to make a move but not sure where to start? Let's take a look at your equity and figure out...
😲 In Case You Missed It!
Optimize Your Vacation Home Investment in Arizona
When the temperatures rise and the days stretch longer, the allure of finding a summer retreat in The Valley's vibrant real estate market hits its peak. With the unique dynamics at play, investing in a vacation property during these sunny months carries its own set of considerations. If you're pondering whether summer is the golden opportunity to secure your slice of paradise or a time to proceed with caution, let's navigate the perks and challenges of buying a vacation home this season.
Everything You Need to Know About Home Appraisals
Selling your home is a significant milestone, and understanding the appraisal process is crucial to ensure a smooth transaction. This blog post will guide you through the essentials of home appraisals, helping you prepare and maximize your property's value.
Six Ideas For Your Outdoor Entertaining Areas
As the Valley basks in the glow of sun-filled days and balmy evenings (thanks monsoon!), the allure of outdoor living is still irresistible. Envision hosting vibrant barbecues, intimate gatherings under the stars, or enjoying a tranquil retreat in your backyard oasis. Beyond leisure and pleasure, a thoughtfully designed outdoor space significantly boosts your home's appeal and value.
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