Welcome Back, Weekend Warriors!
This is the Amy Jones Group's weekly newsletter, detailing local events, recent real estate news, and open houses.
This week, we're bringing you four fun-filled events happening around the Valley!
For the monthly period ending July 15, we are currently recording a sales $/SF of $185.57 averaged for all areas and types across the ARMLS database. This is up 2.6% from the $180.80 we now measure for June 15. Our forecast range mid-point was $185.02, with a 90% confidence range of $181.32 to $188.72. The actual result was within 55 cents of the mid-point forecast. In other words, closed prices turned out to be very slightly stronger than we anticipated.
On July 15 the pending listings for all areas & types show an average list $/SF of $193.48, up 2.6% from the reading for June 15. Among those pending listings we have 98.5% normal, 0.9% in REOs and 0.6% in short sales and pre-foreclosures. These are little changed from the percentages we recorded last month.
Our mid-point forecast for the average monthly sales $/SF on August 15 is $190.30, which is 2.6% above the July 15 reading. We have a 90% confidence that it will fall within ± 2% of this mid point, i.e. in the range $186.49 to $194.11.
Over the next month we expect to see a similar large increase as we saw over the last month. with far more luxury homes in the sales mix and prices accelerating again in the ranges under $600,000 where supply is even lower than in June. This means that home price appreciation is currently an order of magnitude higher than general retail price inflation.
Wine & Design - Queen Creek
Saturday, August 1st at 7:00 AM
June – September
Saturdays from 7 – 10: 30 a.m.
Chunky Blanket Workshop! Ticket price includes supplies and instruction to make a chunky chenille blanket approximately 50”X50". Perfect for snuggling up during winter on a chilly night. Colors vary based on availability. Ages 16+.
Pre-registration required. Register here: https://www.wineanddesign.com/calendar/queencreek-az/event/chunky-blanket-workshop--10-am
Limited availability. This is a SPECIALTY class (Coupons not valid).
Per Arizona law, BYOB after 4 PM only.
Farmers Market - Chandler
Saturday, August 1st at 7:00 AM
The market is operated by the Downtown Chandler Community Partnership, a nonprofit organization. Find over 30 vendors selling locally grown and made products, live music and family-friendly activities. Items for sale include fantastic produce, tamales, salsa, pastries, relishes, honey, tea, crafts, natural beauty products, soaps and much more.
Email: [email protected]
Follow them on Instagram: @chandlerfarmersmarket and @downtownchandler
$9 AMC Movie Tickets - AMC Theaters
Order Online Starting Saturday, August 1st at 11:00 am
Use these $9 etickets at AMC theaters near you for ANY movie, ANY date and ANY showing.
Monday, Wednesday, Tuesday, June, August, February, whatever.
More info ➜ bit.ly/9dollarmovies
Paddleboard Surf & Yoga - Chandler
Saturday, August 1st at 8:00 AM
The coolest Class in town! Workout ON the water and just jump in if you get hot! All levels welcome, pre-registration is required. Class size is limited to 20 through July 27th.
Summer Listing Special - FREE Staging
Anytime This Summer
List with the Amy Jones Group this summer and receive one of the following:
Free Staging Consultation & Decor Package
Free Landscaping Service While You are Listed
Free Pre-Listing and Pre-Closing Cleaning!
Referring someone? Receive a free summer cleaning just for sending them our way!
🚨 HOT On The Market 🚨
🏡 Open Houses 🏡
🏡 Know Your Home Value
😲 In Case You Missed It!
Thinking about buying or selling a home?
Start your home buying journey today.
See our 8-step home buying process
Find out what your home is worth.
Now is the perfect time to see how much your home has appreciated