85018, Phoenix, AZ

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Arcadia Homes
Arcadia Homes

Homes | New | LuxuryCondos | Townhomes | Open House

Beautiful Arcadia Homes (Phoenix 85018) can be found nestled between Biltmore on the West, Paradise Valley on the North, and Scottsdale on the East. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.

We can currently see (153) homes available in Arcadia today.

Prices
The median sales price in December was $575,000, up 17.3% from $490,000 in December of 2018 and down -2.2% from $588,090 last month. Our average sales price in December was $654,089, down -5.7% from $693,374 in December of 2018 and down -17.7% from $794,889 last month. December 2019 ASP was at a mid range compared to December of 2018 and 2017.

Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955

Some Real Estate listings in 85018, Phoenix, AZ

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$1,049,000
MLS # 6024113
4 Beds
4 Baths
3,024 Sqft
Status: Active
Property Type: Single Family - Detached
$495,000
MLS # 6025061
3 Beds
2 Baths
1,650 Sqft
Status: Active
Property Type: Single Family - Detached
$1,925,000
MLS # 6025165
4 Beds
4 Baths
3,111 Sqft
Status: Active
Property Type: Single Family - Detached
$935,000
MLS # 6025276
4 Beds
4 Baths
2,750 Sqft
Status: Active
Property Type: Single Family - Detached
$1,479,000
MLS # 6025355
4 Beds
4 Baths
3,421 Sqft
Status: Active
Property Type: Single Family - Detached
$795,000
MLS # 6025502
4 Beds
3 Baths
2,542 Sqft
Status: Active
Property Type: Single Family - Detached
$1,200,000
MLS # 6024576
4 Beds
4 Baths
2,840 Sqft
Status: Active
Property Type: Single Family - Detached
$2,100,000
MLS # 6024833
5 Beds
5 Baths
4,406 Sqft
Status: Active
Property Type: Single Family - Detached
$2,495,000
MLS # 6023829
5 Beds
4 Baths
5,326 Sqft
Status: Active
Property Type: Single Family - Detached
$1,150,000
MLS # 6023694
4 Beds
3 Baths
2,839 Sqft
Status: Active
Property Type: Single Family - Detached
$2,995,000
MLS # 6023054
4 Beds
5 Baths
4,300 Sqft
Status: Active
Property Type: Single Family - Detached
$625,000
MLS # 6023208
3 Beds
2 Baths
1,815 Sqft
Status: Active
Property Type: Single Family - Detached
$3,500,000
MLS # 6023246
5 Beds
5 Baths
5,473 Sqft
Status: Active
Property Type: Single Family - Detached
$2,495,000
MLS # 6023254
5 Beds
5 Baths
5,215 Sqft
Status: Active
Property Type: Single Family - Detached
$1,250,000
MLS # 6022849
3 Beds
3 Baths
2,721 Sqft
Status: Active
Property Type: Single Family - Detached
$950,000
MLS # 6022684
4 Beds
3 Baths
2,700 Sqft
Status: Active
Property Type: Single Family - Detached
$950,000
MLS # 6022694
3 Beds
3 Baths
2,621 Sqft
Status: Active
Property Type: Single Family - Detached
$585,000
MLS # 6021861
4 Beds
2 Baths
2,651 Sqft
Status: Active
Property Type: Single Family - Detached

Monthly Market Report

Property Sales
December property sales were 79, up from 51 in December of 2018 and 3.9% higher than the 76 sales last month. December 2019 sales were at their highest level compared to December of 2018 and 2017. December YTD sales of 950 are running 5.4% ahead of last year's year-to-date sales of 901.

Prices
The median sales price in December was $575,000, up 17.3% from $490,000 in December of 2018 and down -2.2% from $588,090 last month. The average sales price in December was $654,089, down -5.7% from $693,374 in December of 2018 and down -17.7% from $794,889 last month. December 2019 ASP was at a mid range compared to December of 2018 and 2017.

Inventory
The total inventory of properties available for sale as of December was 224, down -0.9% from 226 last month and down -30.2% from 321 in December of last year. December 2019 Inventory was at the lowest level compared to December of 2018 and 2017.

Market Time
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for December was 52, down from 58 days last month and down from 68 days in December of last year. The December 2019 DOM was at its lowest level compared with December of 2018 and 2017.

Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The December 2019 selling price per square foot of $282 was down -3.8% from $293 last month and up 2.5% from $275 in December of last year.

Selling Price vs Original Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The December 2019 selling price vs list price of 94.5% was down from 95.6% last month and up from 93.5% in December of last year.

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