Grayhawk Home Sales Report November

Grayhawk Golf Course SignThe state of Grayhawk’s Real Estate Market is healthy overall all. Prices are rising. Inventory is down.

The tide has turned and we hope the worst days are in the rear view mirror. I want to give a little history for comparison to make my initial statement very clear. I wrote a blog post in April of 2011 and at that time there were 102 Grayhawk homes for sale. That was similar to 2003 when I first moved to Grayhawk and there were 99 homes for sale but significantly fewer homes than in 2009 when we have over 160 homes on the market. Currently, there are 46 homes for sale listed in Grayhawk and we are selling about 23, monthly. That means there is 2 months’ supply which is below the average of 3-5 months.

Prices are rising. If you read my article in the Grayhawk Flight in August I stated price rose 1% a month for the first 6 months of the year. That trend has continued. Grayhawk home prices are up 11+% since January. With low inventory levels and favorable interests, we expect this to continue for the foreseeable future.

To view home sales by specific neighborhood visit Grayhawk Recent Home Sales. If you would like to sign up for the Grayhawk Home of the Month Luncheon and Tour, visit GrayhawkMomsRock.com

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  • Date: 8/23/2018

    Source: Zillow

    I worked with Brandon to purchase my first home and really can’t say enough good things about him. He is knowledgeable, approachable, personable, endlessly patient, - Read More

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    Have known Stacy for about 5 years now and have grown to respect her professionalism and her experience in the market. She helped me with - Read More

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    I recently purchased a second home close to family in Glendale (I live in NY) and Elise was AWESOME! The transaction was done almost entirely - Read More

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    Brandon is awesome! He was always available for us even with our crazy schedule. He responds quickly and is very patient. He is pleasant and - Read More

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    My 1st choice and only choice is Elise Fay. Why? Integrity and no one better in your corner! Last year she sold 51 houses, YTD she’s - Read More

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