Home Sales Spiked in March…and Sold Fast

An abnormally warm winter, strong consumer confidence and robust underlying demand ended up being the perfect formula to push existing-home sales in March to their highest pace in over 10 years.

More notably, despite the fact that supply is extremely tight and buying a home has gotten more expensive, home sales are up convincingly from a year ago nationally and in all four major regions.

In addition to the 4.4 percent leap in sales last month, equally impressive was the fact that homes typically sold 11 days faster than in February and 13 days quicker than a year ago. There’s no question that buyers are struggling to find an affordable home to buy, and when they do, they have to act very fast just to have a chance.

To reiterate what NAR Chief Economist Lawrence Yun said during this morning’s press conference: “sales will go as far as inventory does.”

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2023 W Rancho Drive Phoenix, AZ 85015

$563,000
5 Beds
4 Baths
2,717 SqFt
Status Active
MLS # 6766472
Property Type Single Family Residence
Price Type --
Central Phoenix home with a lot of character in a prime location that is walking distance to the Valley Metro Rail Station and the Spectrum Mall while being minutes away from I-17! This house includes a 500 sq ft guest house that has a separate entrance with full bathroom, huge living area, kitchen cabinets with separate heating and cooling unit. The guest house would be a great Airbnb, VRBO, or an in-law suite! If you have a green thumb, this house is for YOU, it offers lots of tree and vegetation: 2 mature orange trees, pomegranate, peach, tangerine, blood orange, 5 grapevines, artichoke, and rosemary. The house has a sustainable front and backyard with a distinctive water fountain and a wood crafted entry door. The main house features hand-carved Cantera stone, slate flooring, double-sided fireplace and 3 skylights throughout the house. Chef's kitchen boasts granite countertops, huge breakfast bar for additional seating, and stainless steel appliances. Walk-in closet, steam shower, jacuzzi tub and double vanity sink makes for a great master suite! All bathrooms have stone tile work from floor to ceiling with inset mirrors. The backyard of the home is very unique and features a fountain, fully mature orange tree, raised concrete trellis area, and outdoor fire-pit! Extended driveway, RV GATE, and a GARAGE! NO HOA! HURRY, this one won't last long!

41355 N Eliana Drive San Tan Valley, AZ 85140

$563,000
5 Beds
3 Baths
2,880 SqFt
Status Active
MLS # 6765240
Property Type Single Family Residence
Price Type --
Seller may consider buyer concessions if made in an offer. Welcome to this beautifully updated home! The interior boasts a neutral color paint scheme and fresh paint. The kitchen is a chef's dream with an accent backsplash, convenient kitchen island and a walk in pantry for ample space. The primary bathroom is a sanctuary featuring double sinks, a separate tub, and shower. The primary bedroom is complete with a walk-in closet. Outside, enjoy the low maintenance landscaping, a covered patio perfect for entertaining, and a fenced-in backyard for added privacy. The home also features partial flooring replacement. This home is a must-see!e!

3102 W T Ryan Lane Phoenix, AZ 85041

$563,000
4 Beds
2.5 Baths
3,182 SqFt
Status Active
MLS # 6760028
Property Type Single Family Residence
Price Type --
Two-Story Home with Large Lot and Loft! Welcome to this stunning two-story home, perfectly situated on a large lot. This spacious 4 bedroom, 2.5 bath residence features an open-concept design ideal for modern living. The main floor boasts a large living room with abundant natural light, a gourmet kitchen with an island and walk-in pantry, and a formal dining area that opens to the backyard. The private master suite is located on the main level, offering a luxurious en-suite bath with a walk-in shower, soaking tub, double vanity, and a spacious walk-in closet. Upstairs, you'll find 3 additional large bedrooms and a versatile loft area—perfect for a second living room, media room, or home office. The expansive backyard is perfect for outdoor entertaining, & room for a pool and more...

2738 N 217th Avenue Buckeye, AZ 85396

$562,997
3 Beds
2.5 Baths
1,997 SqFt
Status Active
MLS # 6748415
Property Type Single Family Residence
Price Type --
This is a to be built home -- 6/7 months build time. Welcome to your 3-bed, 2.5-bath home with a 3-car tandem garage, located in Sienna Hills next to Verrado, nestled on The White Tank Mountains for privacy and views. With a North/South orientation, this energy-efficient home features cutting-edge SPRAY FOAM insulation and an electric car charger outlet. Enjoy granite countertops, a pot filler over the stove, paver driveway, 8' overhead garage door, and a double gate on a 10' side yard for your off-road toys. The 12' sliding glass wall seamlessly connects indoor and outdoor living. HOA dues include a pool, jacuzzi, clubhouse, and gym!

7 E La Vieve Lane Tempe, AZ 85284

$562,900
2 Beds
2 Baths
1,794 SqFt
Status Active Under Contract
MLS # 6768838
Property Type Single Family Residence
Price Type --
Two bedrooms and Den - Completely re-done and in excellent condition. Small yard to take care of. Dual pane windows - Almost new A/C unit top of the line* Kitchen and baths have been upgraded - Roll in Shower in Master Bathroom* Kitchen is to die for* Refrigerator, washer & dryer included. Ready to move in. Bright, cheery and vaulted ceilings Community Pool in Warner Ranch for your enjoyment and closed to all freeways, restaurants and shopping. Come look....

4656 E Laredo Lane Cave Creek, AZ 85331

$562,500
3 Beds
2 Baths
1,314 SqFt
Status Active
MLS # 6775740
Property Type Single Family Residence
Price Type --
No detail was overlooked in this immaculate and lovingly maintained - BETTER THAN NEW - single-level home in the highly sought-after, gated Dove Valley Ranch! Surrounded by desert preserve, this three-bedroom home features mountain views, an open-concept floor plan, and low-maintenance, worry-free living. Interior features include neutral tile flooring throughout, granite countertops, a gas stove, a renovated primary bathroom, plantation shutters, vaulted ceilings, and more. Step outside to find manicured desert landscape, a covered patio, and unparalleled views of surrounding mountain vistas and natural area open space. Beyond your new home, enjoy one of North Phoenix's finest public golf courses, a clubhouse bar/lounge, and easy access to first-rate schools, parks, hiking, & more. Roof 2019, HVAC 2015, water heater 2016, whole-home water filtration system... the list of thoughtful updates goes on. Come see your new home today!

4330 Copperhead Drive Wickenburg, AZ 85390

$562,500
2 Beds
2 Baths
1,873 SqFt
Status Active
MLS # 6769355
Property Type Single Family Residence
Price Type --
Discover a home that balances comfort and character in the coveted Lone Star neighborhood. This exceptional residence welcomes you with a warm, rich color palette, setting a relaxed and inviting mood throughout. Large rooms flow seamlessly across the tile flooring, while plantation shutters add a touch of elegance. The kitchen is a highlight, featuring a gas cooktop that makes cooking a pleasure. And with an owned wired alarm system, peace of mind is built right in! Out back, the space is designed for year-round enjoyment. Gather around the gas fire feature on cooler evenings, fire up the built-in BBQ, or relax under the shade of the pergola while taking in the desert air. It's an outdoor space made for quiet moments and lively get-togethers alike, with thoughtful details that invite... you to unwind. The extended-length 3-car garage isn't just practicalit's a well-organized space with attached shelving, providing room for vehicles, gear, and projects. It's the kind of garage that offers flexibility, whether you need extra storage or room for hobbies. This home at Wickenburg Ranch is all about easy living, with spaces that invite you to make them your own. It's a place where the details matter, offering a lifestyle that feels as good as it looks, ready to become your next favorite spot.

4207 E Ford Avenue Gilbert, AZ 85234

$562,500
5 Beds
3 Baths
2,370 SqFt
Status Active Under Contract
MLS # 6753341
Property Type Single Family Residence
Price Type --
INCREDIBLE ORIGINAL OWNER UNIQUE 5 BDR home in the HEART OF GILBERT. This Fulton Home features a vaulted ceiling great room with LARGE KITCHEN and tons of NATURAL LIGHT. Upstairs features primary suite + 2 additional bedrooms and full bath. Short steps down from great room features full FLEX SPACE, 2 additional bedrooms and a 3rd full bath! REAL WOOD FLOORS and tile throughout. BRAND NEW ANDERSEN WINDOWS, + AC & ROOF REPLACEMENT COMPLETED. Backyard features gardeners paradise: Pears and Pomegranates nearly ripe; Tangerines, Lemons and HUGE Ruby Red Grapefruit Tree, Katy Apricots and Figs in the Spring/Summer. Incredible fruit bearing grape vines on the west side and shade tree + paver patio provide the PERFECT BACKYARD CANVAS. Neighborhood park just down the street. Stop by today!

4919 W Hunter Trail San Tan Valley, AZ 85144

$562,490
5 Beds
3 Baths
2,776 SqFt
Status Active
MLS # 6776898
Property Type Single Family Residence
Price Type --
NEW HOME! The perfect blend of functionality comes to life. This stunning home boasts 5 bedrooms, 3 baths, bonus space and walk-in closets, ensuring that there's room for everyone. The island takes center stage, serving as a workspace or a social hub where family and friends can gather. Whether you're preparing a gourmet meal or enjoying a family breakfast, the kitchen is designed to be a culinary haven. Umber dark cabinets and granite counter tops with a generous amount of wood look tile! Stepping outside, the 3-panel sliding glass door offers an additional living space that seamlessly extends the indoor experience. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

4354 Ponderosa Trail Wickenburg, AZ 85390

$562,486
2 Beds
2 Baths
1,648 SqFt
Status Active
MLS # 6770324
Property Type Single Family Residence
Price Type --
Introducing the Dream floor plan, a stunning 1,648 sq ft home with 2 beds & 2 baths, expertly designed by Shea's in-house interior design team. This home features a GE built-in induction appliance package, including a dishwasher, wall oven, microwave, & oven hood. Oil-rubbed bronze accents add elegance throughout. The primary bath boasts a heavy glass shower enclosure, quartz countertops, & under-mount sinks in both baths. Enjoy custom mosaic tile work, upgraded full overlay cabinets, generous cabinet pullouts, & quartz countertops in the kitchen. Additional features include a 15 ft sliding glass wall, extended covered patio, upgraded electrical, $20k in tile flooring, 4 ft garage extension, & custom landscaping front & back. Discover current incentives at Shea sales office.

2827 N 212th Drive Buckeye, AZ 85396

$562,073
4 Beds
4 Baths
2,514 SqFt
Status Active
MLS # 6741507
Property Type Single Family Residence
Price Type --
Welcome to your TO BE BUILT: 4-Bed, 4-Bath Mountain-View dream home nestled against the stunning White Tank Mountains, offering unparalleled privacy and breathtaking views. This East/West oriented gem boasts grand 10' ceilings and elegant 8' doors throughout, creating a sense of luxury and space. The chef-inspired kitchen is a culinary delight, featuring a gas cooktop, wall oven micro combo, large pantry, premium countertops, and 42-inch upper cabinets. Perfect for entertaining, the home seamlessly blends indoor and outdoor living with multiple sliding glass doors leading to a spacious patio. The expansive owner's suite is a retreat of its own, complete with a big closet and a huge walk-in super shower with a rainhead. Located just minutes from the Sienna Hills Swim park/gym/clubhouse!

1922 E Yale Street Phoenix, AZ 85006

$562,000
3 Beds
2 Baths
1,231 SqFt
Status Active
MLS # 6772421
Property Type Single Family Residence
Price Type --
This fully renovated 1925 classic home blends charm with modern luxury. Featuring stunning luxury laminate floors and brand-new windows, the open floor plan is enhanced by beautiful wood beams and elegant crown molding. The custom bathroom showcases period-specific tile choices, while the kitchen boasts white shaker cabinets, quartz countertops, a striking blue tile backsplash, a pot filler above the gas range, and a farmhouse sink. Stainless steel appliances complete the space. Plus, enjoy peace of mind with a new roof and serviced A/C—all part of a permitted remodel!

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