The Arcadia neighborhood saw 9 sales in the past week. Arcadia Lite, in particular, is definitely seeing a boost of buying activity due to the huge demand in other areas of the neighborhood. This week also saw the first of 3 spec homes in the new 56 Palms subdivision sell for $1,784,200. The market is alarmingly hot, but can probably remain this way for a little while longer while rates continue to be below 4%.
Here is a snapshot of the homes that sold.
Arcadia Proper saw 3 sales in the past week.
-5825 E Lafayette Blvd, Phoenix, AZ 85018
$2,200,000 – $427/sq.ft. – 48 Days on Market
-4485 N 56th Street, Phoenix, AZ 85018
$1,784,200 – $396/sq.ft. – 264 Days on Market
-5601 E Exeter Blvd, Phoenix, AZ 85018
$850,000 – $500/sq.ft. – 124 Days on Market
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Lower Arcadia did not have any sales in the past week.
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Arcadia Lite had a strong showing with 6 sales in the past week.
-3208 E Hazelwood Street, Phoenix, AZ 85018
$715,000 – $259/sq.ft. – 123 Days on Market
-3940 E Heatherbrae, Phoenix, AZ 85018
$555,000 – $263/sq.ft. – 35 Days on Market
-4230 N 34th Place, Phoenix, AZ 85018
$545,000 – $272/sq.ft. – 22 Days on Market
-3427 E Mariposa Street, Phoenix, AZ 85018
$523,900 – $264/sq.ft. – 16 Days on Market
-4546 N 34th Place, Phoenix, AZ 85018
$485,000 – $215/sq.ft. – 308 Days on Market
-3435 E Monterosa Street, Phoenix, AZ 85018
$275,000 – $202/sq.ft. – 183 Days on Market
If you would like any information on homes for sale in the Arcadia neighborhood, please call me at (602)-561-0445.
*The accuracy of all information, regardless of source, is deemed reliable but not guaranteed. Any information relating to the properties referenced on this website comes from the IDX program of ARMLS. This website may reference real estate listings held by brokerage firms other than the broker and/or agent who owns this website.