Happy Feature Code Friday! Today we’re going to highlight the feature code “Waterfront Lot”. You can find it in the Property Description section of Flexmls.
There are currently 558 active listings for sale on the water in greater Phoenix. I will admit that’s more than I expected. They are spread out across the entire Valley, although you can see the largest cluster in the southeast.
There have been 98 sales in the last three months with and average sales price of $329,875. You want to hear the most shocking part? That is up $10k from the 3 months prior. The waterfront properties in Phoenix average sales price has gone up! Who would of thought?
So for next Friday, I wonder, what feature code would you like to see featured?
Phil,
Just yesterday, I showed one of the very few homes in Scottsdale’s McCormick Ranch, on the golf course and with water frontage. Fabulous views have truly held their value better than the rest of the market.