Looking back at 2021 Seville housing market and into 2022! - Seville Market Update

Looking back at the 2021 Seville housing market and into 2022!

Hi and welcome to a new edition of a Seville Housing Market update just going over some information about what happened with Seville housing throughout the year 2021 and looking ahead a little bit to the year 2022. I'm gonna share my screen with you here real quick so I can show you some of these things directly in the MLS so that you don't have to take my word for it.

So right now in Seville, we only have 7 active listings.  The cheapest and they're all kind of on the higher end uh the cheapest listing currently available in Seville is 640 000 and the most expensive currently is at 1.5 million. So, those are what is currently available for sale in Seville, it looks like we've got a new listing here on Seneca you know I think one thing that is interesting you know the lower-end homes the cheaper stuff in Seville. Anything in the probably in the 400s or so is usually selling super fast and that's normal for you know any market, not just Seville but then these higher-end homes are sometimes sitting a little longer but although not always a lot of these are gonna sell really quickly as well and there are 11 listings that are currently pending and 9 homes that sold in Seville in the past 30 days giving us a month's supply of inventory of 0.78 which is a little higher than the market as a whole although throughout the year usually throughout the year.

Seville has actually had a lower month supply of inventory number than the market as a whole but it's a relative very very small sample size and I think just the fact that there are seven active listings is a little higher than we've seen some of those listings um you know I'm sure are going to be getting sold really soon so I'm not expecting the housing market to slow down Princeville or anything like that so in 2021 there were 207 homes in MLS that sold incivility just for  MLS data I'm sure there were some off-market and high buyer type sales as well but 207 that sold in the MLS the cheapest home that sold was 275 000 and the most expensive home that sold was 5.5 million giving us an average price for the year of 638 096 dollars that 5.5 million and then there was also one that was in the 3 million range probably increasing our average slightly but I'm leaving them in there because there was also a really really inexpensive home at only 275 and very few homes are selling that cheap as well so just just leaving all the data is what it is.  I'm not trying to remove any outliers at this time.

So, the the average price for seville for the year of 2021 was $638 096  the average days on market was only 21 days and the average price per foot was 243 dollars and 51 cents that's just to give you a very very ballpark idea obviously a single-story home two story home size lot size upgrades you know it's you can't necessarily just take your square footage times 243 your house might be worth a lot more than that it might be worth a lot less just depends on a lot of different factors but I still find it interesting to just kind of get a ballpark idea of what's happening on average now in 2020.

So, looking back you know the previous year we did see 263 home sales in Seville so about 60 or 58 fewer homes sold in Seville in 2021 but of course the the average price was significantly higher in the 20 the average price in 2020 was 494 834 so we saw we actually saw an average sales price increase in Seville of 29 now the Phoenix market as a whole  saw an average sales price increase of about 23 24 so I think by the reason why it's at 29 is again a couple of those outliers the 5.5 million and the 3 million I think it was like a 3.5 million you know if those were removed i think that the Seville neighborhood is probably doing about the same as the market as a whole with average sales prices being up somewhere between 20 and 25 an interesting thing though the average days on market for homes in 2020 was 44 days while as in 2021 it was only 21 days so homes sold twice as fast so in 2021 and the average price per foot in 2020 was only 190 so average price per foot increase of about 50 dollars per foot so every foot you have in your house is worth an extra 50 bucks now congratulations anyway the market as a whole inventory is still extremely low and still tons of buyers coming from other markets particularly California and we do expect home values to continue to rise at a dramatic pace probably somewhere between 10 and 15 percent is what we're predicting for the year of 2022. 

So, if you would like to get an update regarding the value of your home um or uh some different stats or some comps um that are more similar to your house we would be more than happy to provide that for you so um please reach out and uh we would just absolutely love to do that there's no obligation or no cost it doesn't you don't need to be selling your home maybe you just want to update your net worth and you'd like to know what your house is worth we would be more than happy to put that information together for you so hope you found this information helpful and let us know if you have any questions.

What does this mean to you? If you're even a little bit interested in learning more about participating in the Seville housing market as a seller, buyer, or investor... you NEED to know this stuff! Or at least work with someone obsessed with the market stats. Reach out to me today so we can start working on making your real estate dreams a reality!

Check out these other market updates!

Buying vs Renting
Merrill breaks down the real estate trends in Maricopa County. He discusses how quickly your home can potentially sell and whether you should buy or rent your next home. Do you have a question for Merrill? Ask your questions in the comment section, we'll be happy to answer and possibly make a video regarding your question in the future! Facebook: https://www.facebook.com/BigHelperGro... Instagram: https://www.instagram.com/bighelper_e... Website: https://www.bighelperhomesearch.com/
Homes are Gaining Value in 2020
It is a sellers market in Maricopa County! With housing prices continuing to rise, checkout how much equity your house can be building!
Investing in Phoenix AZ Real Estate
The housing market keeps BOOMING?? In the Phoenix Metro area! The constant growth is causing a high demand for houses which is great for buyers and sellers! RIGHT NOW you can sell your home quickly for top dollar AND buy a home that will be giving you a great return on investment! Make sure to watch Merrill every Monday morning to get a detailed, specific overview of what your housing market is currently doing!
Is it a Seller's Market in Phoenix?
41% of homes listed in January 2020 are ALREADY SOLD OR UNDER CONTRACT!!! The Phoenix housing market is still booming and looks like it will not be slowing down any time soon! Checkout Merrills weekly market updates every monday morning to stay up to date in the Phoenix real estate world!
East Valley VS West Valley: Which has a hotter housing market?
In this video, Merrill discusses the current real estate market in Phoenix, Arizona. With still an extremely low "Months supply of inventory" both the east and west valley are extremely hot, but which one is hotter?
Scottsdale, AZ Ranks #1 in US for "Population Net Gain"
Scottsdale, Arizona has a population net gain of 108% giving it the #1 city in America for population net gain!! Translation: Phoenix real estate is HOT and home values will continue to go UP!
COVID-19 and the 2008 Housing Crisis: What's the Difference?
A lot of people are comparing the current economy to our economy during the 2008 recession. We made this video to inform you of the differences and hopefully ease your mind using facts!
Phoenix Metro Housing Market Update 7/13/2020
Get an update on the latest stats for what is going on with the housing market and house values in the Phoenix Metro area--this week's episode takes a look at how home values in the Southeast Valley have risen over the past year.
Supply Versus Demand in the PHX Housing Market 7/6/2020
Merrill's Monday Morning Market takes a look at supply versus demand in the Phoenix housing market, and also looks at the sold-to-list price ratio for the homes that sold in June 2020.
Historic Day in the Statistical Analysis of the PHX Housing Market
A Special edition of "Monday" Morning Market madness addresses this historic day in the statistical analysis of the Phoenix Housing Market.
San Tan Valley vs Maricopa: Which Bedroom Community is hotter? More Affordable?
A look at which bedroom community is hotter? Which one is more affordable? Maricopa or San Tan Valley?
COVID-19: Analyzing the Housing Market Shift
Statistically speaking, things seem to be heading in the right direction for the real estate market in the Phoenix Metro area!
House Values Dropping because of COVID-19?
What is happening in the housing market in the southeast valley--What impact is COVID-19 having so far on house values?
Eating Buffalo Wild Wings hottest wings to show exactly how hot the Phoenix Real Estate Market is!
The entire Phoenix Metro housing market is completely on FIRE! The market is so hot that we felt we needed to demonstrate it to you!
Phoenix Housing Market Update - January 2021
In this weeks edition of Merrill's Monday Morning Market Madness, Merrill takes a look at what average sales prices have been doing so far in January compared to December 2020
EXP Realty explained in under 5 minutes (2021)
EXP Realty is an innovative cloud-based brokerage that is changing the way agents are compensated in real estate! By eliminating the traditional bricks-and-mortar office structure, they dramatically lower costs and share that additional revenue by distributing money back to the agents who help the company grow. eXp Realty offers over 50+ hours of LIVE training every week. This training can be accessed anywhere you have internet access via our cloud campus. Training ranges from lead generation, contract trai
Zillow and the Zestimate
Does your Zestimate seem low?! We agree!
Phoenix Metro Housing Market Update
In this week's edition of Merrill's Monday Morning Market Madness, we take a look at the continued struggling lack of supply situation and what we have been seeing with home values so far.
What is Zillow doing with the Zestimates?!?!
How many homes are REALLY available?
In this weeks edition of Merrill's Monday Morning Market Madness, we analyze what is going on with the Phoenix residential housing market, and what is going on with inventory?!
What will happen when the market crashes
In this week's edition of Merrill's Monday Morning Market Madness, we take a look at what will happen to your monthly payment when buying a home after the market crashes.
Phoenix Metro Housing Market Update 2/1/2021
In this week's edition of Merrill's Monday Morning Market Madness, we take a look at the continued struggling lack of supply situation and what we have been seeing with home values so far.
Phoenix Metro area update on the status of the housing market
In this weeks edition of Merrill's Monday Morning Market Madness, Merrill takes a look at what average sales prices have been doing so far in January compared to December 2020
Phoenix Metro Area Housing Market Update
Happy New Year! In this edition of Merrill's Monday Market Madness, Merrill makes some bold predictions for what we are going to see in 2021!
4/20/21 Phoenix Housing Market Update
The Phoenix Metro area is still a strong seller's market! Stay tuned every week for a detailed analysis of everything real estate in Gilbert, Chandler, Mesa, and the entire Phoenix Metro area!! Phoenix is the capital of the southwestern U.S. state of Arizona. Known for its year-round sun and warm temperatures, it anchors a sprawling, multicity metropolitan area known as the Valley of the Sun. It's known for high-end spa resorts, Jack Nicklaus–designed golf courses, and vibrant nightclubs. Other highlight
Seville Community (Gilbert, AZ) Real Estate Market Update! | How much is your home worth?
Luxury Homes in Gilbert, Arizona | Real Estate Market Update
So if you're a buyer thinking about buying in that price range, or you own a home, in that price range, and you'd like to kind of know, hey, what's the trends, what's going on in the market? This is the video for you
Phoenix Metro Real Estate Market Update | May 11th 2021
Merrill's Monday Morning Market Madness!
Giving you another update regarding Phoenix residential housing market.
Phoenix Metro Area Housing Market Update 6/7
Merrill's Monday Morning Market Madness examines whether the market is finally starting to shift or not?
DON'T Listen To Zillow! (Find Out How Much Your Gilbert Seville Home Is Worth In 2021)
If you live in the Seville area, I want to show you how much your property is worth. I'm a local full-time real estate agent and I don't work for any of the big companies like Zillow,
Is the Phoenix Housing Market on a downturn? 2021 real estate trends for the East Valley
Merrill gives an update about what the heck is happening with the housing market, in particular, what is going on with the rapidly increasing supply, and should we be concerned about it? Merrill will show you some trends, discuss what they mean for your home-buying decisions or selling decisions and offer up advice on how to stay ahead of the crowd. The BIG Helper Realty group covers the Phoenix Metro area. If you are looking for a Market Update for Gilbert, Chandler, San Tan Valley, Mesa or Queen Creek
Seville Real Estate Market Update July 2021
The Gilbert market is hot! Homes are selling 4% above the asking price in the Seville neighborhood. That's unheard of! And if that wasn't enough, we have a ton of buyers out there looking for new homes. This is a great time to sell real estate in Gilbert because it's likely that prices will continue to increase! If you're thinking about buying or selling in the Gilbert area, drop us a message we will give you the scoop on what you could get for your Gilbert Home.
Is the Phoenix housing market is slowing down?
In this week's edition of Merrill's Monday Morning Market Madness, we take a look at the numbers and to what extent the market is shifting and what it means for you as a buyer or a seller.
What is going on with RENT PRICES in the Phoenix Metro area?!
In this weeks edition of Merrill's Monday Morning Market Madness, we take a look at what average rent prices have done over the past decade and a deeper look at the real cost of renting!.
What is the best Phoenix suburb to invest in real estate? Phoenix Housing Market Update 8/13/2021
In this week's Phoenix Housing edition of Merrill's Market Madness, we take a look at what is going on with the real estate market, talk about the trends, the direction we think it is going to go in moving forward, and discuss investments and what areas we think are the best ones to invest in currently.
Seville Market Update
Taking a look at the housing market specifically as it relates to the neighborhood of Seville in Gilbert, Arizona.
July 2021 Seville Real Estate Housing Market Update - Merrill's Market Madness #45
The Gilbert market is hot! Homes are selling 4% above the asking price in the Seville neighborhood. That's unheard of! And if that wasn't enough, we have a ton of buyers out there looking for new homes. This is a great time to sell real estate in Gilbert because it's likely that prices will continue to increase! If you're thinking about buying or selling in the Gilbert area, drop us a message we will give you the scoop on what you could get for your Gilbert home. Do you have a question for Merrill? Ask yo
Gain An Edge and Win Against All of The Other Sellers By Having Excellent Marketing
You may be thinking the real estate market is crazy I can throw this home on the MLS and it will sell itself. It might and you will be definitely leaving money on the table. We have helped hundreds of people sell their homes in Gilbert and surrounding areas near Phoenix Arizona. If you're looking for a way to gain an edge and win against all the other sellers by having excellent marketing, we can help! If you're trying to sell your home, you need to start with marketing. Quite simply, if no one knows ab
Seville Market Update - September 7th 2021
What's going on in the Seville, Gilbert housing market?! Merrill Jencks takes his weekly deep-dive into the numbers. Take a look at what inventory and average sales prices are looking like at this point in time.
Are we seeing an increase in inventory? - Merrill's Market Madness #68
This week's edition of Merrill's market madness examines the sales numbers for September 2021, plus takes a look at the trends of the market, and whether or not to expect values to fall? Do you have a question for Merrill? Ask your questions in the comment section, we'll be happy to answer and possibly make a video regarding your question in the future! Facebook: https://www.facebook.com/BigHelperGro... Instagram: https://www.instagram.com/bighelper_e... Website: https://www.bighelperhomesearch.com/
Update regarding housing market for the Phoenix Metro Area
In this weeks episode of Merrill's Market Madness, we take a look at the current trend of the market, discuss whether or not we are expecting a reversal, and discuss affordability.
What is happening to the Seville housing market?? - Seville Market Update September 2021
Cash on Cash Return for Rentals in Phoenix Suburbs - Merrill's Market Madness #70
In this week's edition of Merrill's Monday Market Madness, we take a look at how much you can expect to get off an average rental in terms of cash flow, and how much that cash flow can increase a year later, etc. If you're thinking about buying or selling in the Southeast Valley area, drop us a message we will give you the scoop on what you could get for your home. Do you have a question for Merrill? Ask your questions in the comment section, we'll be happy to answer and possibly make a video regarding yo
Don't let Capital Gains Tax Eat up your Profits!
Don't let Capital Gains Tax Eat up your Profits! How much time have you spent learning about capital gains tax as it relates to real estate? Chances are, not that much. Which is okay! Not a lot of people know much about it. We're not accountants and can't give tax advice, but we find it really important to tell the homeowners we work with about capital gains tax. In this video, I break down how to figure out if you owe capital gains tax after the sale of your home. Please call or email me if you have any
How much will my monthly payment be if I buy a home?
Have you ever wondered how much will my monthly payment be if I buy a home? Should I use Zillow or is there a better tool out there? Merrill is going to take you through his favorite Mortgage calculator. Using this tool will help you know what your monthly payment will be. He also breaks down what will be included in your monthly payment. He goes over taxes, HOA, and homeowners insurance. If you are thinking of buying a home let us know how we can help you get started. bigheperhomesearch.com
Do you think the market is slowing down?? - Merrill's Market Madness #72
In this week's episode of Merrill's Market Madness, we take a look at the current trend of the market and discuss affordability in the Phoenix Housing Market!
Looking back at Phoenix Housing Market in 2021 & predicting 2022 - Merrill's Market Madness #74
It's hard to predict the future, but it's fun to look back on past predictions. In this week's edition of Merrill's Monday Morning Market Madness, I'm looking back at how accurate some Phoenix housing market predictions were in 2021, and sharing some predictions I have for 2022! If you're thinking about buying or selling in the Southeast Valley area, drop us a message we will give you the scoop on what you could get for your home. Do you have a question for Merrill? Ask your questions in the comment secti
Looking back at 2021 Seville housing market and into 2022! - Seville Market Update
It's hard to predict the future, but it's fun to look back on past predictions. In this week's edition of Merrill's Monday Morning Market Madness, I'm looking back at how accurate some Seville housing market predictions were in 2021, and sharing some predictions I have for 2022! If you're thinking about buying or selling in Seville or anywhere in the Southeast Valley area, drop us a message we will give you the scoop on what you could get for your home. Do you have a question for Merrill? Ask your questio
Seville Housing Market Update 2/1/2022
Housing Market Update in Seville Gilbert - February 2022 - Seville Market Update
Are you curious about the housing market in the south Gilbert neighborhood of Seville? In this video, we take a look at the latest trends as of February 2022. Stay up to date with the current market conditions and learn what's driving prices in this niche market! If you're interested in staying up to date on the Seville or general Phoenix housing market, make sure you subscribe to this channel and follow me on Facebook and Instagram at @BigHelperGroup and @MerrillJencks Merrill Jencks info@bighelpergroup.
Phoenix Housing Market 2022 Update - Merrill's Market Madness
In this week's edition of Merrill's Market Madness, we take a look at the final numbers for January--what happened with average prices, interest rates, and the supply/demand? Also, a look ahead and what to expect in the coming months. Want to stay up to date on the Phoenix housing market? Make sure you're subscribed to our channel and follow us on Facebook and Instagram at @BigHelperGroup and @merrilljencks! Merrill Jencks [email protected] Merrill.bighelpergroup.com
What's happening in the Phoenix ??housing market ?? today - April 2022
In this week's episode of Merrill's Monday Market Madness, we take a look at how the market is reacting to far to these skyrocketing interest rates...and what kind of impact do we expect it to have moving forward. If you want to know more about the phoenix housing market and buying, selling, and investing in real estate, make sure you are subscribed to this channel and follow me on all social media platforms at @BigHelperGroup and @MerrillJencks.
10% Value Increase in 3 months! - March 2022 Phoenix Market Update #76
In this week's edition of Merrill's Monday Market Madness, we take a look at what average prices have been doing in the past couple of months, what kind of an impact the rising interest rates are having, and how do we expect things to change moving forward? If you like keeping up to date with the housing market in Phoenix, AZ, make sure you're subscribed to this channel and follow me on Facebook and Instagram at @MerrillJencks and @BigHelperGroup!
The Phoenix ??Housing Market is Slowing down! ????
In this week's episode of Merrill's Market Madness, we take a look at the most recent trends in the Phoenix housing market. What is going on with inventory and demand? What kind of impact do we expect that to have on the market moving forward.
The sky is falling!! ?? Phoenix ???? Housing Market Update
The sky is falling!! In this week's episode of Merrill's Monday Market Madness, we look at the trends in the Phoenix housing market. What impact has skyrocketing interest rates had on the market so far? How are home values being impacted? What can we expect to see if this trend continues? If you want to stay updated on the Phoenix housing market every month, make sure you're subscribed to this channel. I also post 3 videos a week on tips and tricks for buying, selling, and investing in real estate. Also
Getting a pulse on the Gilbert, AZ ????housing market!
Getting a pulse on the Gilbert, AZ housing market! Let's take a look at the direction of the market --what is going on with average home prices and inventory in Gilbert, especially amidst the rising interest rates.
Gilbert, Aizona Housing ??Market Update - June 2022
June 2022, what is happening with the housing market in Gilbert? What are the trends, what is going on with supply and demand, and what do we expect will happen with home values looking ahead? Hello, my name is Merrill Jencks I am with the Big Helper Real Estate Group at EXP Realty and I'm coming to you today with an update regarding the housing market in Gilbert Arizona and this is June of 2022. So if you live in Gilbert, if you own a home in Gilbert or you're renting or you are thinking about moving to
Is the PHX?? housing market shifting?? ?? - Market Update May 2022
The market continues to shift--but how quickly is it shifting, and what will this mean for buyers and sellers in the months ahead?
June 2022 Phoenix Housing Market Update
A look at the activity we saw in the Phoenix area for the month of June, and what we can expect to see moving forward.
Phoenix Housing Market Update: July 2022 Recap
In this week's episode of Merrill's Monday Market Madness, starring guest host Lynda Yap, we take a look at what is happening in the housing market for the Phoenix metro area. What happened in July and how does that compare to last month and last year? Furthermore, what does it mean looking ahead? Lastly, what did the fed's changed in the fedaral funds rate do to mortgage rates?
Phoenix Area Housing Market Update for August 15th
In this week's episode of Merrill's Monday Morning Market Madness (starring awesome guest host Terry Cottle) we take a look at the slowing housing market, rising MSI numbers, and then dive into the different parts of the east valley--which market is the hottest and which is the coolest?
Phoenix Housing Market Update
In this episode of Merrill's Monday Market Madness (On a Tuesday), Starring special guest host John Hogen, we take a look at the housing market in Phoenix. Are house prices continuing to fall? The answer might surprise you! Also, how did August compare to July and to August of the last couple of years? Lastly, what is happening in the luxury market in the SE Valley?
Will home prices drop in Phoenix?? - September Housing Market Update
Inventory continues to climb, but prices have really stabilized. Does that mean we have reached "the bottom" are are we just on a short plateau before going down again? We take a look at the trends to help buyers and sellers make informed decisions. Good morning everyone and welcome to a new episode of Merrill's Monday Market Madness! Today, we are going to be taking a look at the Phoenix housing market. What are the trends, you probably heard inventory is rising, and prices are falling? I want to share
9/26/2022--Phoenix Housing Market Update
In this week's episode of Merrill's Monday Market Madness, we take a look at inventory rising, months supply of inventory, interest rates, price reductions and looking ahead at what might be on the horizon?
How to buy a home as a first-time home buyer!
In this week's episode of Merrill's Market Madness, co-hosted by Garrett, we start with an update regarding the Phoenix housing market and a look at the Months Supply of Inventory--and what does it mean as far as whether we are in a buyers or a sellers market. Then we dive into helping first time homebuyers understand what they need to think about as they prepare to purchase their first home
Phoenix Housing Market Update
In this week's edition of Merrill's Monday Morning Market Madness, we take a look at the current trends in the market--inventory is falling, demand is increasing, rates are improving and we are seeing lots of signals that we may have hit the bottom. Hello and welcome to a new edition of Merrill's Monday Market Madness. I'm coming to you today with an update regarding the housing market in the Phoenix Metro Area. There are lots of kind of negative headlines out there about the housing market and what we are
Phoenix Housing Market Year in Review
What happened in 2022? How does it compare to previous years? What do we think will happen moving forward? Hello and welcome to a new edition of Merrill's Monday Morning Market Madness. I'm coming at you with an update for the Phoenix area residential housing market and I wanted to speak specifically today about kind of the 2022 year in review and just kind of use some historical data to talk about what all this might mean for looking forward to what do I anticipate will happen with the housing market in
Phoenix Housing Market Update
In this week's edition of Merrill's Monday Morning Market Madness, we take a look at the current trends in the market--inventory is falling, demand is increasing, rates are improving and we are seeing lots of signals that we may have hit the bottom. Hello and welcome to a new edition of Merrill's Monday Market Madness. I'm coming to you today with an update regarding the housing market in the Phoenix Metro Area. There are lots of kind of negative headlines out there about the housing market and what we are
Update Regarding Phoenix Housing Market!
Are prices going up or going down? A full breakdown of what the numbers were in April, and what we anticipate moving forward!
Phoenix Housing Market Update for May 2023
In this week's edition of Merrill's Monday Market Madness, we take a look at what happened with the housing market in the month of May, and we also look at what home values have done year over year, and lastly, we look at how interest rates are impacting the rental market.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Post a Comment