Nick Bastian's Blog

I realize that "luxury" homes, lofts, condos and high rise units mean different things to different people. For this post, I chose the $750,000 price range to begin my search of some really cool homes near light rail.  Today, I looked at a search and found 59 homes priced at $750,000 and above available in this "city within cities" that we call the light rail corridor. The highest concentration is near Hayden Ferry in Tempe with several in Phoenix along Central Avenue ranging from gorgeous single family homes to luxurious high rise living.

Here is a partial breakdown of the data:

Active listings priced at or above $750k - 59

Avg, list price $1,173,036 (low, $759.9k - high $3.3 million)

Approximate square foot range: 2,609 sq ft. (low 791 high 5,537)

Average list price per approximate square foot: 504.14(low 188.68 high 1,078.38)

Cumulative days on market: Average 273 days (low 13 day high 924 days)

If you have any questions about the communities along the light rail line, please feel free to contact Nick Bastian - Realty Executives, Tempe AZ via the web or feel free to call us at 602-803-6425 or toll free at 1-888-343-6425. You can also learn more about these communities and about the Phoenix Light Rail system by visiting www.RailLife.com.

Here is an example of some of the cool homes at Hayden Ferry. Let me know if you would like a list of any others.

One of the great things about a BarCamp is the connections you make and the people you meet. That's one of the many reasons I am so excited to be helping with the BarCamp in Phoenix on April 23rd. Much more on that to come in the very near future! ( make sure you mark your calendar! )

My recent trip to Seattle for their BarCamp is no exception as it was where I met my new friends, Kevin and Monica Ray from Access Realty. I enjoyed this post from them for a few reasons.

1, They made it sound like I am a lot smarter than I really am.

2. It was well put together.

3. It was about Twitter which is a tool that I believe can be used very well in our business.

Even though we aren't in Montana, I hope you enjoy the following post written by Kevin and Monica. There is some great information that can be used in any market. Make sure and stop by their blog and to follow them on Twitter. 

Niche marketing isn't exactly new to the real estate business but it can be a very fun and effective way to "build a community" within a region, market or area of expertise. I feel very fortunate to be heading to Seattle this week to attend "REBarCamp" (has nothing to do with alcohol) at the Zillow headquarters. There, I will learn a lot more about social networking, blogging and more ways to promote my business. One of the many reasons I am heading to Seattle is because of my friend, Rich Jacobson. You see, Rich has agreed to join me in a session at this "un-conference" to talk about "niche marketing." To be honest, I am really looking forward to it, partly because I think it will be a lot of fun and partly because I have a LOT of respect for Rich and for many of the people that will be attending the conference.

The timing is interesting as just yesterday my friend Mike Price from Diverse Solutions called and asked me to do a "podcast" with him about a niche market that I have been working on. Mike took some time to talk to me about the work I have been doing with RailLife.com and put together this very nice blog post titled "Nichefy Your IDX - Running The Rails With Nick Bastian" One of the many things we talked about in the podcast is how we have used the Diverse Solution product on the Rail Life Real Estate pages to show people what types of housing is available near many of the light rail stations. Their product has been really great to work with and I am looking forward to adding a lot more options in the near future, I can't thank their design and support staff enough...

The term "nichefy" might be a Mike Price original but it sure was fun to talk to him and it was a great "warm up" to what I hope to share with my friends in Seattle. If I'm lucky, all will go well and I won't trip over too many of my words. Rich has promised to do all of the heavy lifting as his experience as one of the "Active Rain All Stars" certainly qualifies him for much more than I. 

The niche I will be talking about has to do with homes located near the new, 20 mile stretch of light rail line in Arizona which travels from Phoenix to Tempe and into Mesa. If you can't join us in Seattle but you have questions about the communities along the light rail line, please feel free to contact Nick Bastian - Realty Executives, Tempe AZ via the web or feel free to call me at 602-803-6425. You can aslo get some great information on the subject by visiting www.RailLife.com.

You can listen to the Diverse Solution podcast here...

If you want to learn Twitter and social media, Domus Consulting is a great place to do it!

I believe many people like to think of "luxury" lofts, condos and high rise units when they first begin talking about homes near our light rail line. While we do have some really cool luxury homes near light rail, it is also good to point out that there are currently hundreds of much more affordable homes near the line. In fact, just this morning I did a search and found 175 homes priced up to or less than $90,000 available in this "city within cities" that we call the light rail corridor. Yes, $90,000.00!

Here is a partial breakdown of the data:

Active listings priced at or below $90k - 175

Avg, list price $67,291 (low, 25k - high $90k)

Approximate square foot range: 1,012 sq ft. (low 407 high 2,184)

Average list price per approximate square foot: 73.02 (low 26.04 high 161.74)

Cumulative days on market: Average 129 days (low 1 day high 793 days)

If you have any questions about the communities along the light rail line, please feel free to contact Nick Bastian - Realty Executives, Tempe AZ via the web or feel free to call us at 602-803-6425 or toll free at 1-888-343-6425. You can also learn more about these communities and about the Phoenix Light Rail system by visiting www.RailLife.com.