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You are here: Home / Homes Near Light Rail / Light Rail Housing choices – Real estate realities

Light Rail Housing choices – Real estate realities

March 11, 2009 by Nick Bastian 1 Comment

Homes near light rail come in many shapes, sizes, types and in price ranges to fit just about any budget. Since December of 2008, there have been over 150 homes sold near the 20 mile stretch of light rail running through Phoenix, Tempe and Mesa with a total value of nearly $24 million. While the phoenix real estate market continues to face the reality of downward pricing pressures from a large amount of foreclosure properties, people in need of a home are beginning to look at these areas more and more. Speaking of foreclosure properties, there are currently 165 bank-owned homes on the market that are located near the 20 mile stretch of light rail with a total listing volume of just over $17.7 million. The age old rule of location, location, location rings loud and true to many people looking for a lifestyle including walkable neighborhoods and convenience.

In addition to the lender-owned realities of this market, there is also the reality of having to actually qualify for financing vs. the “liar loans” and lax credit requirements from our “boom times.” Financing is still available, it is just not available as it once was. Given the location of both ASU facilities along the light rail line, a loan called a “Kiddie Condo” loan might make sense for a lot of people.

In “good” markets and in “bad,” there are housing choices to be made. At RailLife.com it is possible to learn so much more than just the X’s and O’s of buying or selling a home because, let’s face it, the decision of where to live is also about lifestyle, convenience and about choosing a “city within cities” to call home. A city with easy access to restaurants, sporting events, arts communities etc. would appear to be worth a look…

The homes below are examples of single family properties located along the entire light rail line. If you would like us to send you a list of available properties that fit your specific criteria please contact Nick Bastian at 602-803-6425 or via email at nick @ raillife.com

Homes Near Light Rail

41 Listings
419 E 3RD Place, Mesa, AZ 85203

$332,000 419 E 3RD Place
Mesa, AZ 85203

1657 W BEDFORD Street, Mesa, AZ 85201

$340,000 1657 W BEDFORD Street
Mesa, AZ 85201

505 W WILSHIRE Drive, Phoenix, AZ 85003

$699,999 505 W WILSHIRE Drive
Phoenix, AZ 85003

331 W EDGEMONT Avenue, Phoenix, AZ 85003

$919,000 331 W EDGEMONT Avenue
Phoenix, AZ 85003

108 W ELM Street, Phoenix, AZ 85013

$784,000 108 W ELM Street
Phoenix, AZ 85013

1401 W PEPPER Place, Mesa, AZ 85201

$390,000 1401 W PEPPER Place
Mesa, AZ 85201

64 W VIRGINIA Avenue, Phoenix, AZ 85003

$825,000 64 W VIRGINIA Avenue
Phoenix, AZ 85003

515 W EDGEMONT Avenue, Phoenix, AZ 85003

$899,000 515 W EDGEMONT Avenue
Phoenix, AZ 85003

694 W COLTER Street, Phoenix, AZ 85013

$699,900 694 W COLTER Street
Phoenix, AZ 85013

1224 E SPENCE Avenue, Tempe, AZ 85281

$640,000 1224 E SPENCE Avenue
Tempe, AZ 85281

329 N 12TH Street, Phoenix, AZ 85006

$710,000 329 N 12TH Street
Phoenix, AZ 85006

1557 W 1ST Place, Mesa, AZ 85201

$399,900 1557 W 1ST Place
Mesa, AZ 85201

505 W EDGEMONT Avenue, Phoenix, AZ 85003

$755,000 505 W EDGEMONT Avenue
Phoenix, AZ 85003

54 W LYNWOOD Street, Phoenix, AZ 85003

$1,475,000 54 W LYNWOOD Street
Phoenix, AZ 85003

Welcome to your new home

$499,000 1621 E WILLIAMS Street
Tempe, AZ 85281

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MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Filed Under: Homes Near Light Rail Tagged With: Homes Near Light Rail, Metro Light Rail, Phoenix Light Rail

About Nick Bastian

Nick Bastian is a 31 year veteran of the real estate industry and can be reached at 602-803-6425. You'll also find him sharing real estate info on his web site and hanging out onTwitter.
Family man, lover of life, maker of friends. A bit of a geek, long time Tempe real estate guy just havin' some fun. What's your story?

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Homes Near Light Rail

41 Listings
419 E 3RD Place, Mesa, AZ 85203

$332,000 419 E 3RD Place
Mesa, AZ 85203

1657 W BEDFORD Street, Mesa, AZ 85201

$340,000 1657 W BEDFORD Street
Mesa, AZ 85201

505 W WILSHIRE Drive, Phoenix, AZ 85003

$699,999 505 W WILSHIRE Drive
Phoenix, AZ 85003

331 W EDGEMONT Avenue, Phoenix, AZ 85003

$919,000 331 W EDGEMONT Avenue
Phoenix, AZ 85003

108 W ELM Street, Phoenix, AZ 85013

$784,000 108 W ELM Street
Phoenix, AZ 85013

1401 W PEPPER Place, Mesa, AZ 85201

$390,000 1401 W PEPPER Place
Mesa, AZ 85201

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MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Lakeside Living

5 Listings
435 W RIO SALADO Parkway, 306, Tempe, AZ 85281

$469,999 435 W RIO SALADO Parkway, 306
Tempe, AZ 85281

420 W 1ST Street, 328, Tempe, AZ 85281

$399,900 420 W 1ST Street, 328
Tempe, AZ 85281

945 E PLAYA DEL NORTE Drive, 4014, Tempe, AZ 85288

$499,000 945 E PLAYA DEL NORTE Drive, 4014
Tempe, AZ 85288

140 E RIO SALADO Parkway, 312, Tempe, AZ 85281

$735,000 140 E RIO SALADO Parkway, 312
Tempe, AZ 85281

425 W RIO SALADO Parkway, 103, Tempe, AZ 85281

$459,000 425 W RIO SALADO Parkway, 103
Tempe, AZ 85281

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MLS IDX Listing Disclosure © 2023

Copyright 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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