The graph above tells an interesting story (you can click it to enlarge it). It paints a picture of all the homes that are currently listed as well as the number sold in the last 30, 60 and 90 days in Phoenix. What is interesting is that you can see how the lower priced homes are "hot" right now. The green columns represent the number of active listings. If the red column (number of homes sold in Continue Reading
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Phoenix Area Real Estate Market Update: 3/23/15 – 3/29/15
There are currently 3,936 Phoenix homes for sale (down 21 from last week), 2,646 in Scottsdale and 427 in Paradise Valley. Those 3,936 homes for sale in Phoenix have been on the market an average of 88.88 days and the median list price is $295,000. Phoenix area home sales activity during 3/23/15 to 3/29/15: Phoenix: The median sales price for 337 single family homes that sold in Phoenix was Continue Reading
Phoenix Area Real Estate Update: 3/16/15 – 3/22/15
This week was better than last for the housing markets in Phoenix, Scottsdale and Paradise Valley. The number of sales went up and average days on market went down across the board. Median and Average sold prices in the Phoenix area during 3/16/15 to 3/22/15: Phoenix: The median sales price for 325 single family homes that sold (up 50 from the previous week!) in Phoenix was $192,500 and the Continue Reading
Phoenix Area Real Estate Market Update: 3/9/15 – 3/15/15
Phoenix Area Real Estate Market Update: 3/9/15 - 3/15/15 Median and Average sold prices in the Phoenix area during 3/9/15 to 3/15/15: Phoenix: The median sales price for 275 single family homes that sold in Phoenix was $196,800 and the average was $236,962. Average days on market was 92.28. Scottsdale: The median sales price for 75 single family homes that sold in Scottsdale was $438,400 and Continue Reading
Metro Phoenix Real Estate Market Update: 2/9/15 – 2/15/15
Metro Phoenix Real Estate Market Update: 2/9/15 - 2/15/15 Median and Average sold prices for 2/9/15 to 2/15/15: The median sales price for 238 single family homes that sold in Phoenix was $181,250 and the average was $247,207. Average days on market was 82.82. The median sales price for 63 single family homes that sold in Scottsdale was $500,000 and the average was $721,727. Average days on Continue Reading
Metro Phoenix Real Estate Market Update: 2/2/15 – 2/8/15
Metro Phoenix Real Estate Market Update: 2/2/15 - 2/8/15 Median and Average sold prices for 2/2/15 to 2/8/15: The median sales price for single family homes that sold in Phoenix was $189,900 and the average was $237,679. The median sales price for single family homes that sold in Scottsdale was $421,000 and the average was $730,433. The median sales price for single family homes that sold in Continue Reading