I found this to be a very informative article about the current market and things to come. Michael Orr from the Cromford Report had this to say about the current state of the Metro Phoenix Real Estate Market as we deal with the current health crisis. March 18, 2020 A number of people seem to assume that we are heading for a recession and that home prices will fall. The Continue Reading
Phoenix Real Estate
Phoenix Area Real Estate Market Update: 5/4/15 – 5/10/15
There are currently 3,740 Phoenix homes for sale, 2,660 in Scottsdale and 421 in Paradise Valley. Those 3,740 homes for sale in Phoenix have been on the market an average of 85 days and the median list price is $299,999 while the weighted average price per square foot is $176.64. Phoenix area home sales activity during 5/4/15 to 5/10/15: Phoenix: The median sales price for 299 single family Continue Reading
April 2015 Metro Phoenix Area Real Estate Report
We just love analyzing the market; both in crunching the data and actually seeing the inventory in person. Doing so gives really great insight into how to position yourself as a homebuyer or seller in the Phoenix real estate market. Here is our synopsis of key numbers in the Phoenix real estate market for April 2015 (all sales analyzed were for single family detached homes): The median home Continue Reading
Phoenix Area Real Estate Market Update: 4/20/15 – 4/26/15
There are currently 3,882 Phoenix homes for sale, 2,647 in Scottsdale and 434 in Paradise Valley. Those 3,882 homes for sale in Phoenix have been on the market an average of 86 days and the median list price is $299,900 while the weighted average price per square foot is $176.59. Phoenix area home sales activity during 4/20/15 to 4/26/15: Phoenix: The median sales price for 293 single family Continue Reading
March 2015 Metro Phoenix Area Real Estate Report
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
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
