The Metro Phoenix real estate market is in limbo. Buyer demand is low and there has not been much new inventory to hit the market. While the number of sales are less than last year's numbers, the market has shifted to more normal with traditional sales comprising a higher percentage of the transaction mix. Investment activity, short sales and foreclosures have declined significantly. Median and Continue Reading
Archives for September 2014
Metro Phoenix Real Estate Market Update: 9/15/14 – 9/21/14
The Metro Phoenix real estate market is in limbo. Buyer demand is low and there has not been much new inventory to hit the market. While the number of sales are less than last year's numbers, the market has shifted to more normal with traditional sales comprising a higher percentage of the transaction mix. Investment activity, short sales and foreclosures have declined significantly. Median and Continue Reading
Metro Phoenix Real Estate Market Update: 9/8/14 – 9/14/14
The below graphs, tables and analysis provide a Metro Phoenix Real Estate Market Update for single family home sales in Phoenix, Scottsdale, Paradise Valley, Chandler, Gilbert, Glendale, Mesa and Tempe AZ during the week of 9/8/14 to 9/14/14. This data can give you insight into your home’s value or where you may want to concentrate your home search if you are looking to buy a home in Metro Continue Reading
Metro Phoenix Real Estate Market Update: 9/1/14 – 9/7/14
The below graphs, tables and analysis provide a Metro Phoenix Real Estate Market Update for single family home sales in Phoenix, Scottsdale, Paradise Valley, Chandler, Gilbert, Glendale, Mesa and Tempe AZ during the week of 9/1/14 to 9/7/14. This data can give you insight into your home’s value or where you may want to concentrate your home search if you are looking to buy a home in Metro Phoenix. Continue Reading
Phoenix Historic Districts Home Sales Activity for August 2014
August 2014 Metro Phoenix Real Estate Report
August 2014 Metro Phoenix Real Estate Report Here is our synopsis of key numbers in the market: Month-over-month the number of home sales in Phoenix has been less than the same months in 2013 and 2012. On average, homes in Phoenix went under contract in 56 days of being listed and contracts closed within 39 days of acceptance. Price per square foot in Phoenix has flattened out between Continue Reading