The graph above shows what has happened to the median price of single family detached homes sold in the Phoenix area over the past two years. The median price has gone from a low of $115,500 in July of 2011 to a high of $147,000 in April, 2012.
Below is a link to a recent article in the Arizona Republic. We agree that the housing market has changed. There are about half as many homes for sale currently as there were a year ago. I don’t agree with Brett Barry’s statement that he thinks there are still a lot of foreclosures to...
Phoenix area housing market gaining ground, new data show. TweetFacebookLinkedInTumblrStumbleDiggDelicious
I was talking with another real estate agent yesterday and he told me he had six offers on a property he had listed. Since April, most of the time when we submit an offer for a buyer, the listing agent tells us there are multiple offers for the property and asks for our buyer’s...
There have been a number of positive signs recently for the Phoenix housing market. Sales were strong in both March and April. In March there were 9941 closed sales and in April 9309 which was an increase of 0.8% over last year. This is significant because last years April numbers were strong due to...
