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Special Offers from SRP

SRP has a number of offers  that are worth consideration.  Here is a summary of a few. Reduced priced swimming lessons.  You …

Steady Decrease in Homes for Sale Under $100,000 in Phoenix Area

There has been a steady decrease in the number of homes for sale in the $30,000 to $100,000 price range. This reflects what we have been seeing the market as prices rise – a dwindling supply of homes priced under $100,000. Home supply in the $100,000 to $250,000 price range has bounced around some but has remained at a more even level this year.

Home Prices Rising in the Greater Phoenix Area

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.