Rising Home Prices May Slow
Valley home prices are expected to climb at a slower pace or flatten out during the coming year.
Housing market watchers including Realtor.com expect Phoenix home prices to climb between 4 and 6 percent this year.
This forecast is based on pending sales, population ...
Statistics Phoenix Metropolitan Area
September 13, 2018
Total Active Residential Listings 16,187 (Active)
Average Market Time 59.9 days
Compared to last year at this time 65.53 days
List price vs. sales price 97.9%
Compared to last year 97.6 ...
In June,the Valley's median home price soared past the previous record to reach $268,000 according to the Arizona Regional Multiple Listing Service. The previous record of $265,000 was set in June of 2006.
Comparing the Valley's housing market prior to the 2006 rise in ...
New homes are being built in the Phoenix area at the fastest pace in 10 years, and prices are climbing faster than they have in five years.
All signs indicate that the Phoenix metro homebuilding market is in recovery.
More than 1,950 new homes were sold valley wide in ...
Starting with the basic ARMLS numbers for June 1, 2018 and comparing them with June 1, 2017 for all areas & types:
- Active Listings: 16,018 versus 12,129 last year - down 13.3% - and down 1.9% from 16,329 last month
- Under Contract Listings: 11,399 versus ...
MLS Sales Over $1M up 36%
Inventory Under $150K Down 62%
Buyers continue to have a tough time finding inventory on the low end of the market. New listings overall are down 9% year-to-date thus far, which doesn’t help matters. Compared to February last year, inventory under $150K ...
The population of Phoenix has grown to more than 1.6 million people. We have a diverse economy built on the foundation of tourism, manufacturing, tech, financial, healthcare and educational institutions. Phoenix is part of Maricopa County which was recently named as the nations fastest growing county, adding ...
Realtor.Com has ranked the Phoenix metro area as the number one market in the country with a rise in our median price to $300,000 representing a median price rise this year of 5.94% and a sales growth of 7.24%.
Maricopa County showed a daily population increase ...