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February 12, 2012

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Phoenix, Arizona

Reported by Kristen VanArsdale, REALTOR

Updated February 8, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Phoenix is a very large city so sales prices will vary widely depending on the area. The overall price trend in Phoenix this week had remained flat, this could change however if more inventory is put on the market.

The average median price for the least expensive homes on the market this week 5/3 is $45,000 with a Days on Market time of 114 days. The upper/middle (25%) of properties average price is $157,500 with 143 Days on Market. The highest quartile of sales median price range is $359,000 for an avg 2,872 sq ft home. Days on market in this quartile is 152.

INVESTORS- If you are looking to fix/flip a property there are good deals out there. Give me a call and I will start searching for you and help you with any questions you may have about investing in fixers.

Need to short sale your home? Not sure what is involved. Give me a call.

ZIP Codes: 85014, 85015, 85016, 85003, 85020

Location Characteristics: Phoenix is a very large and diverse city. If you are relocating here from another state talk to a real estate agent specifically about what you are looking for.

For More Information:

View Market Conditions of other areas served by Kristen VanArsdale

Navigate: Top > Arizona > Phoenix

About Kristen VanArsdale:
Check out my website Kristensellsaz.com. My website contains tons of useful information on buying & selling, you can also search the Arizona MLS (listings of homes in AZ). If you want a Real Estate Agent who will help you with all the large and small details of your real estate transactions I am the one to call. Providing my clients with excellent service is alway my number one priority. I have a team of Loan Officers, Inspectors, Repairmen Title Agents and Appraisers to help make sure you receive the best service possible. In this slow market you need an agent that will really WORK for you, I make sure your home is staged properly and advertise effectively to make sure your home is viewed by as many buyers as possible.

Investing in real estate? There are still good investments out there in this slow market. I specialize in finding great opportunities for my investor clients. Call me if you are looking for a good investment property.



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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