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January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Phoenix, Arizona

Reported by The DeCoste Team, Realtor, e-Pro

Updated January 6, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

In October, the average sales price was $168,683 in comparison to the average list price of $261,847 and the number of properties sold was 1228. Currently there are 14,108 Active listings available in Phoenix giving Phoenix a 10 month inventory. The average cummulative days on market in Phoenix is currently 100 days. It is truly a great time to take advantage of the current market pricing. The current market has definitely opened up to investors that are looking to buy and hold. The Phoenix area is the sixth's largest driven housing market in the region. There still seems to be room to grow in today's market.

ZIP Codes: 85003, 85006, 85007, 85012, 85013, 85014, 85015, 85016, 85018, 85020, 85021

Location Characteristics: The advantages of living within the Central Corridor are certainly why Real Estate values have managed to hold strong even during this current market correction. Being minutes away from the downtown arts, sports events, Civic Center, Government buildings, Phoenix Art Museum, Biltmore Corridor. The choices are abundant. The latest addition to this area is the Light Rail System which you can receive more information about at my website http://www.TheArizonaHomebuyer.com

For More Information:

View Market Conditions of other areas served by The DeCoste Team

Navigate: Top > Arizona > Phoenix

About The DeCoste Team:
I am a native Phoenician with over 20 plus enjoyable years actively working as a Real Estate Consultant. My personal commitment is to provide my clients with straight-forward assistance and representation. As an e-pro certified agent I utilize the latest technologies, market research and business strategies to meet your expectations. More importantly, I listen and that means I find solutions that are tailored to you. Step-by-step, I provide clients guidance and facilitation with all of the processes of buying and selling Real Estate. Call me at: (602) 971-0726 or my Best Anytime number: (602) 469-3253.If you are calling from out of town: 1-888-310-3454 ext: 800.

When selling your home in this Highly Competitive Market you need an agent that has a plan to get your home Sold, not just List and Wait.
• 75 Point Marketing System: this is a tried and proven system that will get your home sold for the greatest amount of money in the shortest amount of time.
• An Easy Out Listing Agreement: If for any reason your not happy with myself or my team, you’re the boss, fire us.
• Flexible Fees:” Full Service” or “Do It Yourself”. Buying and Selling? You are eligible for our Client Reward Bonus.
• Free Home Warranty: Seller’s receive a Home Warranty at the time of listing.
• High Internet Presence: Your property is marketed to over 4000 Phoenix Realtors®.
• Members of the ARMLS & CAZBR: We are members of both the Arizona Residential Multiple Listing Service and the Central Arizona Board of Realtors®. So, if your property is located in the Rim Country it gets 4 times the marketing power. This means more potential Buyers learn about your 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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