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Market Conditions for Phoenix, Arizona
Reported by Ron Wilczek, REALTOR, ePRO, ABR
Updated February 11, 2012.
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Current Market Rating: 3
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Buyer's
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Seller's
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Current Price Trend: 4
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Falling
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Rising
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SEE EVERYTHING YOU NEED TO KNOW -- CLICK ON "MORE ->"... ALL THE CURRENT FACTS ARE HERE. NOTE: FEBRUARY 2012 in Phoenix - 4 YEARS of sales data below will help you understand the market.
For comprehensive insight into "current foreclosures for sale" and the foreclosure process -- short sales, Trustees Sales, and REO's -- copy and paste this URL into a new browser:
http://www.valleywidehomes.com/phoenix-housing-tracker/
Phoenix single family residences, patio homes, and townhomes under $1,000,000 and over 1,000 sq ft.
FEB '12 - 2,332 Homes for sale
JAN '12 - 2,536 Homes for sale; 1,394 sold (55.0%); 1.8 months inventory
avg. 1,782 sf - price $133,384 - on market 81 days - price per-sq ft $75
DEC '11 - 2,773 Homes for sale; 1,708 sold (61.6%); 1.6 months inventory
avg. 1,816 sf - price $137,012 - on market 88 days - price per-sq ft $75
NOV '11 - 2,929 Homes for sale; 1,625 sold (55.5%); 1.8 months inventory
avg. 1,772 sf - price $134,559 - on market 82 days - price per-sq ft $76
OCT '11 - 3,099 Homes for sale; 1,722 sold (55.6%); 1.8 months inventory
avg. 1,761 sf - price $125,902 - on market 87 days - price per-sq ft $71
SEPT '11 - 3,190 Homes for sale; 1,855 sold (58.2%); 1.7 months inventory
avg. 1,805 sf - price $130,803 - on market 90 days - price per-sq ft $72
AUG '11 - 3,428 Homes for sale; 1,968 sold (57.4%); 1.7 months inventory
avg. 1,755 sf - price $123,400 - on market 93 days - price per-sq ft $70
JULY '11 - 3,695 Homes for sale; 1,890 sold (51.2%); 2.0 months inventory
avg. 1,810 sf - price $126,104 - on market 87 days - price per-sq ft $70
JUNE '11 - 4,154 Homes for sale; 2,422 sold (58.3%); 1.7 months inventory
avg. 1,781 sf - price $124,935 - on market 97 days - price per-sq ft $70
MAY '11 - 4,923 Homes for sale; 2,068 sold (42.0%); 2.4 months inventory
avg. 1,767 sf - price $123,461 - on market 95 days - price per-sq ft $70
APRIL '11 - 5,567 Homes for sale; 2,182 sold (39.2%); 2.6 months inventory
avg. 1,713 sf - price $121,022 - on market 98 days - price per-sq ft $71
MARCH '11 - 6,333 - Homes for sale; 2,077 sold (32.8%); 3.0 months inventory
avg. 1,790 sf - price $126,746 - on market 106 days - price per-sq ft $71
FEBRUARY '11 - 6,790 - Homes for sale; 1,861 sold (27.4%); 3.6 months inventory
avg. 1,632 sf - price $113,559 - on market 104 days - price per-sq ft $70
JANUARY '11 - 8,866 - Homes for sale; 1,391 sold (15.7%); 6.4 months inventory
avg. 1,742 sf - price $120,490 - on market 106 days - price per-sq ft $69
DECEMBER '10 - 8,420 - Homes for sale; 1.750 sold (20.8%); 4.8 months inventory
avg. 1,779 sf - price $127,073 - on market 100 days - price per-sq ft $71
NOVEMBER '10 - 7,333 Homes for sale; 1,402 sold (19.1%); 5.2 months inventory;
avg. 1,742 sf - price $128,325 - on market 93 days - price per-sq ft 74
OCTOBER '10 - 7,580 Homes for sale; 1,342 sold (17.7%); 5.6 months inventory;
avg. 1,782 sf - price $132,619 - on market 100 days - price per-sq ft $74
SEPTEMBER '10 - 7,128 Homes for sale; 1,453 sold (20.4%); 4.9 months inventory;
avg. 1,825 sf - price $139,580 - on market 100 days - price per-sq ft 76
AUGUST '10 - 6,933 Homes for sale; 1,477 sold (21.3%); 4.7 months inventory;
avg. 1,787 sf - price $138,737 - on market 96 days - price per-sq ft $78
JULY '10 - 6,361 Homes for sale; 1,414 sold (22.2%); 4.5 months inventory;
avg. 1,815 sf - price $146,073 - on market 88 days - price per-sq ft $80
JUNE '10 - 5,898 Homes for sale; 1,900 sold (32.2%); 3.1 months inventory;
avg. 1,818 sf - price $151,109 - on market 88 days - price per-sq ft $83
MAY '10 - 5,583 - Homes for sale; 1,869 sold (33.5%); 3.0 months inventory
avg. 1,825 sf - price $152,401 - 85 on market days - price per-sq ft $84
APRIL '10 - 5,833 - Homes for sale; 1,823 sold (31.3%); 3.2 months inventory
avg. 1,808 sf - price $146,743 - on market days - price per-sq ft $81
MARCH '10 - 5,920 - Homes for sale; 1,760 sold (29.7%); 3.4 months inventory
avg. 1,785 sf - price $144,354 - on market 87 days - price per-sq ft $81
FEBRUARY '10 - 5,925 - Homes for sale; 1,313 sold (22.2%); 4.5 months inventory
avg. 1,786 sf - price $140,820 - on market 87 days - price per-sq ft $79
JANUARY '10 - 5,485 - Homes for sale; 1,135 sold (20.7%); 4.8 months inventory
avg. 1,740 sf - price $131,053 - on market 76 days - price per-sq ft $75
DECEMBER '09 - 5,390 - Homes for sale; 1,613 sold (29.9%); 3.3 months inventory
avg. 1,755 sf - price $143,258 - on market 85 days - price per-sq ft $81
NOVEMBER '09 - 5,190 Homes for sale; 1,601 sold (30.8%); 3.2 months inventory;
avg. 1,773 sf - price $148,185 - on market 81 days - price per-sq ft $84
OCTOBER '09 - 5,035 Homes for sale; 1,791 sold (35.6%); 2.8 months inventory;
avg. 1,780 sf - price $142,091 - on market 84 days - price per-sq ft $80
SEPTEMBER '09 - 5,720 Homes for sale; 1,746 sold (30.5%); 3.3 months inventory;
avg. 1,796 sf - price $144,244 - on market 84 days - price per-sq ft $80
AUGUST '09 - 5,282 Homes for sale; 1,732 sold (32.8%); 3.0 months inventory;
avg. 1,746 sf - price $136,478 - on market 86 days - price per-sq ft $78
JULY '09 - 5,354 Homes for sale; 2,181 sold (40.7%); 2.5 months inventory;
avg. 1,755 sf - price $133,894 - on market 104 days - price per-sq ft $76
JUNE '09 - 5,826 Homes for sale; 2,313 sold (39.7%); 2.5 months inventory;
avg. 1,737 sf - price $133,197 - on market 109 days - price per-sq ft $77
MAY '09 - 7,035 Homes for sale; 2,212 sold (31.4%); 3.2 months inventory;
avg. 1,701 sf - price $121,169 - on market 117 days - price per-sq ft $71
APRIL '09 - 8,466 Homes for sale; 2,145 sold (25.3%); 3.9 months inventory;
avg. 1,633 sf - price $112,882 - on market 117 days - price per-sq ft $68
MARCH '09 - 9,233 Homes for sale; 1,867 sold (20.2%); 4.9 months inventory;
avg. 1,653 sf - price $109,799 - on market 127 days - price per-sq ft $66
FEBRUARY '09 - 9,810 Homes for sale; 1,362 sold (13.9%); 7.2 months inventory;
avg. 1,682 sf - price $118,404 - on market 120 days - price per-sq ft $70
JANUARY '09 - 10,491 Homes for sale; 1,235 sold (11.8%); 8.5 months inventory
avg. 1,695 sf - price $126,667 - on market 117 days - price per-sq ft $75
DECEMBER '08 - 11,071 Homes for sale; 1,265 sold (11.4%); 8.8 months inventory
avg. 1,727 sf - price $142,274 - on market 102 days - price per-sq ft $82
NOVEMBER '08 - 13,927 Homes for sale; 897 sold (6.4%); 15.5 months inventory
avg. 1,770 sf - price $162,485 - on market 111 days - price per-sq ft $92
OCTOBER '08 - 10,600 Homes for sale; 1,117 sold (10.5%); 9.5 months inventory
avg. 1,747 sf - price $174,726 - on market 97 days - price per-sq ft $100
SEPTEMBER '08 - 10,431 Homes for sale; 1,275 sold (12.2%); 8.2 months inventory
avg. 1,788 sf - price $189,990 - on market 101 days - price per-sq ft $106
AUGUST '08 - 10,405 Homes for sale; 1,137 sold (10.9); 9.2 months inventory
avg. 1,828 sf - price $208,004 - on market 114 days - price per-sq ft $114
JULY '08 - 10,113 Homes for sale; 1,171 sold (11.6%); 8.6 months inventory
avg. 1,817 sf - price $218,462 - on market 113 days - price per-sq ft $120
JUNE '08 - 9,926 Homes for sale; 1,053 sold (10.6%); 9.4 months inventory
avg. 1,852 sf - price $234,953 - on market 124 days - price per-sq ft $127
MAY '08 - 10,075 Homes for sale; 923 sold (9.2%); 10.9 months inventory
avg. 1,840 sf - price $242,834 - on market 126 days - price per-sq ft $132
APRIL '08 - 10,027 Homes for sale; 865 sold (8.6%); 11.6 months inventory
avg. 1,859 sf - price $247,602 - on market 131 days - price per-sq ft $133
MARCH '08 - 9,841 Homes for sale; 642 sold (6.5%); 15.3 months inventory
avg. 1,845 sf - price $257,104 - on market 121 days - price per-sq ft $139
FEBRUARY '08 - 9,731 Homes for sale; 516 sold (5.3%); 18.7 months inventory
avg. 1,821 sf - price $264,388 - on market 133 days - price per-sq ft $145
JANUARY '08 - 9,118 Homes for sale; 462 sold (5.1%); 19.7 months inventory
avg. 1,861 sf - price $279,749 - on market 128 days - price per-sq ft $151
DECEMBER '07 - 9,958 Homes for sale; 551 sold (5.5%); 18.1 months inventory
avg. 1,861 sf - price $285,093 - on market 127 days - price per-sq ft $153
NOVEMBER '07 - 10,010 Homes for sale; 559 sold (5.6%); 17.9 months inventory
avg. 1,801 sf - price $275,846 - on market 120 days - price per-sq ft $153
OCTOBER '07 - 10,056 Homes for sale; 623 sold (6.2%); 16.1 months inventory
avg. 1,802 sf - price $287,921 - on market 113 days - price per-sq ft $160
SEPTEMBER '07 - 9,913 Homes for sale; 640 sold (6.5%); 15.5 months inventory
avg. 1,795 sf - price $282,591 - on market 104 days - price per-sq ft $157
AUGUST '07 - 9,770 Homes for sale; 818 sold (8.4%); 11.9 months inventory
avg. 1,823 sf - price $301,912 - on market 99 days - price per-sq ft $166
JULY '07 - 9,462 Homes for sale; 914 sold (9.7%); 10.4 months inventory
avg. 1,763 sf - price $296,864 - on market 96 days - price per-sq ft $168
JUNE '07 - 9,147 Homes for sale; 1,034 sold (11.3%); 8.9 months inventory
avg. 1,801 sf - price $310,368 - on market 94 days - price per-sq ft $172
MAY '07 - 8,655 Homes for sale; 1,074 sold (12.4%); 8.1 months inventory
avg. 1,740 sf - price $298,852 - on market 91 days - price per-sq ft $172
APRIL '07 - 8,031 Homes for sale; 1,095 sold (13.6%); 7.3 months inventory
avg. 1,740 sf - price $299,844 - on market 92 days - price per-sq ft $172
MARCH '07 - 7,320 Homes for sale; 1,162 sold (15.9%); 6.3 months inventory
avg. 1,719 sf - price $292,275 - on market 95 days - price per-sq ft $170
ASK ME HOW TO GET THE BEST DEAL ON A HOME IN THIS MARKET!
For more information visit my website at:
OwnInPhoenix.com
Also visit the official city website at:
http://phoenix.gov/
ZIP Codes: Over, 70, zip, codes, too, numerous, to, list
Location Characteristics: Phoenix is young by historical standards but now ranks as one of the fastest-growing cities in the nation. It is currently the 5th largest city in the U.S. Visitors, residents and businesses will find that Phoenix offers just about everything in the way of sports, recreation, arts, culture, dining, lodging and financial opportunities. Phoenix is one of the fastest-growing job and housing markets in the nation. Mild winters and a relatively low cost of living have fueled much of the growth. Phoenix has an overall cost of living index of 96.8, or just slightly below the U.S. average. Area in square miles: 514.
In Phoenix, recreation is a year-round pursuit. You can mountain bike along world-class single-track trails or find solitude hiking in the expansive South Mountain Park/Preserve, known as the largest municipal park in the United States. Visit renowned arts and cultural venues or choose from more than 100 urban parks. Escape the heat at one of 29 public pools, play a round at a championship golf course or join a sports league.
The greater Phoenix area is a $50 billion marketplace driven by technology. World-leading companies such as Intel, Avnet, Motorola, AlliedSignal, Honeywell and Boeing Company have chosen Phoenix for their corporate and regional headquarters. Industry giants such as STMicroelectronics, American Express, Phelps Dodge, Sumitomo Sitix, Prudential, Charles Schwab and Mayo Clinic have major operations in Phoenix.
For More Information:
View Market Conditions of other areas served by Ron Wilczek
Navigate: Top > Arizona > Phoenix
About Ron Wilczek:
Ron has been representing clients since 1999 in resale, new home construction, investment, and multi-family housing. His clients have given exceptional praise to his skills and numerous referrals from family and friends. Ron brings the ePRO (Certified Internet Professional) and ABR (Accredited Buyers Representative) designations to your service. He has attained a Bachelors Degree from the University of Phoenix in Business Administration.
Trust your family's assets to someone who has YOUR best interests in mind at every moment. Ron will promise you:
* Respect and patience
* Listening to what you say and focus on your needs
* A marketing plan with quick action and results
* Knowledge and professionalism
* A sense of urgency for your needs with immediate attention and quick follow-up
* Great negotiation skills
* Honest communication
* An enjoyable experience, even...fun!
THAT'S WHAT RON DELIVERS! And he will deliver it with personal attention and superior service. You will always be able to reach Ron when it's important! He will be your personal guide during this exciting time in your life. CALL RON TODAY AND PUT HIM TO WORK FOR YOU!
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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