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December 4, 2009
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  CONDITIONS™
By Local Real Estate Experts  

Market Conditions for Phoenix, Arizona

Reported by David Elet, REALTOR, MBA

Updated July 16, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

FREE full foreclosure search, including NON MLS foreclosures, use the foreclosure tab on my website to check for non-MLS foreclosures.

Homes are selling for an average of $62 sqft, however I can help you find homes that are listed at less than $45 sq / ft.

I can help you find the right foreclosure, short sale, regular sale, homebuilder spec, at no charge to you.

STATISTICS PHOENIX, MAY 2009
Homes sold: 2625 (foreclosures sold 1960)
Median price: $78 000

Follow the Phoenix real estate market with up to date information:
http://MaricopaValleyRealty.blogspot.com

Search for FORECLOSURE properties on my website:
http://www.davidelet.pru1re.com

ZIP Codes: 85003, 85004, 85006, 85007, 85008, 85009, 85012, 85013, 85014, 85015, 85016, 85017, 85018, 85019, 85020, 85021, 85022, 85023, 85028, 85029, 85031, 85032, 85033, 85034, 85035, 85040, 85041, 85043, 85044, 85045, 85048, 85051

Location Characteristics: Phoenix is the hub of the rapidly growing American Southwest and the heart of a metropolis of over 3 million people. The city is a curious but delightful mix of Old West and New World. You can whoop it up at a cowboy steak joint, pamper yourself at a world-class resort, relax at a dude ranch or dance the night away at one of the area's swanky night spots. The name Phoenix — a legendary Egyptian symbol of rebirth — was chosen because the city was built on the ruins of the Hohokam civilization whose farmers dug irrigation canals still in use today. Although city tourism promoters brand Phoenix as the "Valley of the Sun," most locals just refer to it as the Valley — as in the Salt River Valley, the region's official name. Covering over 2,000 square miles, Greater Phoenix is actually is larger than Los Angeles geographically. The city is both the capital of Arizona and the Maricopa County seat. The Valley's explosive growth began during World War II when military airfields were built in the area for the near-perfect flying weather. Many defense industries followed. Luke Air Force Base, west of Phoenix, is still a major training center for fighter pilots today. More information on the City of Phoenix Website: http://www.phoenix.gov/

For More Information:

View Market Conditions of other areas served by David Elet

Navigate: Top > Arizona > Phoenix

About David Elet:
David Elet, MBA, is a full service realtor. He is able to show you any home that is listed on the MLS. David can help you find the perfect home. He uses his economic background to analyze the Maricopa market to fit your needs. Contact David NOW so he can help you TODAY!
5202083720 - david@pru1re.com


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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