These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community.
Agents, click here to share your opinions of this market.
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...
MORE-> About Ron Wilczek
Phoenix also known as the Valley of the Sun is a great place to live, work and play. The city is loaded with parks, great shopping, many job centers and professional sports teams. With home prices at some of the lowest levels we have seen in years...
MORE-> About Bruce The Moose Fraser
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...
MORE-> About Kristen VanArsdale
Good News: Total active listings have risen by 282 units over the beginning of last month. As of October 8, we sit at 27,268 Actives for Single Family Homes and Condos. Sales are at 8111 for the last 30 days (as of October 8), down by 328 from...
MORE-> About Gina McKinley, ABR, CRS
Trend Alert Last month we examined the overall improving market in some detail as we believe a primary function of our "job" is to keep both ourselves and our clients informed on market trends and shifts. Trends are rarely formed in a month...
MORE-> About The Russell Shaw Group
For a constellation of verifiable reasons the Phoenix Housing Industry has stabilized as of mid 2011. Prices are slowly trending upward as demand increases and supply has leveled off. Those Buyers that were waiting for the Market to 'hit bottom'...
MORE-> About The Sol Group
Today the market is closer to a correction! The current inventory consist of active listings of just over 17,000 units. 8 months ago, we had inventory closer to 35,000! So, with the current market under just a two month supply, you have to act fast...
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The majority of our local sales are Short Sales with the number of reo properties declining. Investors are still very active in our market with long-term investment potential very good and positive cash flow on rental properties. There are investors...
MORE-> About Betty Harmon, GRI, ABR, SFR, CSSN
Metro Phoenix is a huge area with different markets. Some are still slowly trending downward while some are experiencing multiple offers on properties. The inventory is very low, putting demand on existing inventory. Total distressed properties have...
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While most of the Phoenix metro area appears to be stabilizing or some areas slightly increasing, others remain down. The high end 3M+ market has shown the highest increase at 10.9% in the last 12 months. REO inventory has been sliced in half from...
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With inventory so low in the Phoenix metro area it's tough to say it isn't a sellers market. Obviously home values are still at historic lows, but the high demand for properties is requiring buyers to often exceed asking price, which in turn, is...
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Average price per square foot for Phoenix AZ was $305, an increase of 281.3% compared to the same period last year. The median sales price for homes in Phoenix AZ for Jan 10 to Mar 10 was $105,000 based on 8,952 home sales. Compared to the same...
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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
