2017 March Phoenix AZ Real Estate Housing Market Update

Written by Posted On Friday, 21 April 2017 13:12

March 2017 Phoenix Housing Market Update and House Value

March 2017 Phoenix AZ Real Estate Housing Market Highlight:

  • New Listing had Increased 7.6% from March 2016
  • March 2017 Average Sold Price for Single Family Home in Phoenix AZ was $292,204
  • Median Sold Price in March 2017 was $236,450
  • Most expensive homes sold was sold for $2,700,000

Number of Homes Sold in Phoenix AZ in March 2017

Based on March statistic, we saw 1,598 single family homes sold in Phoenix AZ compare to 1,496 of March 2016. That's about 6.8% increased from a year ago.

Median Sold Price of Single Family Homes Sold in Phoenix AZ in March 2017

The median sold price for single family detached home in Phoenix AZ in March 2017 was $236,450. Compare to last year, median sold price in March 2016 was $224,900. That's about 5.1% appreciation from a year ago.

2017 March Median Sold Price in Phoenix was $236,450.
Click here to view Homes for Sale Under $200,000 in Phoenix

Average Sold Price of Single Family Homes Sold in Phoenix AZ in March
2017 March average sold price in Phoenix AZ was $292,204 compare to $274,880 a year ago. That's about 6.3% increased from March 2016.

March 2017 Average Sold Price in Phoenix was $292,204.
Click here to view Homes for Sale Under $250,000 in Phoenix
March 2017 Phoenix Housing Market Update and House Value by Swee Ng

 

The statistic indicate that Buyers are paying more for a home compare to 1 year ago.

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Selling Your Home in Phoenix Arizona
Contact Us or call Swee Ng, Phoenix Real Estate Agent at 480.721.6253 today to discuss your potential Phoenix AZ House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your Home is worth at today’s market.

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Swee Ng, Realtor specializing in win-win residential real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.

If you are looking to buy or sell your home in Phoenix AZ area, we hope you will consider us. Contact Us today for complimentary and no obligation consultation.

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