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Phoenix AZ Housing Market Trends Report September 2017

Written by Posted On Saturday, 07 October 2017 17:11

Phoenix AZ Housing Market Report and House Value September 2017

September 2017 Phoenix AZ Real Estate Housing Market Highlight:

  • New Listing had Decreased 2.6% from a year ago
  • 2017 September Average Sold Price for Single Family Home in Phoenix AZ was $293,085
  • Median Sold Price in September 2017 was $240,000
  • 98% of Single Family Detached Homes sold in September 2017 are Traditional Sale
  • Most expensive homes sold in September 2017 was sold for $2,725,000
Phoenix Housing Market Update September 2017 and House Value by Swee Ng

Number of Homes Sold in Phoenix AZ in September 2017
Based on 2017 September statistic, we saw 1,342 single family homes sold in Phoenix AZ compare to 1,348 of last year. That's about 40.4% decreased from September 2016. In September 2017, we saw 57 days on Market (DOM), compare to 66 in a year ago. It took average about 57 days to sell your home in Phoenix in September 2017.

Median Sold Price of Single Family Homes Sold in Phoenix AZ in September 2017
The median sold price for single family detached home in Phoenix AZ in September 2017 was $240,000. Compare to last year, median sold price in September 2016 was $238,950. That's about 0.4% increased in a year.

Average Sold Price of Single Family Homes Sold in Phoenix AZ in September 2017
September 2017 average sold price in Phoenix AZ was $293,085 compare to $283,529 a year ago. That's about 3.4% appreciation from a year ago.

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

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.

What My Phoenix AZ Home is Worth?
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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.

Contact Swee Ng, Gilbert Real Estate Agent, Realtor in Gilbert AZ

Phoenix AZ Real Estate MLS Listing
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