July 2018 Phoenix AZ Real Estate Housing Trends Market Report

Written by Posted On Monday, 06 August 2018 11:31

July 2018 Phoenix AZ Real Estate Housing Market Report and House Value

July 2018 Phoenix AZ Real Estate Housing Market Highlight:

  • New Listing had decreased about 3.4% from July 2017
  • July 2018 average sold price for single family home in Phoenix AZ was $332,116, that is about 11.3% increased from a year ago
  • Median sold price in July 2018 was $272,243, which had appreciated about 10.0% from July 2017
  • About 98% of single family homes sold in July 2018 are traditional sale
  • Most expensive homes sold in July 2018 was sold for $3,100,000
Phoenix Housing Market Update July 2018 and House Value by Swee Ng

Number of Homes Sold in Phoenix AZ in July 2018
Based on July 2018 statistic, we saw 1,549 single family homes sold in Phoenix AZ compare to 1,413 of last year July. That's about 9.6% increased of single family home sold in Phoenix compare to a year ago.

In July 2018, we saw 54 days on Market (DOM), compare to 57 in a year ago. It took average about 54 days to sell your home in Phoenix in July 2018.

Median Sold Price of Single Family Homes Sold in Phoenix AZ in July 2018
The median sold price for single family home in Phoenix AZ sold in July 2018 was $272,243. Compare to last year, median sold price in July 2017 was $247,500. The median sold price for single family home in Phoenix has increased about 10.0% from a year ago.

 

2018 July Median Sold Price in Phoenix was $272,243
Click here to view Homes for Sale Under $250,000 in Phoenix AZ

Average Sold Price of Single Family Homes Sold in Phoenix AZ in July 2018
2018 July average sold price for single family home in Phoenix AZ was $332,116. Compare to last year July at $298,520, the average sold price has increased about 11.3% from a year ago.

 

July 2018 Average Sold Price in Phoenix was $332,116
Click here to view Homes for Sale Under $325,000 in Phoenix AZ

The average sold price per square feet for single family home in July 2018 was $170.00 per square feet.

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?
View your House Value estimated instantly for free at www.phoenixazhousevalue.com

View your house value instantly for free

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
Phoenix AZ Real Estate Listings and Homes for Sale by Price Range:

Phoenix AZ Real Estate Listings & Homes for Sale by Home Features:

Real Estate Listings & Homes for Sale by Phoenix zipcode:

Search and view your dream home now

Search your dream home now

Rate this item
(0 votes)

Search by State:

Agent Resource

How to capture your next prospect - click here

Realty Times

From buying and selling advice for consumers to money-making tips for Agents, our content, updated daily, has made Realty Times® a must-read, and see, for anyone involved in Real Estate.