Tuesday, 23 October 2018
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Phoenix Housing Market Update September 2018

Written by Posted On Thursday, 11 October 2018 18:23

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

September 2018 Phoenix AZ Real Estate Housing Market Highlight:

  • New Listing had decreased about 8.4% from September 2017
  • September 2018 average sold price for single family home in Phoenix AZ was $318,540, that is about 8.7% increased from a year ago
  • Median sold price in September 2018 was $262,000, which had appreciated about 9.2% from September 2017
  • About 98% of single family homes sold in September 2018 are traditional sale
  • Most expensive homes sold in September 2018 was sold for $2,900,000
Phoenix Housing Market Update September 2018 and House Value by Swee Ng

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Number of Homes Sold in Phoenix AZ in September 2018
Based on September 2018 statistic, we saw 1,277 single family homes sold in Phoenix AZ compare to 1,342 of last year September. That's about 4.8% decreased of single family home sold in Phoenix compare to a year ago.

In September 2018, we saw 60 days on Market (DOM), compare to 57 in a year ago. It took average about 60 days to sell your home in Phoenix in September 2018.

Median Sold Price of Single Family Homes Sold in Phoenix AZ in September 2018
The median sold price for single family home in Phoenix AZ sold in September 2018 was $262,000. Compare to last year, median sold price in September 2017 was $240,000. The median sold price for single family home in Phoenix has increased about 9.2% from a year ago.

September 2018 Median Sold Price in Phoenix was $262,000
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 September 2018
2018 September average sold price for single family home in Phoenix AZ was $318,540. Compare to last year September at $293,085, the average sold price has increased about 8.7% from a year ago.

September 2018 Average Sold Price in Phoenix was $318,540
Click here to view Homes for Sale Under $300,000 in Phoenix AZ

There are 14 million dollar listings homes sold in September 2018. The average sold price per square feet for single family home in September 2018 was $167.00 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

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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

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