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October 2018 Phoenix AZ Real Estate Housing Market Report

Written by Posted On Friday, 09 November 2018 11:06

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

Here are Phoenix AZ Housing Market Trends Report October 2018 for Single Family Detached Home and statistics. Be sure to Contact Us, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix AZ provided by the FlexMLS system.

October 2018 Phoenix AZ Real Estate Housing Market Highlight:

  • New Listing had increased about 3.4% from October 2017
  • October 2018 average sold price for single family home in Phoenix AZ was $340,743, that is about 10.9% increased from a year ago
  • Median sold price in October 2018 was $270,500, which had appreciated about 7.0% from October 2017
  • About 98% of single family homes sold in October 2018 are traditional sale
  • Most expensive homes sold in October 2018 was sold for $3,095,000
Phoenix Housing Market Update October 2018 and House Value by Swee Ng

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Tempe Housing Market Tends Report October 2018

Number of Homes Sold in Phoenix AZ in October 2018
Based on October 2018 statistic, we saw 1,352 single family homes sold in Phoenix AZ compare to 1,372 of last year October. That’s about 1.5% decreased of single family home sold in Phoenix compare to a year ago. In October 2018, we saw 61 days on Market (DOM), which are same as last October. It took average about 61 days to sell your home in Phoenix in October 2018.

Median Sold Price of Single Family Homes Sold in Phoenix AZ in October 2018
The median sold price for single family home in Phoenix AZ sold in October 2018 was $270,500. Compare to last year, median sold price in October 2017 was $252,900. The median sold price for single family home in Phoenix has increased about 7.0% from a year ago.

October 2018 Median Sold Price in Phoenix was $270,500
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 October 2018
2018 October average sold price for single family home in Phoenix AZ was $340,743. Compare to last year October at $307,382, the average sold price has increased about 10.9% from a year ago.

There are 26 million dollar listings homes sold in October 2018.

October 2018 Average Sold Price in Phoenix was $340,743
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 October 2018 was $167.00 per square feet.

Average sold price per square feet in October 2018 was $167 per square feet
Click here to view Homes for Sale in Phoenix Under $150 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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