Thursday, 09 April 2020

2019 Phoenix AZ Real Estate Housing Market Update

Written by Posted On Friday, 17 January 2020 07:49

2019 Phoenix AZ Real Estate Housing Market Update, Statistics and House Value

Here are 2019 Phoenix AZ Housing Market Trends Report for Single Family 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.

2019 Phoenix AZ Housing Market Update Highlight
  • New Listings in 2019 had decreased about 5.2% compare to 2018
  • 2019 average sold price for single family home in Phoenix AZ was $345,547, that is about 6.4% increased from a year ago
  • Median sold price in 2019 was $280,000, which had appreciate about 5.7% from 2018
  • About 99% of single family homes sold in Phoenix AZ in 2019 are traditional sale
  • Most expensive homes sold in Phoenix AZ in 2019 was sold for $4,150,000

2019 Phoenix AZ Housing Market Trends Report, Statistics and House Value by Swee Ng

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Number of Homes Sold in Phoenix AZ in 2019

Based on 2019 statistic, we saw 17,445 single family homes sold in Phoenix AZ compare to 17,190 in 2018. That is about 1.5% increased of single family home sold in Phoenix compare to a year ago.

In 2019, we saw 62 days on Market (DOM), compare to 61 in 2018. It took average about 62 days to sell your home in Phoenix in 2019.

Median Sold Price for Single Family Homes Sold in 2019

The median sold price for single family home in Phoenix AZ sold in 2019 was $280,000. Compare to last year, median sold price in 2018 was $264,900. The median sold price for single family home in Phoenix has increased about 5.7% from a year ago.

2019 Median Sold Price in Phoenix was $280,000
Click here to view Homes for Sale Under $280,000 in Phoenix AZ

2019 Average Sold Price of Single Family Homes Sold in Phoenix AZ

2019 average sold price for single family home in Phoenix AZ was $345,547. Compare to 2018 at $324,909, the average sold price has increased about 6.4% from a year ago.

2019 Average Sold Price in Phoenix was $345,547
Click here to view Homes for Sale Under $345,000 in Phoenix AZ

There are 325 million dollar listings homes sold in 2019.

2019 Average Sold Price Per SQFT

The average sold price per square feet for single family home in 2019 was $177.00 per square feet.

Average sold price per square feet in 2019 was $177 per square feet
Click here to view Homes for Sale in Phoenix Under $150 per square feet

 

Based on the median sold price and average sold price statistic, buyer is paying more when buying single family home in Phoenix compare to one year ago.

Affordable Financing Options Available

Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.

 

Wondering how much house I can afford?

Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.

 

Selling your home in Phoenix Arizona

Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix AZ Home Price 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 House is worth?

 

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

Homes Under $200,000

Homes $200,000 - $300,000

Homes $300,000 - $400,000

Homes $400,000 - $500,000

Homes $500,000 - $600,000

Homes $600,000 - $700,000

Homes $700,000 - $800,000

Homes $800,000 - $900,000

Homes $900,000 - $1,000,000

Homes $1,000,000 - $2,000,000

Homes Over $2,000,000

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

 

Search and view your dream home your way

Receive email alert as soon as a Phoenix property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.

 

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