Sunday, 05 April 2020

February 2020 Phoenix AZ Real Estate Housing Market Trends Report

Written by Posted On Thursday, 19 March 2020 13:31
February 2020 Phoenix AZ Real Estate Housing Market Update, Statistics and House Value

Here are February 2020 Phoenix AZ Housing Market Update 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.

February 2020 Phoenix AZ Housing Market Update Highlight
  • New Listings had decreased about 6.2% compare to February 2019
  • February 2020 average sold price for single family home in Phoenix AZ was $350,694, that is about 7.1% increased from a year ago
  • Phoenix single family homes median sold price in February 2020 was $295,000, which had appreciate about 10.4% from February 2019
  • Almost all of single family homes sold in Phoenix AZ in February 2020 are regular sale
  • Most expensive homes sold in Phoenix AZ in February 2020 was sold for $2,950,000

February 2020 Phoenix AZ Housing Update, Statistics and House Value by Swee Ng

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Number of Homes Sold in Phoenix AZ in February 2020

Based on February 2020 statistic, we saw 1,238 single family homes sold in Phoenix AZ compare to 1,108 of last February. That is about 11.7% increased of single family home sold in Phoenix compare to a year ago.

 

In February 2020, we saw 63 days on Market (DOM), compare to 69 in February 2019. It took average about 63 days to sell your home in Phoenix in February 2020.

Median Sold Price for Single Family Homes Sold in February 2020

The median sold price for single family home in Phoenix AZ sold in February 2020 was $295,000. Compare to last year, median sold price in February 2019 was $267,250. The median sold price for single family home in Phoenix has increased about 10.4% from a year ago.

February 2020 Median Sold Price in Phoenix was $295,000
Click here to view Homes for Sale Under $280,000 in Phoenix AZ
 

2020 February Average Sold Price of Single Family Homes Sold in Phoenix AZ

February 2020 average sold price for single family home in Phoenix AZ was $350,694. Compare to last year February at $327,313, the average sold price has increased about 7.1% from a year ago.

February 2020 Average Sold Price in Phoenix was $350,694
Click here to view Homes for Sale Under $325,000 in Phoenix AZ

There are 14 million dollar listings homes sold in February 2020.

2020 February Average Sold Price Per SQFT

The average sold price per square feet for single family home in February 2020 was $185.00 per square feet.

Average sold price per square feet in February 2020 was $185 per square feet
Click here to view Homes for Sale in Phoenix Under $150 per square feet

 

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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