Saturday, 06 June 2020

January 2017 Phoenix AZ Housing Market Trends Report

Written by Posted On Saturday, 11 February 2017 18:43

January 2017 Phoenix AZ Real Estate Market Trends Report and House Value

Understanding the general direction of the current market conditions for home prices in Phoenix AZ is of vital importance to both buyers and sellers to help you make a more informed decision when buying or selling a home in Phoenix AZ.

Phoenix AZ January 2017 Real Estate Housing Market Highlight:

  • New Listing had Increased 3.2% from January 2016
  • January 2017 Average Sold Price for Single Family Home in Phoenix AZ was $278,301
  • Median Sold Price in January 2017 was $226,350
  • Most expensive homes sold was sold for $4,250,000

Number of Homes Sold in Phoenix AZ in January 2017
Based on January statistic, we saw 1,026 single family homes sold in Phoenix AZ compare to 994 of January 2016. That’s about 2.1% increased from a year ago.

Median Sold Price of Single Family Homes Sold in Phoenix AZ in January 2017
The median sold price for single family detached home in Phoenix AZ in January 2017 was $226,350. Compare to last year, median sold price in January 2016 was $210,500. That’s about 7.5% appreciation from a year ago.

2017 January Median Sold Price in Phoenix AZ was $226,350. Click here to view Homes for Sale Under $200,000 in Phoenix AZ

Average Sold Price of Single Family Homes Sold in Phoenix AZ in 2017 January
2017 January average sold price in Phoenix AZ was $278,301 compare to $262,884 a year ago. That’s about 5.9% increased from January 2016.

January 2017 Average Sold Price in Phoenix AZ was $278,301. Click here to view Homes for Sale Under $250,000 in Phoenix AZ
 
January 2017 Phoenix AZ Real Estate Market Trends Report and Home Price by Swee Ng

You might be interested:
Ahwatukee January 2017 Housing Market Trends Report
Chandler AZ January 2017 Housing Market Trends Report
Gilbert AZ January 2017 Housing Market Trends Report
Mesa AZ January 2017 Housing Market Trends Report
Tempe AZ January 2017 Housing Market Trends Report

The statistic indicate that Buyers are paying more for a home compare to 1 year ago.

Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zipcode to zipcode and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.

As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.

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 your dream home now Search and view your dream home now

Rate this item
(0 votes)
VOXEL Agent Marketing

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.