We are seeing a bit of reduction in overall supply of homes for sale in the Phoenix Metro Area by about 4% but a 22% increase in homes for sale priced between $175,000 and $200,000. Homes that went under contract increased by 2.5% compared to same that last year. In...
New Listings Under $300,000 Down 10% in October Average Sales Price per Square Foot Up 8% For Buyers: October was a disappointing month for new active listings under $300,000. Normally October is a good month to buy as there is a boost of new listings without an...
The biggest increase in demand is within the $200,000-$300,000 price range, which had a 35% increase in listings under contract heading into October and only a 4.2% increase in supply. In the market to buy a home or a property in Phoenix: Supply has not been growing...
Of all homes purchased or refinanced during the first quarter using a mortgage / home loan, in the Phoenix Metro area, millennials made up 26%, with 22% in Tucson and 31% in the Yuma area in Arizona. According to the Cromford Report, Ellie Mae has introduced what they...
Here is the Phoenix housing pricing update compared to the how prices fared in March. Prices of sold home on the average increased in April of 2016 but just slightly to $140.06 per square foot as compared to $139.99 in March 2016. According to The Cromford Report,...
Listings Under Contract Up Nearly 9% from Last Year Monthly Median Sales Price Up 6% from Last Year 50% of Monthly Sales Over $211,900 If you are looking to buy a home in the Greater Phoenix Area We are in the heat of buyer season in the Phoenix Metro area. If you...
