Phoenix Arizona Real Estate Market Report February 2011

www.phoenixpropertyshoppe.com

Phoenix Arizona has been seeing a huge increase in homes sales, especially in the under $200,00 price range. Inventory is tight and many homes have muliple bids in the lower price range.  Many sales are either foreclosures or short sales. Picture below is a typical Phoenix Arizona home for sale.

www.phoenixpropertyshoppe.com

$445,000
3 bedrooms, 3 baths
2893 square feet
Built in 1986

 

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Anna Banana Kruchten Phoenix Real Estate

Anna 'Banana' Kruchten
Owner/Broker, CRB, CRS, GRI
ADRE Certified Real Estate Instructor

Phoenix Property Shoppe
602-380-4886
 

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This post has been included in Arizona Real Estate News Maricopa County, AZ Real Estate News Phoenix, AZ Real Estate News Moon Valley (Phoenix, AZ) Real Estate News
Post is included in group: BananaTude
Post is included in group: Market Reports
Post is included in group: Market Updates
Post is included in group: Phoenix Arizona Real Estate
Post is included in group: Posts to Localism

11 Comments on Phoenix Arizona Real Estate Market Report February 2011

MAR
09
409,618 Points 2 Featured Posts

Some good numbers there. Hope you continue to have rising sales

6:13pm • #1
902,323 Points 51 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Talk about some FUN stuff! Those numbers are excellent, Mrs. Banana! :)))

6:41pm • #2
167,745 Points 4 Featured Posts Outside Blog

That's alot of homes for sale!  I wonder if they all look as pretty and perfect as the one you posted here...

11:12pm • #3
MAR
10
1,178,680 Points 87 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

A large town with a big inventory, but an active market as well. That ranch is a very comfortable looking home. May the buyer see this blog as ask you to sell it to them.

8:05am • #4
104,397 Points 11 Featured Posts Called Shot Master

Nice ranch - I hope it sells fast. I love your visual part of the report! Have a wonderful day.

8:45am • #5
1,003,510 Points 117 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

A lot of inventory, but there are sales and pendings!  Good.   When I see photos of a nice blue sky, and a lovely home . . . I want to buy in Phoenix!!  LOL  Looking out, it's rainy and cold today!  LOVE the warmth your area provides!!

12:14pm • #6
1,144,275 Points 124 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Stan....we're hoping so as well.

Joni.....getting better!

Brenda - most do!

Ed - our inventory isn't as big as it used to be.  We're down under 6 months supply - not much but it's going in the right direction.

Thanks Elizabeth - excell!

Carla - it's gorgeous here, in the 80's today. I'm looking out my office window and it's so pretty! Flowers are blooming and I think it's lunch outside somewhere today!

3:18pm • #7
125,466 Points 1 Featured Post Outside Blog Called Shot Master

Great chart, very creative & unique, That looks like a great Phoenix property

5:22pm • #8
MAR
13
509,327 Points 49 Featured Posts Localism Sponsor Outside Blog Hit Router Called Shot Master

Looks like a healthy absorption rate...that is a lot of inventory though.  In my "main" market, we have about 750 homes active; only 59 sold...not such a great absorption rate!!

8:50pm • #9
1,144,275 Points 124 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Brian....thanks!  It is a very nice home!

Cindy - hey you, what are you doing online over vacation!!!  Go play in Florida!!

9:08pm • #10
471,349 Points 18 Featured Posts Localism Sponsor Hit Router Attended Rain Camp Called Shot Master

Anna--I am embarrassed to admit that I have yet to do market reports.  It is the formalt holding me back.  Yours is the most unusual I have seen and I love it.  I guess I can dare to be different and still get the information out to those who want it.  Love this market report for Phoenix, AZ real estate!!

9:32pm • #11

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Anna 'Banana' Kruchten - Phoenix Real Estate Broker,CRS 602-380-4886 (Phoenix Property Shoppe) Ambassador_large

Anna 'Banana' Kruchten - Phoenix Real Estate Broker,CRS 602-380-4886

Phoenix, AZ

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