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March 2012 Real Estate Market, Phoenix Arizona

By
Real Estate Broker/Owner with Phoenix AZ Horse Property AZDRE#BR634533000

 

 

 

 

March 2012 Real Estate Market, Phoenix Arizona

 

 

As of 3/1/2012, Phoenix Arizona Home inventory is down and price per square foot has only increased to 2010 levels.   A slight decrease in salesis at least partially due to the reduced inventory. Market changes for Single Family Detached homes are charted here.

 

March 2012 Real Estate Market, Phoenix Arizona

 

The average price for a Phoenix Arizona Home last month was $145,813.00 The 1979 home below is priced at $145,000.00 and is a 1430 SF 3/2/2 home, in highly desirable Ahwatukee.

 

 March 2012 Real Estate Market, Phoenix, AZ

 

You may View All the  MLS listings for Phoenix Arizona or Phoenix Horse Property only at these links.  

 

 

 

Data and images courtesy of The Cromford Report and ARMLS

 

 

 

Steve Vennemann-Hennepin-Dakota-Anoka contract for deed property-Ramsey-MN
BoardWalk Premier Realty INC - White Bear Lake, MN

thanks for the info and updates

Mar 06, 2012 08:46 AM
Karen Hawkins, MBA - Langley & Surrey, BC
Royal Pro Real Estate Network - Langley, BC

Seems likes overall Phoenix is still working through their recovery, Marge - but with inventory down, what are those buyers going to do? Hopefully sellers realize that this is an opportunity to jump the competition!

Mar 09, 2012 01:08 AM