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The Barton Group Metro Phoenix Market Update in June 2016

By
Real Estate Agent with Barton Group AZ - HomeSmart

Tina Barton | 480.242.3079  | thebartongroup@gmail.com

1659 S Sycamore, Mesa AZ

Homebuyer Demand Drive Up Valley Home Prices

Summary:  Phoenix MetroReal Estate Market Update for the month of June 2016

Sales are great. 8,676 units sold, +4.6% month-over-month, +4.3% year-over-year

Prices and values on their way up. Median home price rose to $235,000, up from $215,000

It takes less time to sell your home. 77 days on the average, -4 days vs last year,  -1 day month-over-month

If you are a buyer, there is more competition, the great news is mortgage rates remain low!

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Blended statistics will not be as accurate as a more detailed report as market conditions vary per area. If you are thinking of buying or selling a home in the SouthEast Valley AZ area: Mesa, Gilbert, Chandler, Queen Creek , contact us to see how statistics impact the neighborhood where you are considering selling or buying. 

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