The National Association of Realtors (NAR) releases statistics on state-by-state existing-home sales and metropolitan area median home prices each quarter.
Locate the latest quarterly median home prices for your market, as well as the percentage change from the previous quarter, using this interactive map.
Here in the greater Phoenix metropolitan area, the median price of a single family home is now approximately $185,000 and for a condo the median price is $158,000. However, the 7-year Housing Equity Gain $63,900 and the 9-year Housing Equity Gain $76,600. If you have owned your home for more than 5 years, you would have gained a significant equity in your property.
When looking to buy and/or sell, or know of anyone that is, feel free to contact us.
Gary Scott -Realtor®, GRI - - Claudia Scott -Realtor®, GRI , e-PRO
Call Toll Free at 866-464-2140
or
e-mail -Garyandclaudia@cox.net
www.AZ-real-estate-sales.com
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