home prices rise: Median Home Price $430K Phoenix Metro- Going Up
- 01/27/22 09:15 AM
"We Have Lift Off"! That is what it seems like as median Phoenix metro home prices at record highs are going up also and are expected to reach $430,000 by the end of January 2022. (Photo Rocket: Tarcision from Pixabay) Median House Prices Last 3 Years in Phoenix Arizona Metro $427,000 December 2021 $333,000 December 2020 $290,000 December 2019 Per Catherine Reagor of the Arizona Republic, January 25, 2022, The Valley’s housing market isn’t expected to be as frenzied as it was in 2021, but prices are on track to keep steadily climbing until probably May, according to real estate analysts. The median home price in the Phoenix area hit … (2 comments)
Per Jacob Passy of Market Watch, published May 25, 2021 in Realtor.com, here are "The numbers: Home price gains continue to accelerate, reflecting the significant imbalance between the supply and demand for housing across the U.S.The index of home prices across 20 large cities increased at yearly pace of 13.3% in March 2021, according to the S&P CoreLogic Case-Shiller home price index. On a monthly basis, home prices were up 1.6%." Prices have continued to rise in April and May.
Continuing, “The market’s strength is broadly-based: all … (4 comments)
home prices rise: Phoenix Home Prices Continue to Soar!
- 11/24/20 10:09 PM
Home prices in the Phoenix Arizona metro area continue to soar. Per the MLS home prices are now averaging $334,945 which is still less than many Western cities but were record highs for the third consecutive month ending in October. This price is more for single family detached homes with a garage. The downturn in 2006 are now behind us. What is happening and why are prices increasing? Read on...
8 Reasons For Home Price Increases in Phoenix Metro (Hottest US Market) 1. Population Growth- Per the US Census the Phoenix metro (Maricopa County) is the fastest growing for the third consecutive year with … (2 comments)
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
"We Have Lift Off"! That is what it seems like as median Phoenix metro home prices at record highs are going up also and are expected to reach $430,000 by the end of January 2022. (Photo Rocket: Tarcision from Pixabay)
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