hot market: Latest Update On HOT Phoenix Metro Housing Market
- 05/24/22 08:41 AM
OK, everyone knows the Phoenix real estate market is HOT! (photo: Phoenix Bird- Skylarvision Pixabay) How hot? Well, here we go: 1. The average homeowner has seen their home value go up 27% during the past 12 months. 2. House prices have doubled in the past 5 years. 3. May will be another record median home sold price... based on early contracts expected to be $475,000. 4. Multiple offers continue on most homes priced less than $500K. Usually homes go on the market for the weekend and the best offers are chosen on Monday. 5. Sellers choose the highest price, followed by highest down payment (cash … (1 comments)
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
OK, everyone knows the Phoenix real estate market is HOT! (photo: Phoenix Bird- Skylarvision Pixabay) How hot? Well, here we go:
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