phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - July 2023
- 08/18/23 11:49 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for July 2023: The average sales price of Phoenix homes has increased after decreasing last month, going from $578,956 in June to $604,959 in July. The average sales price for Phoenix homes in July is still significantly lower than the all-time high of $621,488 that occurred in May of 2022, but it has been on an upward trend in 2023. Click on the image below to read the full article and see what is going on in the Phoenix Arizona real estate market. The average sold price per square foot of Phoenix homes increased … (9 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - May 2023
- 06/23/23 11:18 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for May 2023: The average sales price of Phoenix homes has increased for the 4th straight month after decreasing for 3 months previously, going from $522,613 in January to $593,640 in May. The average sales price for Phoenix homes in May is still significantly lower than the all-time high of $621,488 that occurred in May of 2022. Click on the image below to read the full article and see what is going on in the Phoenix Arizona real estate market. The average sold price per square foot of Phoenix homes also increased for the … (2 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - January 2023
- 02/19/23 09:28 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for January 2023: The average sales price of Phoenix homes has decreased for the third month in a row, going from $555,285 in October to $522,736 to begin the new year. The average sales price of Phoenix homes started the year lower than where it started last January. The average sales price for Phoenix homes in January is significantly lower than the all-time high of $621,488 that occurred in May of 2022. The average sold price per square foot of Phoenix homes decreased for the second straight month. The average sold price per square … (4 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - January 2022
- 02/10/22 10:18 PM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for January 2022: The average sales price of Phoenix homes increased for the second straight month going from $539,734 in December to a new all-time high of $551,699 in January of 2022. The average sales price of Phoenix homes had decreased in January of the previous two years. After decreasing last month, the average sold price per square foot of Phoenix homes increased from $273/sf in December to $283/sf in January of 2022. The Phoenix average sold price per square foot has only decreased in two months since March of … (2 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - December 2021
- 01/13/22 09:56 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for December 2021: After a slight decrease in the average sales price of Phoenix homes last month, the average sales price markedly increased in December reaching a new all-time high of $539,734. The average sales price of Phoenix homes continued its upward trend throughout 2021. At the same time, the average sold price per square foot dropped slightly, down from $275/sf in November to $273/sf for December. This is only the second monthly decrease in sold price per square foot since March of 2020 (almost two full years).
After reaching a record … (0 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - November 2021
- 01/07/22 11:23 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for November 2021: After a nice increase of $21,191 in October, the average sales price of Phoenix homes slightly decreased $1,778 in November bringing the average sales price to $523,062. This is only the third decrease all year, but November has seen a drop in average sales prices in three of the last four years so it is not unusual. At the same time, the average sold price per square foot increased for the fourth straight month, from $274/sf in October to $275/sf in November.
After reaching a record low … (2 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - August 2021
- 09/26/21 11:35 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for August 2021: After decreasing in July, the average sales price of Phoenix homes increased over $5,800, to $510,816 in August, breaking the previous all-time high from June. At the same time, the average sold price per square foot remained the same as in July, at $261/sf.
After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes increased by one day in July and August, and is now up to 25 DOM. Click on the image below to read the full article, and see what … (2 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - July 2021
- 08/23/21 12:08 PM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for July 2021: The average sales price of Phoenix homes decreased over $4,400, to $504,936 in July, after reaching an all-time high in June. At the same time, the average sold price per square foot increased from $257/sf in June to $261/sf in July. After reaching a record low of 23 days on market over the last two months, days on market for Phoenix homes in July increased just one day to 24 DOM. Click on the image below to read the full article, and see what is going on in … (4 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - June 2021
- 07/14/21 10:46 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for June 2021: The average sales price of Phoenix homes increased over $5,500 in June, reaching another new all-time high of $509,398. At the same time, the average sold price per square foot increased from $250/sf to $257/sf in June. After dropping for three straight months, days on market for Phoenix homes in June remained the same as in May, at the record low of 23 DOM. Phoenix home sales jumped to 1,686 in June from 1,595 last month, and sales are 2.8% higher than in June of 2020. The reason … (2 comments)
phoenix homes for sale: Phoenix AZ Real Estate Housing Market Report - May 2021
- 06/15/21 11:56 AM
Here is the most recent Phoenix AZ Real Estate Housing Market Report for May 2021: The average sales price of Phoenix homes increased over $9,000 in May, reaching a new all-time high of $503,819. At the same time, the average sold price per square foot increased from $245/sf to $250/sf in May. Days on market for Phoenix homes went down for the third straight month to a new all-time low of 23 DOM. Phoenix home sales barely increased in May from 1,589 to 1,595, but they are 28.5% higher than in May of 2020. This is mainly due to the COVID-19 pandemic shutting … (2 comments)
Every year, families in Phoenix, the East Valley, and across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s still more affordable to own than rent in most of the country.
There is, however, another financial advantage to owning a home that’s often forgotten … (4 comments)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for July 2023: The average sales price of Phoenix homes has increased after decreasing last month, going from $578,956 in June to $604,959 in July. The average sales price for Phoenix homes in July is still significantly lower than the all-time high of $621,488 that occurred in May of 2022, but it has been on an upward trend in 2023. Click on the image below to read the full article and see what is going on in the Phoenix Arizona real estate market. The average sold price per square foot of Phoenix homes increased … (9 comments)
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