Phoenix Market Trends - Under Contract - Weekly Ave List Price/Sq Ft

Real Estate Broker/Owner with Phoenix Property Shoppe AZ Broker BR030809000

Phoenix Market Trends - Under Contract - Weekly Ave List Price/Sq Ft

The Metro Phoenix area has gone through significant changes with regard to the Real Estate market.  The chart below indicates that there has been a steady climb with regard to the Weekly Average List Price per Square Foot to a long-time high of $108.00 as of February 2013.  A consistent improvement since the lowest Weekly Average List Price in July 2012 when the price per square foot was $92.94.  There was a slight dip in the months prior to this; however, even this was improvement over the previous low of $80.79 as of September 2011.     

Under Contract - Weekly Average List Price per Sq Ft

With such significant and steady progress, it indicates that there are a lot of opportunities when it comes to the sale of homes in Metro Phoenix.  People are upgrading to bigger homes or maybe buying homes for the first time.  It is a great time in the market because there are a lot of people whose properties were initially negatively affected by the economy that are coming out from that dark 7-year dark cloud and are able to purchase a new home.  Not to mention all of the new buyers that are excited and ready to buy.  


To put it mildly, it is a GREAT time to sell your home.  It is still a strong Seller's market in the Real Estate industry - especially in the Metro Phoenix area - where the values of homes are not only re-establishing themselves, but they are repairing the values of other homes in their neighborhood.  This is great news for all homeowner - however, it is especially great for those who are planning on upgrading or eliminating properties.  Now is the time when you can establish a solid price for your property - and, with the market as it is - homes are being sold to the highest bidder.  


Call Anna Banana today - she can set up a time to review your FREE PROPERTY ANALYSIS REPORT and show you the potential in your property and guide you through the process seamlessly.  With her network of professionals waiting to help - Anna Banana can make sure you get every bit and more for your property as efficiently as possible.  

Phoenix Market Trends - Under Contract - Weekly Ave List Price/Sq Ft

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Phoenix Property Shoppe



Anna "Banana" Kruchten
Designated Broker & Owner

Phoenix Homes For Sale


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Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

The one thing I keep seeing is that the market is moving in a positive direction.

Feb 10, 2013 01:20 AM #1
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Wow the numbers don't lie.  This is a great time to sell in the Phoenix area.

Feb 10, 2013 01:22 AM #2
John & Irma Nelson
San Antonio Real Estate Broker/Agent with Get It Sold Realty - San Antonio, TX
San Antonio Real Estate Agents - San Antonio Homes

I am seeing the same thing here in San Antonio - rising prices and fewer homes - more buyers moving in and if they hesitate the house is gone!

Feb 10, 2013 01:22 AM #3
Christine McDaniel
Coldwell Banker Residential Brokerage Porter Co. - Crown Point, IN
Broker Associate

Wow!  That is one heck of a climb up!!  Looks like your area is in for a great year.

Feb 13, 2013 11:34 AM #4
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