This is the Phoenix 5 Bedroom Homes for Sale 2016 Year End Recap. Five Bedroom or larger homes for sale in Phoenix are a very popular home size. These larger homes are perfect for growing families or families with a multi-generational living situation as well those wanting a media/craft room. Many home buyers today also need space for a home office or two. Whatever your needs are in a 5 bedroom home for sale in Phoenix we'll be able to find that perfect home for your family. You'll want to take a close look at Phoenix 5 Bedroom Homes For Sale 2016. For your convenience there is a link below for homes with pools and without pools.
Phoenix 5 Bedroom Homes 12 Month Market Trending Chart
Phoenix 5 Bedroom Homes For Sale 2016 Year End Recap: There are currently 303 five+ bedroom homes for sale in Phoenix, priced from a low of $225,000 to a high of $3,200,000. There are 83 more five+ bedroom homes under contract and waiting to close and there have been 56 closings of 5 bedroom Phoenix homes this past month.
The 2016 year end stats show there have been 761 - 5+ Bedroom home sales, priced from a low of $265,000 to a high of $7,200,000 with an average price of $625,758. Average days on the market was 103 and the shortest days on market was 1 day. For these 761 homes, the sale price/list price ratio was 97%. As the above chart denotes, we have the lowest amount of active listings at this time. But we do expect the availability of active listings to increase in the next few months.
With constant change in the inventory of Phoenix 5-bedroom or larger homes, if you would like to follow the market, let us help. We'll set up an on going search especially for you, with your own customized web site. You'll be notified as soon as new listings are posted.
And when there is a home you would like to see, please let us know – we’d love to set up a showing for you at your convenience.