Saturday, October 12, 2013

Phoenix Housing Market approaching normal status: Sept 2013

The Phoenix housing market appears to be approaching what we could call a normal and balanced market.

Right now you're probably thinking: "What did he just say?"

Forget what you read in the newspaper and hear from the media about the Phoenix housing market. Instead, consider the following facts:

inventory is over 20,000 properties for the 1st time in 2 years (see Phoenix home listings report)
demand for homes in the Phoenix housing market is cyclically down this time of year with ~ 6,350 sales in September 2013 (see Phoenix Home Sales)
the price per square foot in September

Phoenix Housing Market and Tracker

Monday, October 7, 2013

Phoenix Housing Tracker

PHOENIX HOUSING TRACKER | HOUSING MARKET PHOENIX
Our Phoenix Housing Tracker was last updated on October 7, 2013 for September 2013 "Sold Homes" and October 2013 Active Homes in the MLS and Housing Market Phoenix.

The synopsis: We have the highest inventory in 2 years as the price per square foot continues to climb while the number of sales has declined for the 4th straight month. We could be headed for a stable market as we approach the lowest selling season of the year!



Clicking on this logo takes you to statistics on the Housing Market Phoenix for average price and price

Phoenix Housing Market and Tracker