Last month we reported the Phoenix Housing Market had become stable and was on the edge of reverting back to a buyers market. Follow the link to see that detailed report for October 2013. Key indicators show we are still on that path.
Here's a quick summary of the November 2013 Phoenix Housing Market:
5,194 sales, down 885 sales from October 2013 and down 1,652 sales from November 2012. It's also notable this is the lowest sales in any November since 2008.
(History of Phoenix Home Sales)
Price per square foot is $123, or $17 more than last November 2012. The total increase in price
Friday, December 13, 2013
Thursday, December 12, 2013
Condos for Sale in Tempe AZ: 2725 S. Rural Rd
As Tempe realtors we are proud to present Condos for Sale in Tempe AZ. This Tempe condo is close to freeways, ASU and MCC, shopping centers, a hospital, the Orbit route to the light rail and more! Condos for Sale in Tempe AZ are popular and this 2 bedroom 1 bathroom condo for sale in Tempe AZ is no exception.
Condos for Sale in Tempe AZ
Move-in ready with new dual pane windows, updated kitchen with tile back splash, and new counter top. Newer appliances, stainless sink and faucet, and security screen doors on both the front and back doors for great flow through ventilation. Note that
Condos for Sale in Tempe AZ
Move-in ready with new dual pane windows, updated kitchen with tile back splash, and new counter top. Newer appliances, stainless sink and faucet, and security screen doors on both the front and back doors for great flow through ventilation. Note that
Monday, November 11, 2013
Phoenix Housing Market Results for October 2013: Advantage Buyers?
The Phoenix Housing Market has been anything but stable over the last 7 years. That's all been changing over the last few months. Are we headed back to a buyer's market? Let's have a look at the facts.
Inventory is up, demand is down, and foreclosure type properties have evaporated. Our Phoenix Housing Tracker started keeping statistics about 6 years ago. The combination of factors in today's market creates the closest thing to a stable market we've seen during that time.
Let's begin with inventory in the Phoenix Housing Market. 25,000 active listings was the standard for a balanced
Inventory is up, demand is down, and foreclosure type properties have evaporated. Our Phoenix Housing Tracker started keeping statistics about 6 years ago. The combination of factors in today's market creates the closest thing to a stable market we've seen during that time.
Let's begin with inventory in the Phoenix Housing Market. 25,000 active listings was the standard for a balanced
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
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
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
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
Thursday, September 12, 2013
Charming 4 bedroom 2 bathroom Scottsdale home for sale
4 bedroom 2 bathroom homes for sale in Scottsdale AZ listed by Scottsdale realtors Ron and Kristina Wilczek.
This home is located in a wonderful neighborhood and is going to make some family VERY happy. Great curb appeal, wonderfully remodeled bathrooms, an amazing patio, and a backyard complete with Valencia oranges, tangerines, and Ruby red and yellow grapefruit. Let the pictures do the talking then visit this home and send in your offer.
This home offers a great location that is close to downtown Scottsdale, ASU, Tempe Marketplace and Town Lake, and the 101 and 202 freeways. Dual
This home is located in a wonderful neighborhood and is going to make some family VERY happy. Great curb appeal, wonderfully remodeled bathrooms, an amazing patio, and a backyard complete with Valencia oranges, tangerines, and Ruby red and yellow grapefruit. Let the pictures do the talking then visit this home and send in your offer.
This home offers a great location that is close to downtown Scottsdale, ASU, Tempe Marketplace and Town Lake, and the 101 and 202 freeways. Dual
Saturday, July 13, 2013
Phoenix Housing Market Results for June 2013: Sales, Foreclosures, MLS Listings
Home prices in the Phoenix Housing Market took a slight step down in June 2013. After one year of steady increases the price per square foot dropped from $120 in May to $119 in June 2013. The price decrease can be attributed to normal sellers taking slightly less for their homes because foreclosure prices remained consistent.
8,159 homes were sold in the Phoenix Housing Market in June 2013, down approximately 1,300 from May. 79.2% were normal sales and 20.8% were foreclosure type sales (see more details: Phoenix Home Sales and Housing Tracker. Foreclosure type sales are at their lowest
8,159 homes were sold in the Phoenix Housing Market in June 2013, down approximately 1,300 from May. 79.2% were normal sales and 20.8% were foreclosure type sales (see more details: Phoenix Home Sales and Housing Tracker. Foreclosure type sales are at their lowest
Friday, July 5, 2013
3 bedroom 2 bathroom homes for sale in Gilbert AZ 85295
3 bedroom 2 bathroom homes for sale in Gilbert AZ listed by Gilbert realtors Ron and Kristina Wilczek.
We are proud to present this recently renovated home in a fantastic Gilbert location close to freeways, shopping, entertainment, a community park, a hospital, and the Gilbert Temple!
Walk through a courtyard and into this charming 3 bedroom 2 bathroom home for sale in Gilbert AZ that's ready for the owner who can appreciate newly installed, upgraded granite counter tops and travertine-like porcelain flooring with 1/8'' grout lines that adds to it's beauty. Enjoy the
We are proud to present this recently renovated home in a fantastic Gilbert location close to freeways, shopping, entertainment, a community park, a hospital, and the Gilbert Temple!
Walk through a courtyard and into this charming 3 bedroom 2 bathroom home for sale in Gilbert AZ that's ready for the owner who can appreciate newly installed, upgraded granite counter tops and travertine-like porcelain flooring with 1/8'' grout lines that adds to it's beauty. Enjoy the
Saturday, June 29, 2013
Homes for Sale in Tempe AZ offered by Tempe Realtors in June 2013
3 bedroom 2 bathroom homes for sale in Tempe AZ listed by Tempe realtors Ron and Kristina Wilczek.
We are proud to present this charming home that is in a fantastic Tempe location close to freeways, ASU and MCC, a city park, shopping centers, a hospital, the Orbit route to the light rail and more!
This 3 bedroom 2 bathroom homes for sale in Tempe AZ has high grade carpet, tile counter tops, exposed brick interior walls, and a sky light that all add up to a very charming house. Exterior features include mature tree and a Tuff Shed that can be a workshop or motorcycle garage. This
We are proud to present this charming home that is in a fantastic Tempe location close to freeways, ASU and MCC, a city park, shopping centers, a hospital, the Orbit route to the light rail and more!
This 3 bedroom 2 bathroom homes for sale in Tempe AZ has high grade carpet, tile counter tops, exposed brick interior walls, and a sky light that all add up to a very charming house. Exterior features include mature tree and a Tuff Shed that can be a workshop or motorcycle garage. This
Monday, June 10, 2013
Phoenix Housing Market and Inventory Tracker Report May 2013
Home prices in the Phoenix Housing Market have increased again, this time by $4 per square foot to $120 in May 2013. This is becoming old news because the Phoenix real estate market has been experiencing this trend since March 2011 when the average price per square foot was $77. Low housing inventory and near normal foreclosure levels continue to be the cause.
The Arizona Regional Multiple Listing Service recorded 9,444 homes sales in the Phoenix Housing Market making it the 4th consecutive month home sales increased. The last time home sales were over 9,000 in our real estate market was
The Arizona Regional Multiple Listing Service recorded 9,444 homes sales in the Phoenix Housing Market making it the 4th consecutive month home sales increased. The last time home sales were over 9,000 in our real estate market was
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