PHOENIX is known for its year-round sun and warm temperatures.

The beauty of the PHOENIX Landscape is like no other, which is the reason so many families enjoy living here or are moving into this beautiful area.

How are the PHOENIX home prices doing this month as compared to 2016?

Let’s take a look…..

METRO PHOENIX:

  • Active Listings (excluding UCB): 18,422 versus 20,928 last year – down 12.0% – and down 1.2% from 18,646 last month
  • Active Listings (including UCB): 22,019 versus 24,514 last year – down 10.2% – and down 1.7% compared with 22,403 last month
  • Pending Listings: 5,579 versus 5,782 last year – down 3.5% – and down 1.2% from 5,646 last month
  • Under Contract Listings (including Pending, CCBS & UCB): 9,176 versus 9,368 last year – down 2.0% – and down 2.4% from 9,403 last month
  • Monthly Sales: 7,180 versus 6,875 last year – up 4.4% – but down 3.2% from 7,421 last month
  • Monthly Average Sales Price per Sq. Ft.: $154.62 versus $144.60 last year – up 6.9% – and up 2.7% from $150.53 last month
  • Monthly Median Sales Price: $244,900 versus $225,000 last year – up 8.8% – but down 0.04% from $245,000 last month

Information courtesy of The Cromford Report

If you would like to know the specific averages ($) of the houses in YOUR NEIGHBORHOOD or curious WHAT YOUR HOME IS WORTH, contact me directly at 602-723-9662, and I will provide you with a customized report.

Enjoy our beautiful Valley!