MLS Sales Outperform non-MLS Sales in Frenzy Market Supply Under $200K Down 36% Over Last Year For Buyers: Greater Phoenix ended the 1st Quarter 13% lower in supply, which was not helped by a 2% decline in new listings entering the market. All price ranges are below last year’s level of supply with the exception
March 2018 Phoenix Real Estate Market Report
Median Sale Price up $20,000 over March 2017 17% of Sales are Closing Over Asking Price For Buyers: The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years of consistently landing between 26%-28%, yet another indicator of dwindling buyer negotiating power in a
2018 Coronado Historic District Home Tour
The Coronado Neighborhood Association welcomes you to the 2018 Coronado Home Tour. Once again, we will gather at Coronado Park and enjoy food surrounded by music, a lively street fair and historically modern homes open to tour. This year’s tour will highlight both homes with a preserved history and ones that are fully renovated. Coronado
Willo Historic District Home Tour 2018
30th Anniversary Willo Home Tour Sunday, February 11, 2018 In 2018, the Willo Historic Neighborhood invites residents and Valley visitors to its 30th Anniversary Willo Home Tour. Join for an inside look at some of the unique homes that make up the neighborhood. Willo is Phoenix’s largest historic district consisting of over 900 homes and
February 2018 Phoenix Real Estate Market Report
MLS Sales Over $1M up 36% Inventory Under $150K Down 62% For Buyers: Buyers continue to have a tough time finding inventory on the low end of the market. New listings overall are down 9% year-to-date thus far, which doesn’t help matters. Compared to February last year, inventory under $150K is down 62% and down
January 2018 Phoenix Real Estate Market Report
2017 MLS Sales up 6% over 2016 Over 50% of 2017 Sales Were in this Price Range…. For Buyers: 2018 is not going to be any less competitive for buyers in general. The market is starting out with 14% fewer listings compared to 2017, however there are 35% fewer listings under $200K, a price range
December 2017 Phoenix Real Estate Market Report
23% of Listings Under $200K Sell Over List Price Greater Phoenix Appreciation 6.2% Overall, But Varies For Buyers: There are currently 1,399 normal* single family listings between $100K-$200K in Greater Phoenix and supply levels are not expected to rise in this price range going into 2018. In the last half of 2017, an average of
November 2017 Phoenix Real Estate Market Report
4th Quarter is Good for Buyers! Supply up 11% since August, Down 12% from 2016 For Buyers: The 4th quarter is a good time to be a buyer seasonally. After April or May, buyer activity gradually declines every month with the 4th quarter seeing the lowest level of contracts in escrow. This is typical within
