Phoenix is one of the top 5 fastest growing metro areas in the country. Renting and buying are both becoming much more expensive, with a 6% rise in home prices so far this year (compared to last year.)
If you want to know how your house is doing, just fill out this form.
Here are the latest market stats and commentary from ARMLS, the Arizona Regional Multiple Listing service!
Additionally, here is a great article from the Arizona School of Real Estate newsletter.
For Sunnyslope in particular, these are the stats:
- 137 (was 333) Homes on the market
- 171 (was 121) Under Contract (UCB or Pending)
- 111 (was 98) Closings in the last 30 days [2019: 1,291 for the year]
- Least expensive sale 60K (was 100K) (condo)
- Most expensive sale $951,000 640 W Echo Ln [2019: 1.75MM]
- Average sale $326,272 (was $312,292) [2019: $318,810]
- Average sale $326,272 (was $312,292) [2019: $318,810]
- Average size 1684 (was 1,639) square feet [2019: 1692]
- Average size 1684 (was 1,639) square feet [2019: 1692]
- Average days on the market: 75 (was 53) [2019: 66]
- 2019: 796 single family, 493 condo / townhouse [PHX: 17,443/4,613]
