Metropolitan Phoenix Market Update January thru March 15, 2017

From January 1 thru March 15, 2017 shows that nearly 15,000 properties have sold in Maricopa County (Metropolitan Phoenix and surrounding cities).

Sellers are received approximately 95% of the asking price.  

Compared to the prior 12 months, the market values have increased 6.4% on average but the time on market to sell is down 5.6%, so while the home values have increased, it takes a little longer to sell.

 

Total Total Total Volume Sold   Average List Price  Days on Market Total Sold Volume     Average Sold Price Percentage of Sales price sold to List Price
Sold 14,769 $4,507,251,922   $305,183 70 77     $297,267 94.71%   
                       

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