Median Price Graph 8/13 9/13 10/13 11/13 12/13 1/14Phoenix $182K $185K $184K $184K $185K $183KTempe $194K $209K $206K $193K $190K $220KChandler $232K $238K $232K $226K $235K $218K Phoenix Area Real Estate Market UpdateFor a charts and graphs overview check the How's The Market section of our website.Real estate numbers for January, 2014 relative to January, 2013:- Active Listings: 24,367 versus 16,440 last year - up 48% -and up 8% from 22,460 last month- Monthly Sales: 4,703 versus 5,709 last year - down 18% -and down 20% from 5,867 last month- Monthly Median Sales Price: $183K versus $155K last year -up 18% - and down 1% from $185K last month Click here to request the current value of your homeLocal home values are up over 75% since the market low. Most homeowners arehappily surprised by the actual value of their home in today's market. Featured HomesBeauty in Ahwatukee Lakewood Area4 bed, 2046 sqft, pool, immaculatePriced at $330,000More detailsChandler Home with Lake/ Mtn Views5 bed, 3517 sqft, many features, poolPriced at $379,900More details Phoenix housing markets tilts in favor of buyersThe number of houses for sale in metro Phoenix has climbed over 40 percent in the pastyear. With many more properties from which to choose, the market is tilting away fromsellers toward people looking to buy.Read more Things to consider in shifting real estate marketGiven some of the recent shifts in the market, here are some important things you should know.Read more Paying down a mortgage early has benefitsNo matter the reason or how it's done, paying down a mortgage more quickly can be asmart move for homeowners.Read more With fewer foreclosures, some investors leave marketThe house-flipping frenzy is over in metro Phoenix, though a few investors are still able tomake it work if they can find the right house.Read More Thinking of buying or selling a home?Go hire yourself a LUCAS!Your Phoenix East Valley Real Estate Resource for 20 Years and Counting(480) 598-8800
