Source: The Lucas Group Blog

The Lucas Group Blog Lucas Group News January 2014

Median Price Graph 7/13 8/13 9/13 10/13 11/13 12/13Phoenix $185K $182K $185K $184K $184K $185KTempe $200K $194K $209K $206K $193K $190KChandler $245K $232K $238K $232K $226K $235K 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 December, 2013 relative to December, 2012:- Active Listings: 22,460 versus 16,644 last year - up 35% -and down 1% from 22,778 last month- Monthly Sales: 5,867 versus 6,990 last year - down 16% -and up 15% from 5,109 last month- Monthly Median Sales Price: $185K versus $153K last year -up 21% - and up from $184K last monthClick here to request the current value of your home Featured HomeWalled in Villa in Tempe 4 bed, 2115 sqft, many features, poolPriced at $300,000More details Phoenix area home sales dip at year endHomebuyer demand in metro Phoenix has backed off during the past few months,either because of a drop in confidence from the government shutdown or the area'srising home prices.Read more Phoenix market shifts back to market coreIn the heart of metro Phoenix's core communities, new houses and condo projectsare in the works on vacant parcels, in half-built subdivisions and in teardown projectsreplacing run-down buildingsRead more What new mortgage rules mean to youNew mortgage lending rules are going into effect that aim to put an end to theworst mortgage lending abuses of the pastRead more Housing market continues expanding, despite challengesThe housing market continues its bumpy ride toward full recovery with more lurches,twists and turns than a roller coaster at the state fair.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

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