Phoenix Area Real Estate UpdateStatistics from September 2016East Valley Cities Median Price Chart 4/16 5/16 6/16 7/16 8/16 9/16 Chandler$253K $270K $279K$260K$273K$265K Gilbert$275K$275K$280K$280K $285K$292K Mesa$199K$210K$209K$210K$220K$216KScottsdale$399K$415K $404K$390K$389K$394KTempe$248K$250K$240K $248K$240K$250KFor more charts and graphs check the How's The Market section of our websiteMetro Phoenix housing market - from worst to almost firstPhoenix has gone from being one of the worst housing markets to one of the best in less than a decade. The Valley landed at No. 2 on Bankrate.com's list of the top U.S. cities for homeowners. Read MoreSellers flee high priced states for affordability in ArizonaMore home owners are making a move from some of the priciest housing markets, like California, and moving to lower-cost areas, like Arizona.Read MoreFeatured HomeGreat value in prime Warner Ranch location4 BR, 2.5 BA, 2681, brand new paint and flooringCall for details (480) 598-8800Take virtual tourSpread the message: equity is growingHomeowners, on average, saw a gain in equity of $11,000 last year. Since 2011, the value of the nation's single-family housing market has gone up 40 percent.Read MoreView all Valley homes for sale, pending and recently sold1 in 10 may be missing out on mortgage savingsMost borrowers have refinanced to take advantage of low rates, but, strangely more than 1 in 10 have not. These borrowers have rates above 5 percent, while the rest of us sit around 3.5%.Read More
