Tuesday, June 3, 2014

Phoenix Housing Market Update May 2014

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Phoenix East Valley Housing Market Update May 2014

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May 2014 Real Estate Market Highlight:
  • Active Listing (Inventory) has increased slightly in Chandler and Gilbert compare to April 2014
  • Median Sold Price has increased slightly in Ahwatukee, Chandler, Gilbert and Mesa from April 2014
  • Overall Number of Homes Sold is increased
  • Overall DOM (Days on Market) has increased compare to May 2013
  • Observation: Leading towards Buyer's Market
    • Buyer has more negotiation power to buy
    • Seller has to price competitively to sell
Ahwatukee, Chandler, Gilbert, Mesa & Tempe 
Median Sold Price (May 2013 - May 2014)
Ahwatukee, Chandler, Gilbert, Mesa, Tempe 2014 Housing Market Update
May 2014 Market Update & Statistics
Ahwatukee Chandler Gilbert Mesa Tempe
New 162 569 652 726 155
Pending 71 243 346 424 93
Sold 126 338 435 566 132
Current Active 472 1182 1547 1693 355
Median Sold Price compare to last month +6.5% +4.7% +0.7% +4.1% -0.4%

As 6/2/14. source armls. Information is deemed to be reliable, but is not guaranteed.

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Keller Williams Realty

15905 S 46th St #160
Phoenix , AZ , 85048
480-721-6253

Swee Ng, Realtor Keller Williams Realty Sonoran Living specialty in Residential Resale, First Time Home Buyer and Investment Homes.
Communities served: Ahwatukee, Chandler, Gilbert, Mesa, Tempe and surrounding areas.

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