Wednesday, July 2, 2014

Phoenix June 2014 Housing Market Update

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Phoenix East Valley June 2014 Housing Market Update

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June 2014 Real Estate Market Highlight:
  • Active Listing (Inventory) has increased almost double compare to June 2013
  • Median Sold Price has increased slightly in Gilbert, Mesa and Tempe from compare to May 2014
  • Overall Number of Homes Sold is decreased, except Tempe
  • Overall DOM (Days on Market) has increased compare to June 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 (June 2013 - June 2014)
Ahwatukee, Chandler, Gilbert, Mesa, Tempe June 2014 Housing Market Update
June 2014 Market Update & Statistics
Ahwatukee Chandler Gilbert Mesa Tempe
New 148 458 560 640 163
Pending 72 220 326 378 89
Sold 118 355 477 554 128
Current Active 463 1216 1497 1652 371
Median Sold Price compare to last month -2.4% -1.7% +3.7% +4.1% +6.7%

As 7/1/14. 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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