August 2014 Phoenix Housing Market Update

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Phoenix East Valley August 2014 Housing Market Update

Posted on September 2, 2014

August 2014 Real Estate Market Highlight:

• Active Listing (Inventory), except Gilbert has Decreased compare to July 2014
• Median Sold Price has Decreased slightly, except Chandler compare to July 2014
• Overall Number of Homes Sold is Decreased, except Chandler compare to July 2014
• Overall DOM (Days on Market) has Increased, except Tempe compare to July 2014
• 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 (August 2013 - August 2014)

August 2014 Market Update & Statistics

	Ahwatukee	Chandler	Gilbert	Mesa	Tempe
New	137	390	530	581	127
Pending	63	249	280	388	85
Sold	98	351	398	474	129
Current Active	419	1063	1427	1581	319
Median Sold Price compare to last month	-1.6%	+0.4%	-0.5%	-2.5%	-1.0%

As 9/2/14. source armls. Information is deemed to be reliable, but is not guaranteed.

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Swee Ng

Keller Williams Realty

sweeng@kw.com

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.

Posted in: 2014, Ahwatukee, Chandler, Gilbert, Home Price, Inventory Trends, Market Insider, Market Stat, Market Update, Median Sold Price, Mesa, Phoenix Real Estate Agent, Phoenix Realtor, Price Trends, Tempe