Phoenix East Valley October 2014 Housing Market Trends
Posted on October 3, 2014October 2014 Phoenix East Valley Real Estate Market Trends:
- Active Listing (Inventory), except Gilbert has Increased compare to September 2014
- Median Sold Price in Ahwatukee and Chandler has Increased compare to September 2014
- Overall Number of Homes Sold is Decreased, except Mesa and Tempe compare to September 2014
- Overall DOM (Days on Market) has Increased compare to September 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 (October 2013 - October 2014)
October 2014 Market Update & Statistics
Ahwatukee | Chandler | Gilbert | Mesa | Tempe | |
New | 134 | 396 | 502 | 689 | 137 |
Pending | 55 | 201 | 306 | 380 | 59 |
Sold | 87 | 284 | 348 | 495 | 94 |
Current Active | 424 | 1042 | 1343 | 1612 | 322 |
Median Sold Price compare to last month | +3.6% | +9.1% | 0% | -2.3% | -2.1% |
As 11/3/14. source armls. Information is deemed to be reliable, but is not guaranteed.
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