Video: Real Estate Community Tour for 85012 (Phoenix, AZ)
See Real estate community tour for 85012 (Phoenix, AZ)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was up 10% from one year earlier, and down 6% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month. Compared to last year, the average number of days units spent on the market before being sold was up 77%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 490-thousand dollars. The number of units sold decreased 21% year-over-year, and increased 22% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.