Monday, March 25, 2013

Metro Phoenix real estate now a seller's market

It’s a seller’s market in metro Phoenix real estate, with so few moderately priced houses on the market that typical buyers have to scramble to make a deal.

Last week, about 13,000 houses and condominiums across the region were listed for sale. In 2008, there were four times as many houses for sale in the Phoenix area, according to the Arizona Regional Multiple Listing Service.

Houses, particularly those priced below $200,000, are selling faster than they have since mid-2006, at the peak of the housing boom. The typical house now sells within 72 days, almost half the time it took five years ago.

Read more: Metro Phoenix real estate now a seller's market

1 comment:

  1. It is a nice information. Real estate is very in-demand now a days and there's a lot of people now have a chance to invest here. Thanks for sharing this wonderful information.

    Arizona realtors

    ReplyDelete

Real Estate News