Market Snapshots – Oct 2018

Metro Phoenix housing market continues doing well. All indicators are positive except the inventory getting lower.

  • Median Home Sales Price : $261,000 up 6.53%
  • Median Price per Square Foot : $151.00 up 7.86%
  • Sold above Asking Price : 16.4% up 3.8%
  • Median DOM : 41 down 4.65%
  • Inventory : 2.6 Months down 7.14%
  • Monthly Home Sales : 6,961 down 4.5%
  • New Listings : 8,211 down 8.5%

All % of changes are compared to Oct 2017.

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