Good News! House Prices Continue to Rise in Phoenix, Arizona

 

Jen Wehner Top Producing Scottsdale Real estate Agent

How to choose the BEST Realtor in Phoenix CLICK HERE

Buyers Demand overshadows the supply of homes

Currently, there is not a strong flow of new home listings that are being put on the market, hence house prices continue to rise in Phoenix and Scottsdale.

What exactly does this mean?

House Prices have continued to escalate due to drop in supply of homes being newly listed.  Prices have climbed for all homes in Phoenix.  Take a look:

Single Family Homes                       Median 4             Median $             %

                                                                 Nov 2012             Nov 2011             Change

New Home Sales                                $238,791              $219,945              +8.6%

Normal resales                                   $178,250              $159,900              +11.5%

Investor flips                                        $157,000              $129,900              +20.9%

Short Sales & pre-foreclosures        $135,000              $110,000              +22.7%

Foreclosure homes by lenders       $135,000              $ 95,949                +40.7%

Fannie Mae & Freddie Mac               $145,000              $103,000              +40.8%

Foreclosure resales

HUD foreclosure resales                  $115,000              $ 72,5000             +58.6%

Auction Foreclosure homes             $118,450              $ 85,800                +38.1%

All Sales                                                $162,500              $120,000              +35.4%

 

Jennifer Wehner, Top Producing Scottsdale Realtor

How to Choose the BEST Scottsdale Realtor CLICK CHERE

What should you do?

Speak to a knowledgeable Realtor who knows the rising prices in the Arizona housing market and is up to date with the current Phoenix Home Sale Trends.  An experienced  active, and top producing real estate agent such as Jen Wehner can assist you in this unique market, which may seem confusing.

As house prices continue to rise in Scottsdale, Jennifer Wehner has constantly kept current, on a daily basis, with all aspect of this changing market.  Now is an exciting opportunity to list your home for sale.  Jennifer is the right choice to partner with to get the most financial gain for your property.

Jennifer Wehner is a Top 1% Producing Scottsdale Realtor and The Best Real Estate Broker in Phoenix.  Jennifer would be thrilled to answer any questions you may have about this current Phoenix Housing Market that is occurring right now!

Do not hesitate to pick up the phone now – Jen Wehner awaits your call!   480-748-6925 DIRECT or click here to contact Scottsdale AZ Realtor

Best Scottsdale Real Estate Agent

Best Scottsdale Real Estate Agent