Phoenix area home prices flat in January

by John Wake on March 7, 2010

All 124 zip code real estate charts available in the right-hand column have now been updated through JANUARY 2010 with the number of home sales, the median home price and the median home price per square foot.

Video Comments - Phoenix median home prices by zip code through January 2010

Phoenix home PRICE trends - Continued flat

Despite January usually being the weakest month of the year for home prices, prices remained generally flat in January. In some areas the price trend is clearly up.

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ken44 03.08.10 at 11:48 am

All things considered flat is good.

These days with maybe 40% of properties being bought by investments (who likely plan to re-sale at a later time) it’s going to take at least another two years before the Phx metro inventory really begins clearing.

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