I just updated the zip code real estate market trend charts with the data for metro Phoenix home sales in March 2011.

I might add comments tomorrow.

Bottom Line

• In most zip codes in metro Phoenix, home sales in March were as strong or stronger than last March — and last year we had the crazy first-time homebuyer $7,000 tax credit. (That program was a phenomenal waste of taxpayer money.)

• Median home prices stabilized in most zip codes in March after having weakened the previous few months.

April 23, 2011 by
 
About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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