Find your zip code in the sidebar and click-through to see the charts updated with April data and the latest week of homes sold.

Look at a few zip codes to see what’s happening in your area.

Conclusion

Metro Phoenix homes sales were very strong in April but metro Phoenix home prices didn’t really move.

If we continue to see such strong sales, we would no doubt see prices start to increase.

The high season, however, is ending so we may not reach the tipping point for stronger prices this year. We’ll see.

Nevertheless, it’s clear the market dynamics have changed… homes are selling… although at very cheap prices in most areas.

May 18, 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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