Wow! Phoenix home sales continued to be huge through May and the inventory of homes listed for sale in metro Phoenix continued to tank through mid-June.

But the median home price continues to be essentially flat which I did not expect.

The groundwork has been laid for the median home price in metro Phoenix to start to rise… but when?

Watch the video for my comments on Phoenix real estate market trends.

 

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June 25, 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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