Arizona Real Estate Notebook

The conclusion is the number of homes sold in metro Phoenix in May was HUGE… but prices continued to drift a bit lower in many zip codes. Video Comments on May Home Sales in Phoenix The laws of economics haven’t changed, higher sales will lead to higher prices, it’s just the lag time between cause [...]

124 zip codes updated with February 2011 data. No rebound in median zip code prices seen but I expect a strong rebound in March. We’ll see soon enough. I see some anomalies by overlaying two zip codes on top of each other. (It’s an in-house analysis tool that is not available on this website.) If [...]

You don’t need anything else to see what’s happening with the real estate market in your Phoenix area zip code. I might do a video tutorial later on what the new data shows. I might not. All 124 Phoenix area zip code real estate charts available in the right-hand column have now been updated through [...]

See the latest trends in actual home price appreciation – not median home prices – through May 2010 using data from Karl Guntermann of ASU. It’s nice to see someone else think we won’t see a double dip in Phoenix home prices overall. I was feeling a little bit out on a limb there. Highlights [...]

Looking at actual home price appreciation – not median home prices – we see in the last few months through April 2010, according to Karl Guntermann of ASU; By Region. Generally, prices were flat in Phoenix and the West Valley while prices fell in the East Valley. By Sale Price. Prices of lower priced homes [...]

Many zip codes seem to me to be safe to buy in because home prices have fallen so low that a lot of homes are selling. (Watch the video.) It seems the market kinda likes the current prices. Video – Phoenix median home prices by zip code through May 2010 Your browser cannot play this [...]

(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Phoenix Real Estate Market Analysis In May, the median single family home sold price in the Phoenix area MLS [...]

(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Video Analysis Price (green line) In February, the median single family home sold price in the Phoenix area MLS [...]

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 – [...]

Looking at actual home price appreciation, not median home prices, we see in the last few months of 2009 (through November); Appreciation returning to Glendale, Continued depreciation in Scottsdale / Paradise Valley, and An end, more or less, to the home price depreciation in the other cities shown. Click on Graph Carl Guntermann at ASU [...]

(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Video Analysis Price (green line) After its surprise jump from $118,000 in April to $135,500 in September, the median [...]

(“MLS Listings” are measured at one point in time, usually the 15th day of the current month. “Median Price” of homes sold and the total number of home “MLS Sales” are for the entire preceding month.) Price (green line) After increasing amazingly strongly from $118,000 in April to $135,500 in September, the median price in [...]

Carl Guntermann at ASU uses a modified Case-Shiller statistical technique to look at home price appreciation within metropolitan Phoenix. Case-Shiller only look a home price appreciation in metropolitan Phoenix as a whole. Click on Graph