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December Market Trends and Demand in Phoenix Arizona Real Estate

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December Market Trends and Demand in Phoenix
Number of Homes Sold: 2,054

+0.8% from last month
-1.1% from last year
Median List Price: $295,000
+1.7% from last month
+9.7% from last year
Median List Price per Square Foot: $163
+1.2% from last month
+9.4% from last year
Average Sale Price-to-List Price Ratio: 98.0%
+0.2% from last year
Average Days Homes Have Been On-Market: 66
+15.8% from last month
-8.3% from last year
Approximate Number of Competing Offers: 2
-6.2% from last month
+66.7% from last year
Approximate Average Down Payment: 28.7%
+37.0% from last month
-14.7% from last year

 

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