Average Home List Price Up in Arizona

Optimism is in the housing market air!  According to a Realtor.com study median home list prices are up 4.05% across the nation on a year over year basis. The study researched 146 large cities across the United States.   Among the top 10 were two Arizona Cities!

Phoenix/Mesa AZ ranked #2 on the top 10 list for price increases:
Home prices in the Phoenix/Mesa area were reported up 4.46% month over month and 10.54% increase year over year!
Current median price in Phoenix/Mesa is at $164,700.

Tucson AZ ranked #8 on the top 10 list for price increases:
Home prices in Tucson  were reported up 2.41% for both year over year and month over month.
Current median price in Tucson is at $174,000.

Here is a link to the full text/article: Realtor.com Study

With record low rates and signs of increasing prices right now is a great time to buy in Arizona!  Please let me know how I can help!

By Jeremy House

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