Phoenix-area home prices continue to rise - Ahwatukee Foothills News: Money

default avatar
Welcome to the site! Login or Signup below.
|
||
Logout|My Dashboard

Phoenix-area home prices continue to rise

Print
Font Size:
Default font size
Larger font size

Related Stories

Posted: Wednesday, June 6, 2012 9:45 am

Phoenix-area home prices continue to rise, but a short supply of available homes is causing the amount of activity in the market to fall. A new report from the W. P. Carey School of Business at Arizona State University gives an update on the hard-hit housing market of Maricopa and Pinal counties, as of April:

• The median single-family home price is up 25 percent from a year ago.

• The overall supply of homes for sale is down 54 percent from last April.

• The number of single-family homes sold this April was down 11.5 percent from last April, largely due to the lack of supply.

Anxious Phoenix-area homeowners will be relieved to see the median single-family home price in the area went up 25 percent, from $112,000 to $140,000, between April 2011 and April 2012. The average price per square foot went up 16.5 percent in the same timeframe. However, the new W. P. Carey School report indicates we could be seeing even more activity, if more homes were available for sale.

Orr’s full report can be viewed at http://wpcarey.asu.edu/finance/real-estate/upload/Monthly-Report-201205.pdf. More analysis is also available from knowWPCarey, at http://knowwpcarey.com.

More about

More about

More about

  • Discuss

Buddy Ryan, Combative Defensive Genius, Dies at 82

Buddy Ryan, pro football’s famously combative defensive innovator who helped propel the Jets and the Chicago Bears to Super Bowl championships…

Published: June 28, 2016 - 8:17 am @ http://www.nytimes.com/2016/06/29/sports/football/…

Former Arizona Cardinals coach Buddy Ryan dies at age 82

Former Arizona Cardinals head coach Buddy Ryan has died. He was 82 years old. Ryan, who was known for delivering the memorable line, "You've g…

Published: June 28, 2016 - 7:16 am @ http://www.abc15.com/sports/sports-blogs-local/for…


Three Strategies to Beat the NRA

Gun safety advocates who until now have relied largely on traditional lobbying need to broaden their strategy to include partnerships with gun…

Published: June 28, 2016 - 6:47 am @ http://www.alternet.org/right-wing/three-strategie…

Get Your Kids To Move!

By Jacob Gerdes, Arizona State Nutrition Communications Student Children are growing up in a time where they are given more and more opportuni…

Published: June 28, 2016 - 6:28 am @ http://fillyourplate.org/blog/get-your-kids-to-move/

Activists reveal more dark-money donors to campaigns against unions and schools-funding tax

The campaign for extending a schools tax on high-income Californians kicked off this week with the release of undisclosed donors involved in f…

Published: June 28, 2016 - 5:46 am @ http://www.latimes.com/local/education/la-me-edu-c…

Arizona's Barrio Cafe No. 1 Mexican restaurant in U.S.

Tabelog, an online community for food lovers across the country, released their top 10 best Mexican restaurants in the United States. At the t…

Published: June 28, 2016 - 5:17 am @ http://ktar.com/story/1141999/tabelog-arizonas-bar…

Zoos Should Set the Tigers and Gorillas Free, and Save These Critters Instead

Black-footed ferrets once thrived on the North American prairie, with an estimated 5 million animals occupying some 100 million acres of land …

Published: June 28, 2016 - 4:45 am @ http://www.slate.com/articles/health_and_science/s…

Phoenix fire crews are on the scene of a large house fire in Laveen

Nearly 50 firefighters battled a large house fire in Laveen. According to Phoenix fire crews, the 3700 square foot home is a total loss. The h…

Published: June 28, 2016 - 4:27 am @ http://www.abc15.com/news/region-west-valley/lavee…

Check your pockets! $1M lottery ticket sold in Phoenix area

PHOENIX — Someone in the Phoenix area became a lot richer over the weekend. The Arizona Lottery has announced that a Mega Millions ticket wort…

Published: June 28, 2016 - 2:26 am @ http://ktar.com/story/1144660/check-your-pockets-1…

Facebook

ahwatukee.com on Facebook

Twitter

ahwatukee.com on Twitter

RSS

Subscribe to ahwatukee.com via RSS

RSS Feeds

Spacer4px

Most Popular

Online poll

Loading…