Phoenix Median House Price Up 19% in 1 Year & Up 35% in 2 Years

No signs of slowing down yet but...

John Wake here with the latest on the metro Phoenix real estate market. You can send me questions, comments and suggestions by replying to this email.


I’m off to meet a grad school friend we haven’t seen in a hundred years so I’ll make it short this week.

BTW, I have a theory on why inventory could increase a lot faster than people are thinking. Maybe next week I’ll talk about it if I still think it’s a real possibility then.


The Phoenix MLS updated their official data for March.


Click on the graph to go to the full-size, interactive version.

Notice that in 2005, house prices started to peak in June.


Click on the graph to go to the full-size, interactive version.


This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.

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