March home sales in Phoenix better than February

FEb - MarThe Arizona Regional Multiple Listing Service reports both the number of sales and the Phoenix-area’s median sales price climbed last month from February.

The median home-sale price climbed 3.9 percent to reach $187,000, and monthly home sales are up nearly 23 percent in March compared with February.

Demand, however, is 25 percent below normal this year, according to an analysis.

Information from The Arizona Republic

Continued: 

If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com

 

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