April 25, 2024 11:15 pm
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Thousands of rentals filling in the Valley’s core

Tapestr On Central:phoenixcondokings.comBy Catherine Reagor | The Republic | azcentral.com

Living closer in to be near jobs, restaurants, shopping and light rail is apparently what more metro Phoenix residents want now. And developers are quickly catching on.

Condo sales and prices are climbing faster than single-family or stand-alone houses in the Valley for the first time. Home values in central Phoenix, Tempe and Scottsdale are increasing faster than other parts of the region.

But it’s the rental market that is really leading the area’s infill charge.

Continued:

Related: Chandler’s Fulton Ranch condo project reflects Valley condo market trend/The Arizona Republic

Top 20 Phoenix-area ZIP codes for home-price increases/The Arizona Republic

 

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