Housing report: Numbers show steady gains in metropolitan marketplace

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By Terrance Thornton | Scottsdale Independent

As the population boom continues to unfold in Maricopa County, the Phoenix metropolitan housing market is on even footing and economic indicators suggest good times are here to stay, experts speculate.

Over the last 12 months, the median sale price for single-family homes in Maricopa County, which is $268,347, is up 8.8 percent while active listings are down 22.1 percent and closed sales are down 3.7 percent, according to data provided by the Scottsdale Area Association of Realtors.

Over the last 12 months there have been 120,621 active listings throughout Maricopa County — including the municipalities of Scottsdale, Phoenix and the Town of Paradise Valley — of which 54,567 of those sales have been closed, numbers show.

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