By Brock M. Blasdell | AZ Big Media
The median home price of the average single-family home in Arizona has been increasing drastically over the past several years. Since 2015, the Arizona housing market has seen the median closing sale price increase from $211,000 to an astonishing $350,000.
While many native Arizonans angrily profess to being priced out of a home in their own state, many more have attributed, vindictively, one source for this issue: their Californian neighbors.
The idea is this: In a booming housing market the only people who can afford the higher and higher prices being asked are people with high incomes moving in from out -of -state. In much the same way that Arizona’s changing political demographics and ever-increasing freeway traffic are associated with people from the golden state, Californians are also being attributed with the widespread bidding wars happening for mid-range Arizona homes.