Phoenix housing prices set new records, creating challenges for home buyers

By Jason Barry | AZ Family

Phoenix just set another record for home prices, as the median home price hits $359,300 and climbing.We look at which zip codes have seen the biggest jump in home value over the past year.

PHOENIX (3TV/CBS 5) – Janna Stults and her family live near Seattle, but they’re looking to move back to the Phoenix area. The only problem – home prices are skyrocketing and they cant find anything they can afford.

“Seeing a price increase of $75,000 over a period of 8 weeks is very excessive to me,” said Stults. “We have some money we saved for a down payment, but we are quickly getting priced out of certain areas.”

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.