Metro Phoenix’s median home price to hit another record

By Catherine Reagor | Arizona Republic

Metro Phoenix’s median home price hit a record $450,000 in February — and likely soared to $455,000 in March.

Many homebuyers, particularly first-timers, can’t get a break from the Valley’s rising home prices.

Buyers who plan to rent out the homes or just live in them part time are driving the Valley’s housing market to a frenzy.

Those non-primary homebuyers were behind 36% of all home sales in February, according to the latest research from the Arizona Regional Multiple Listing Service’s Information Market group. And 29% of those buyers paid cash.

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.

April 2022
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930