Friday, March 14, 2014

January Housing Report for Greater Phoenix

Report by Michael J. Orr , Director
Center for Real Estate Theory and Practice
WP Carey School of Business
Arizona State University

March 4, 2014




For the complete report, click HERE.

Valley's most expensive home sales

Source: The Republic/ azcentral
Article researched by:  John McLean
3/14/14

A professional golfer, an Oklahoma real-estate investor, the former CEO of Crocs Inc. and the CEO of Fortune 500 company Avnet Inc. are among the buyers and sellers in this week’s priciest home sales. 

Prices for these homes ranged from $2.1M to $5.2M.

For the complete article, click HERE.

Phoenix-area median home prices jump in 2013

Source:  The Republic/AZCentral
3/14/14

Phoenix
Overall, Phoenix saw its median price jump by 31.1 percent from 2012 to 2013.
Every ZIP in Phoenix saw at least a 5 percent or more increase in its overall median price from 2012 to 2013. More than half saw increases of 25 percent or more.
Scottsdale/Northeast Valley
  
The pricey Northeast Valley saw consistent gains across the board in its overall median price in 2013 over 2012. Each municipality saw gains of 14.3 to 19.5 percent in its overall median price.
Three ZIP codes in the area saw increases over their 2008 median price in 2013. They're small gains for now (0.8 to 3.4 percent) but it's still an improvement: 85250 in Scottsdale went from $290,000 to $299,990 (3.4 percent); 85251 in Scottsdale went from $275,000 to $280,000 (1 percent); and 85331 in Cave Creek went from $396,730 to $400,000 (up 0.8 percent).
Scottsdale's 85257 saw the biggest increase in overall median price from 2012 to 2013 with a 28.8 percent increase.
Paradise Valley's 85253 continues its reign as top ZIP for overall median price in the Valley at $1,315,000.
For the complete article, click HERE.

Latest Updates at My Website

Paradise Valley Stats

Scottsdale Stats

Luxury Market Report - February 2014

Northeast Valley Report - February 2014

Housing Trends eNewsletter for February 2014

Community Happenings:  There's lots going on here in March and April!   Check out the left sidebar at my website, pookbellini.com, for links to information about the following:

MARCH
CELEBRATION OF FINE ART (1/11-3/23)
CACTUS LEAGUE BASEBALL (2/26 - 3/29)
SCOTTSDALE PARADA DEL SOL RODEO (2/27-3/2)
SCOTTSDALE ARTS FESTIVAL (3/14-16)
ARIZONA BIKE WEEK (Pre-Rally) (3/28-4/1)
MC DOWELL MOUNTAIN MUSIC FESTIVAL (3/28-3/30)

APRIL
PHOENIX FILM FESTIVAL (4/3-10)
ARIZONA BIKE WEEK (4/2-6)
SCOTTSDALE CULINARY ARTS FESTIVAL (4/8-13)
PAT'S RUN (4/26)