Phoenix AZ Real Estate Housing Market Report - December 2021
By Troy Erickson AZ Realtor (602) 295-6807, Your Chandler, Ahwatukee, and East Valley Realtor
(HomeSmart)
Here is the most recent Phoenix AZ Real Estate Housing Market Report for December 2021: After a slight decrease in the average sales price of Phoenix homes last month, the average sales price markedly increased in December reaching a new all-time high of $539,734. The average sales price of Phoenix homes continued its upward trend throughout 2021.At the same time, the average sold price per square foot dropped slightly, down from $275/sf in November to $273/sf for December. This is only the second monthly decrease in sold price per square foot since March of 2020 (almost two full years). After reaching a record low of 23 days on market in May and June, days on market for Phoenix homes has increased for the sixth straight month and is now up to 33 DOM for December. Even though days to ...
Comments
0