Phoenix November 2014 Housing Market Trends
Ahwatukee, Chandler, Gilbert, Mesa & Tempe
Median Sold Price (November 2013 – November 2014)
Phoenix November 2014 Real Estate Market Trends:
- Active Listing (Inventory), has Decreased compare to October 2014
- Median Sold Price in Gilbert and Mesa has Increased compare to October 2014
- Overall Number of Homes Sold is Decreased, compare to October 2014
- Overall DOM (Days on Market) has Decreased, compare to October 2014
- Observation: Leading towards Buyer’s Market
- Buyer has more negotiation power to buy
- Seller has to price competitively to sell
November 2014 Market Trends & Statistics
| Ahwatukee | Chandler | Gilbert | Mesa | Tempe | |
| New | 109 | 281 | 351 | 554 | 103 |
| Pending | 48 | 166 | 231 | 319 | 60 |
| Sold | 65 | 229 | 331 | 414 | 68 |
| Current Active | 414 | 964 | 1239 | 1592 | 316 |
| Median Sold Price compare to last month | -2.3% | -10.9% | +4.0% | +2.1% | -8.2% |
As 12/2/14. source armls. Information is deemed to be reliable, but is not guaranteed.
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