Median Sales Price Jumps 33 1/3%!

Those selling their homes in Maricopa County during the last quarter of 2012 were smiling all the way to the bank as the median sales price spiked 33 1/3%, compared to the same period in 2011. Additionally, Sellers received, on average, 99.4% of list price in less time (45 days) than in the previous year's last quarter (54 days).

As seemed to be the theme throughout 2012, the overall number of sales declined, due to a lower inventory of homes on the market. For a complete overview of all sales, you can review your neighborhood's performance by clicking this link to Arizona Regional MLS's Marketwatch Report: Local Housing Trend s.

Or, you can review an interactive online map with neighborhood appreciation rates at Arizona Central's website link: Neighborhood Home Values

Whether you're interested in investing in an income property, or moving up to your dream home, the early bird will capture the price point advantage in 2013!

If you have any questions about these or other market statistics, or about purchasing or selling a home, I would welcome the opportunity to assist in any way I can.

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CPA Advantage Realty, LLC
10049 E. Dynamite Blvd. D140 • Scottsdale, AZ 85262
Phone: (480) 889-2525 • Fax: (888) 706-4343