by kramoltz@hotmail.com | Jun 7, 2021 | Home Buying, Real Estate Facts & Figures
In 2020 in the Phoenix-Mesa-Scottsdale metropolitan area 3,233 homes priced at $1 million or more were sold, a 56% jump from 2019 according to Realtor.com. Those sales far outpaced other single-family home sales, which saw an 8% growth overall. Overall, prices for...
by kramoltz@hotmail.com | Feb 26, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
The metro Phoenix housing market broke records in 2020 according to the Cromford Report. Home sales in Pinal and Maricopa County set new records for highest listing success rate, highest average price for monthly sales and annual sales, and highest square foot price...
by kramoltz@hotmail.com | Dec 27, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
December 2020 in metro Phoenix began with 28.2% fewer homes for sale today than a year ago, with record lows for the number of homes available in many areas. At the same time, demand increased 27.4% year-over-year, with the highest sales volume for any November in...
by kramoltz@hotmail.com | Nov 14, 2020 | Real Estate Facts & Figures
More sellers listed their homes in the Phoenix metro area in the 3rd quarter than in either the 1st or 2nd quarters of this year. This is not the normal seasonal pattern, but due to Covid this is not a normal season. And they are selling fast. There was a 92% increase...
by kramoltz@hotmail.com | Sep 9, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
Phoenix area housing records are being smashed and the luxury home market is not exempt. Michael Orr of The Cromford Report reported that for home sales over $500,000 “[t]he recovery of the luxury market in July was nothing short of amazing, with an increase of 30%...
