Welcome to Phoenix, AZ

The Valley of the Sun centers around Phoenix

Looking for sunshine? We’ve got it! Phoenix averages 300 days of sunshine or over 85% of daylight hours per year. Meaning there is ample opportunity to enjoy the outdoors with hiking, golfing and more minutes from downtown. Phoenix also boasts many museums and cultural venues with a large span of diversity to appeal to everyone. While some of the native flora and fauna of the Sonoran Desert can be found within Phoenix city limits, most are found in the suburbs and the undeveloped desert areas that surround the city. This is not just a vacation destination, but a great place to live.

PHOENIX LISTINGS

New Listing - 2 weeks online

1 / 29

$518,000

Single Family Home For Sale

Active

3

BEDS

2

TOTAL BATHS

1,690

SQFT

2515 N 38th Street
Phoenix, AZ 85008
Northeast Village 2 Subdivision

1 / 32

$580,000

Single Family Home For Sale

Pending

4

BEDS

2

TOTAL BATHS

2,011

SQFT

3840 E Yale Street
Phoenix, AZ 85008
North East Village 2 Subdivision

New Listing - 4 days online

1 / 33

$540,000

Townhouse For Sale

Under Contract Backups

3

BEDS

3

TOTAL BATHS

1,757

SQFT

3033 N 37th Way
Phoenix, AZ 85018
Harmony At Arcadia 2 Subdivision

1 / 14

$416,000

Single Family Home For Sale

Active

4

BEDS

2

TOTAL BATHS

1,444

SQFT

3450 E Yale Street
Phoenix, AZ 85008
Lawndale Blks 1, 3 Subdivision

Open House Thu, Jan 27, 4 PM UTC
Please verify times due to COVID-19

1 / 18

$601,000

Single Family Home For Sale

Active

3

BEDS

3

TOTAL BATHS

1,713

SQFT

4016 E Edgemont Avenue
Phoenix, AZ 85008
Rancho Ventura Tr 14 Lot 367-396 Subdivision

New Listing - 7 days online

1 / 1

$275,000

Single Family Home For Sale

Pending

3

BEDS

2

TOTAL BATHS

1,406

SQFT

3536 E Oak Street
Phoenix, AZ 85008
Dalton Park 4 Subdivision

New Listing - 4 weeks online

1 / 24

$405,000

Single Family Home For Sale

Under Contract Backups

3

BEDS

1

TOTAL BATH

1,064

SQFT

3536 E Earll Drive
Phoenix, AZ 85018
Park Vista Plat 2 Subdivision

1 / 8

$219,900

Single Family Home For Sale

Pending

1

BED

1

TOTAL BATH

648

SQFT

3034 N 40th Street #7
Phoenix, AZ 85018
Princess Gardens Condominium Subdivision

Looking for a home in Phoenix?

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Call or Text (602) 644-1416

PHOENIX, AZ MARKET

January 2022 Phoenix Metro Area

The downward trend in supply that started in late October accelerated throughout December, taking us to the lowest number of active listings at year-end that we have ever recorded.

To the consternation of those who harbor theories that the market is cooling off, this tells us that the real-world data does not agree with their theory. The housing market heated up in the last 10 weeks of 2021 and starts 2022 with a huge excess of demand over supply. This is not because of colossal demand. It is because of the unusually low supply.

Prices continued to advance during December, more than 1% higher over the month. It would be surprising if we don't see at least a 3% increase over the next 3 months. My money would be on a move in excess of this, but nobody knows for sure what the future will bring, and the market continues to spring surprises on everyone.

ACTIVE LISTINGS

MEDIAN SALES PRICE

MONTHLY SALES

AVG. PRICE PER SQ. FT.

Data as of 01-04-22 courtesy of Cromford Report® and First American Title

WHAT YOU NEED TO KNOW

Phoenix is a sprawling and busy metropolitan area with Sky Harbor Airport voted “America’s Friendliest Airport” that is one of the busiest airports in the nation serving 46 million passengers in 2019. Phoenix began as an agricultural, farming community and is still impacted economically by local growers and the 5 Cs: cotton, cattle, citrus, climate and copper. The Phoenix metropolitan area is serviced by 56+ hospitals and medical centers. The Mayo Clinic, is north of downtown, Banner Health is a non-profit health system in the United States, based in Phoenix and on of the city’s largest employers. Barrow Neurological Institute (BNI) is the world’s largest dedicated neurosurgical center and a leader in neurosurgical training, research since 1962. While Cancer Treatment Centers of America cares for patients from all over the nation.

Things to do in Phoenix, AZ

WHY CHOOSE PHOENIX?

According to Payscale, Phoenix’s cost of living is 5% lower than the national average. Compared to other cities around the nation property taxes are lower. Tourism has always been a large economic source for the Phoenix area, but the influx of GoDaddy and InfusionSoft along with other IT companies is creating a technology hub. AZ Big Media says more than 60 percent of the private sector works in advanced industry sectors: business and financial services, bioscience and healthcare, manufacturing or technology. This diversified job market is great for the local economy and shows resilience. Exemplifying how Phoenix was named for a bird that rises out of the ashes.

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