📈 November 2024 Phoenix AZ Real Estate Housing Market Trends Report, Statistics and House Value
Here are 2024 November Phoenix AZ Housing Market Update for single family home, statistics and house value. Be sure to contact Swee Ng Realtor®, if you have any questions about this report or about how the market is performing. This report includes MLS data for the past 12 months for Phoenix AZ as 12/4/2024, provided by the FlexMLS system.
- 2024 November Phoenix AZ number of new listings homes for sale has decreased about 6.4% from November 2023
- November 2024 average sold price for single family home in Phoenix AZ is $623,063, that is about 3.1% increased from a year ago
- Phoenix single family homes median sold price in November 2024 is $462,495, which is had decreased about 2.6% from November 2023
- Almost all of single family homes sold in Phoenix AZ in November 2024 are traditional sale
- Most expensive homes sold in Phoenix AZ in November 2024 is sold for $14,000,000
You might be interested:
November 2024 Ahwatukee Housing Market Report
November 2024 Chandler Housing Market Report
November 2024 Gilbert Housing Market Report
November 2024 Mesa Housing Market Report
November 2024 Scottsdale Housing Market Report
November 2024 Tempe Housing Market Report
Number of Homes Sold in Phoenix AZ in November 2024
Based on 2024 November Phoenix housing market statistic, we saw 744 single family homes sold in Phoenix AZ compare to 575 of last November. That is about 29.4% increased number of single family home sold in Phoenix compare to a year ago.
Phoenix AZ November 2024 Days on Market
In November 2024, we saw 59 days on market (DOM), compare to 46 in last November. It took average about 59 days to sell your home in Phoenix in November 2024.
Phoenix AZ November 2024 Median Sold Price
The median sold price for single family home in Phoenix AZ sold in November 2024 was $462,495. Compare to last year, median sold price in November 2023 was also $475,000. The median sold price for single family home in Phoenix had decreased about 2.6% from a year ago.
Click here to view Homes for Sale Under $450,000 in Phoenix AZ
2024 November Average Sold Price in Phoenix AZ
November 2024 average sold price for single family home in Phoenix AZ was $623,063. Compare to last year November at $604,058, the average sold price had increased about 3.1% from November 2023.
Click here to view Homes for Sale Under $600,000 in Phoenix AZ
There are 66 million dollar listings homes sold in November 2024.
2024 November Average Sold Price Per SQFT
The average sold price per square feet for single family home in November 2024 was $304.00 per square feet, compare to $303.00 a year ago.
Click here to view Homes for Sale in Phoenix Under $200 per square feet
Educated and savvy buyers understand that a competitive market gives them fewer options for home choices – even when inventory increases. Although this may vary from zip code to zip code and from price range to price range, buyers need to make sure they are fully informed regarding the specific market in which they have an interest. This will give them the best chance of being competitive when making an offer.
As a reminder, you need to meet with a real estate professional to see how statistics impact the area where you are considering selling or buying. Blended statistics will not be as accurate as a more detailed report we can provide to help you with your decision making.
If you are considering buying a home in Phoenix there is a sufficient inventory of homes to choose from and having a good real estate agent who understands the market is a must. Interest rates are still low so don’t wait too long on the sidelines; many listings when priced correctly are starting to sell within a few days of hitting the market.
Contact or call me at (480) 721-6253 if you’re interested in knowing what your Phoenix home is worth in today’s real estate market or so we can discuss your housing needs. I look forward to talking to you and assisting with your real estate needs.
Affordable Financing Options Available
Several low down payment financing options including down payment assistance programs are available. Contact Us to find out what loan programs you qualify for. Learn more about how to buy a house in Phoenix AZ with a low down payment.
Wondering How Much I can afford?
Click here to access the Mortgage House Payment Calculator. Simply add in the price of the home you are considering and the calculator will return your estimated house payment. Change length of loan and interest rates to adjust results.
Selling Your Home in Phoenix Arizona
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix AZ Home Price and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.
New Listing in Last 24 Hours Phoenix AZ
Just Reduced Price Homes for Sale Phoenix AZ
Search and view your dream home your way
Receive email alert as soon as a Phoenix property matching your criteria hits the market. Be one of the first to see new listings. Simply type in everything you want in a house and save your search here to be notified.
