Phoenix East Valley Housing Market Update April 2014
Ahwatukee, Chandler, Gilbert, Mesa & Tempe
Median Sold Price (April 2013 – April 2014)
April 2014 Real Estate Market Highlight:
- Active Listing (Inventory) has slightly increased in Ahwatukee, Chandler and Gilbert compare to March 2014
- Median Sold Price had slightly decreased compare to March 2014, except in Chandler
- Overall Number of Homes Sold is increased
- Overall DOM (Days on Market) has increased compare to March 2013
- Observation: Leading towards Buyer’s Market
- Buyer has more negotiation power to buy
- Seller has to price competitively to sell
April 2014 Update & Statistics
| Ahwatukee | Chandler | Gilbert | Mesa | Tempe | |
| New | 174 | 492 | 625 | 716 | 158 |
| Pending | 76 | 294 | 330 | 479 | 100 |
| Sold | 117 | 371 | 400 | 628 | 114 |
| Current Active | 474 | 1056 | 1503 | 1693 | 366 |
| Median Sold Price compare to last month | -1.8% | +0.2% | -1.6% | -3.9% | -2.8% |
As 5/1/14. source armls. Information is deemed to be reliable, but is not guaranteed.
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