Phoenix East Valley September 2014 Housing Market Update
Ahwatukee, Chandler, Gilbert, Mesa & Tempe
Median Sold Price (September 2013 – September 2014)
September 2014 Real Estate Market Highlight:
- Active Listing (Inventory), except Tempe has Increased compare to September 2013
- Median Sold Price has Decreased slightly, except Tempe compare to August 2014
- Overall Number of Homes Sold is Decreased, except Ahwatukee and Mesa compare to August 2014
- Overall DOM (Days on Market) has Decreased, except Mesa compare to August 2014
- Observation: Leading towards Buyer’s Market
- Buyer has more negotiation power to buy
- Seller has to price competitively to sell
September 2014 Market Update & Statistics
| Ahwatukee | Chandler | Gilbert | Mesa | Tempe | |
| New | 139 | 372 | 479 | 606 | 129 |
| Pending | 55 | 192 | 253 | 363 | 72 |
| Sold | 102 | 321 | 394 | 485 | 118 |
| Current Active | 422 | 1036 | 1369 | 1575 | 296 |
| Median Sold Price compare to last month | -0.2% | -3.1% | -2.7% | +1.3% | +3.2% |
As 10/2/14. source armls. Information is deemed to be reliable, but is not guaranteed.
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