Phoenix Real Estate Stats for February 2016

Feb 2016 MLS Stats

High demand and limited supply.

There are 11,391 residential listings under contract for the month of February. There should be a price increase in March.

Foreclosures and Distressed sales are down 26.8% from a year ago.

Conclusion- You should not wait to purchase because the prices are continue to rise and you will be getting less house for your money. Great time to sell and purchase your new home.

If you would like to sell or purchase, take advantage now, call/text at 602-999-2627 or email at