Lucas News and Real Estate Report
Median Price Graph
    7/13    8/13    9/13   10/13   11/13  12/13
Phoenix
 $185K   $182K  $185K   $184K  $184K   $185K
Tempe  $200K  $194K   $209K  $206K   $193K  $190K
Chandler  $245K  $232K  $238K  $232K  $226K  $235K
 
Phoenix Area Real Estate Market Update
For a charts and graphs overview check the How's The Market section of our website.


Real estate numbers for December, 2013 relative to December, 2012:
- Active Listings: 22,460 versus 16,644 last year – up 35% –
and down 1% from 22,778 last month
- Monthly Sales: 5,867 versus 6,990 last year – down 16% –
and up 15% from 5,109 last month
- Monthly Median Sales Price: $185K versus $153K last year –
up 21% – and up from $184K last month


Click here to request the current value of your home
 
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Phoenix area home sales dip at year end
Homebuyer demand in metro Phoenix has backed off during the past few months,
either because of a drop in confidence from the government shutdown or the area’s
rising home prices
.
Read more
 
Phoenix market shifts back to market core
In the heart of metro Phoenix’s core communities, new houses and condo projects
are in the works on vacant parcels, in half-built subdivisions and in teardown projects
replacing run-down buildings

Read more
 
What new mortgage rules mean to you
New mortgage lending rules are going into effect that aim to put an end to the
worst mortgage lending abuses of the past

Read more
 
Housing market continues expanding, despite challenges
The housing market continues its bumpy ride toward full recovery with more lurches,
twists and turns than a roller coaster at the state fair.

Read More
 
Thinking of buying or selling a home?
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