Realty Times - Phoenix Central Corridor, Arizona Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Arizona > Phoenix > Phoenix Central Corridor

Market Conditions Summary for Phoenix Central Corridor in Phoenix, Arizona

Reported by

Jeff Orofino
as of 11/1/2008:

Market conditions in the Phoenix Central Corridor area indicate a tough market. Home prices are decreasing to what the market will bare. The inventory of homes is definitely on the rise and more homes are on the market for longer extended... MORE->
About Jeff Orofino

Reported by

Maureen Karpinski
as of 10/5/2008:

Closes in the previous month were 5549, an increase over the previous week. This gives us a 7 3/4 month market supply at the current rate of absorbtion. Overall market supply is 42966 homes, with no change over last week. Serious... MORE->

Average Current Market Rating: 1.5 (2 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2 (2 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Arizona > Phoenix > Phoenix Central Corridor

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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