Thursday, 9th September 2010.

Posted on Thursday, 5th August 2010 by Anna Kulbinski

The average selling price of a home in the greater Phoenix, AZ area was up slightly in July 2010 from the average in July 2009. However, at $176,974 it is still down 29% from 2008 when the average price of homes sold during the month of July was $250,446. At this point, the market is [...]

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Posted on Friday, 14th May 2010 by Anna Kulbinski

Buying a home in Phoenix today is like going back in time 8 years, only better. A look at the monthly average sales prices tells us that the lowest monthly average in 2002 was $154,392. And while we don’t yet have the averages for May of this year, the most recent figures available show a [...]

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Posted on Monday, 3rd May 2010 by Anna Kulbinski

Phoenix zip code 85016 covers a large and diverse area – taking in the Arizona Biltmore Golf Course and part of Phoenix Mountains Park. Therefore, it’s not surprising that the homes for sale today range from a lender-owned one-bedroom home at $25,000 all the way up to a five bedroom home at $4,995,000. This diversity [...]

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Posted on Saturday, 24th April 2010 by Anna Kulbinski

Homebuyers considering zip code 85018 will be wise to take a look back at the past, and then a look at what’s going on today… Courtesy of Google maps Looking back to 2002, you can see that home prices in zip code 85018 have been on a wild ride. In 2002 the median monthly price [...]

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Posted on Wednesday, 21st April 2010 by Anna Kulbinski

Woodlea Historic District – one of 5 Historic Districts in Phoenix Zip Code 85013 – was developed between 1929 and 1945, with most of the homes constructed after 1940. The other historic districts in this zip code are Yaple Park, Medlock Place,  Pierson Place,  and Campus Vista. This is a neighborhood of large lots with [...]

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Posted on Monday, 22nd February 2010 by Anna Kulbinski

Zip Code 85013 is home to Medlock Place – A historic neighborhood created by the area’s first developer, Floyd Medlock. Medlock Place was the first suburban residential development in the Valley of the Sun. When first opened to the public in 1926, Medlock Place was 4 miles north of the edge of town. Now it’s [...]

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Posted on Sunday, 14th February 2010 by Anna Kulbinski

The City of Phoenix is rich in history – and in historic districts and homes. The zip code 85003 is home to two of those districts, Roosevelt and Willo. These were among the first of the city’s “suburbs,” and Roosevelt was the first designated Historic District in Phoenix. While an occasional new home is constructed [...]

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Posted in Buyers, Foreclosures, Market Report, Market Statistics, Neighborhoods, Phoenix Historic Districts, Phoenix Real Estate | Comments (1)

Posted on Saturday, 30th January 2010 by Anna Kulbinski

While lender-owned homes in Phoenix make up only 19% of the listings, the January 1, 2010 reports show that they account for 49% of the sales. This is no doubt in reaction to lenders’ decisions to clear out these homes at a price per square foot that’s 15% under their list prices, and 30% less [...]

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Posted on Sunday, 17th January 2010 by Anna Kulbinski

When we entered the last decade things were going along as normal. Prices were increasing at a moderate rate of between 4 and 6 percent each year – just slightly above the average increase for the previous 5 years. Then, in 2003, things began to change. Prices rose about 8% from the beginning of 2003 [...]

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