Spring Fever hits in the Valley of the Sun bringing increases in the average Sales prices to ALL West Valley cities. Buckeye had the largest increase in average sales from $187,744 to $204,769. Avondale had an increase in average sales price for the first time in several months, from $188,978 to $193,63, bringing their YTD increase over last year to 11.23%. Lichfield Park also increased avg. sold prices from $289,233 up from $275,554. As well as Peoria, Phoenix, Glendale and Surprise all had slight increases in sales prices over last month.
Inventory levels held steady with all West Valley cities seeing a slight decrease, continuing in with a “Sellers Market.” However, Maricopa County overall saw inventory levels increase from 3.55 to 6.14 which is considered a “Buyer’s Market.”
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Tags: Market Reports
