Gilbert Real Estate Blog

Greater Phoenix Real Estate ~ December 2009 vs. December 2008

January 1, 2010

Tags: arizona, chandler market conditions, chandler real estate, gilbert market conditions, gilbert real estate, mesa market conditions, mesa real estate, phoenix market conditions, phoenix real estate, queen creek market conditions, queen creek real estate, real estate
Posted in: arizona market conditions, chandler market conditions, gilbert market conditions, mesa market conditions, phoenix market conditions, queen creek market conditions

Here ya go, boys and girls. Take a look at the charts below, courtesy of the Arizona Regional MLS. They provide a quick overview of the greater Phoenix real estate market for the past year, with particular interest and focus on the period of December 2009 as compared to December 2008.

I have a personal conviction that real estate should not be micro-analyzed, so I’m electing to not draw any conclusions or speculations from the latest “averages.” It’s clear that prices, on the average, are on the rise. Other than that, all indicators point to a bottoming of the residential real estate market in greater Phoenix.

As always, the information and statistics contained in the above charts are deemed reliable, but not guaranteed. If you’re contemplating a major financial decision regarding residential real estate, please do yourself a huge favor and consult with a reputable real estate broker, attorney and accountant.