REAL ESTATE | 2 hours ago | HOME & DESIGN Seemingly endless demand and low supply have driven record-breaking home value appreciation over the past year, Zillow’s latest Market Report shows. April pushed the envelope even further: Annual home values for a typical U.S. home have grown 11.6%, the highest seen since 2005. Key stats for the Phoenix metro … Read more
AZ BUSINESS MAGAZINE The Phoenix residential real estate market is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation’s largest metros, according to Zillow’s latest market report. Extreme demand driven by exceptionally low mortgage rates, demographic pressures and pandemic trends kept the housing market boiling as we … Read more
According to Zillow, the median home value in Arizona is $277,574. Arizona home values have gone up 7.5% over the past year and Zillow predicts they will fall -0.5% within the next year. The median list price per square foot in Arizona is $166. The median price of homes currently listed in Arizona is $299,900 … Read more