Over the last 30 days, the Phoenix market was active with 2,008 homes sold, a 6.7% increase from last week's report. At the same time, close-by Scottsdale reported 493 home sales, the highest number from all the surrounding cities. Prices are falling in Phoenix, and this period the median price of all sales fell from $222,700 to $221,000. The rising sales and a low three months of inventory point to Phoenix being a seller's market.
Trying to find a home in Phoenix that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:
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