Prices up in Phoenix, but it's still a complex picture
Phoenix home prices continued to rise in April, up 25 percent over last year, although the number of homes sold declined. A change in the mix of homes for sale and continuing tight supply is contributing to the increase in price. But, prices have not yet reached the point where greater numbers of sellers will be lured into the market. Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business, collects and analyses the data monthly.
Phoenix home prices continued to rise in April, up 25 percent over last year, although the number of homes sold declined. A change in the mix of homes for sale and continuing tight supply is contributing to the increase in price. But, prices have not yet reached the point where greater numbers of sellers will be lured into the market. Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business, collects and analyses the data monthly. Monthly Report -- Greater Phoenix Housing Market, April 2012
Latest news
- Celebrating excellence: 5 leaders inducted into 2025 W. P. Carey Alumni Hall of Fame
ASU's W. P.
- W. P. Carey spotlights second-year IS faculty achievements and goals
The Department of Information Systems at the W. P.
- Mesa biomed firm gifts ASU $2.2M
A Mesa-based biotech company founded by two W. P.