This is the Phoenix 3 Bedroom Homes
June 2015 Market Report
Phoenix 3 Bedroom Homes June 2015 Market Report: Are you looking for a smaller, more easily managed home, are an empty-nester with less need for space than previously, a first-time home buyer, or a renter who has done the math and sees the financial advantages of home ownership over renting, you will want to take a close look at single family 3 Bedroom Homes for Sale in Phoenix. As the chart below indicates there is a increase in the number of new 3 bedroom home listings on the market from last month. That is typical for this time of year as many families are wanting to sell and get re-settled into a new home before the new school season begins. 3 Bedroom homes are a popular choice and tend to sell quickly.
Currently there are 742- 3 bedroom single family homes for sale in Phoenix AZ, priced from a low of $200,000 to a high of $1,290,00. There are 407 more 3 bedroom homes under contract and waiting to close. And there have been 427 closings for 3 Bedroom Homes this month. With the ample size of the available inventory, 3 bedroom homes are a buyer's market and prices are very attractive. Exception - please be aware that homes priced under $250,000, in top notch condition, popular locations and priced correctly is experiencing a sellers market. We are seeing multiple bids with some bids as high as $10,000+ over list price. It's critical to hire an agent that knows and understands how to navigate a very competitive real estate market.
Thus far in 2015 with 3 bedroom Phoenix AZ homes there have been 2083 sales, priced from a low of $152,869 to a high of $1,500,000 with an average sales price of $309.194. Average days on the market was 64 and the shortest days on market was 1 day . For these 1656 homes, the sale price/list price ratio was 0.97%.
The inventory of Phoenix 3 bedroom homes is constantly changing. If you would like to follow the market, let us help. We'll set up an on going search especially for you, with your own customized web site. You'll be notified as soon as new listings are posted.
And when there is a home you would like to see, please let us know – we’d love to set up a showing for you at your convenience.
Phoenix 3 Bedroom Homes June 2015 Market Report
Anna "Banana" Kruchten
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