Is It the Right Time to Buy a House in Phoenix? Are you looking for your dream home in Phoenix? Or are you planning to move to Phoenix? And are you wondering when is the best time to do this?
Buying a house can be stressful with all the processes involved like touring properties, filling forms, not talking about the huge amount of savings required to get a good home. It’s recommended to start your process on time to reduce the stress involved in the process.
However, in Phoenix, the housing market varies from month to month. The housing market in Phoenix seems to be booming and more demand is diving into the industry regardless of the increasing mortgage rate. The median sales price is now $350,000 that is a huge increase of $55,000 or 18.6% from February 2020. In January 2021, the new listing went up 26% MTM but dropped in February 2021.
The Best Time of Year to Buy in Phoenix
Phoenix is full of many unique listed houses in the spring, new homes are mostly listed in January, March, and April. And by July, November, and December the listing is low. From statistics, many homes are bought at low prices in April, May, and July and the months with purchase above listing prices is October, November, and December. In summary, late fall is a good time to purchase a house in Phoenix as many people seek to move before the holidays.
Finding the right su casa
If you live in the snow areas and are looking for a change of weather, then Phoenix has a hot climate. Wondering which neighborhood to live in? Then, below are some best suburbs to raise a home.
Popular for its clean and safe suburb, with excellent public schools and friendly residents.
This place is loved by travelers because of its location close to the Sky Harbor Airport. Also, the place has outstanding restaurants, shopping malls, and good schools.
This neighborhood has a population of close to 14,000 making it a small suburb. The suburb contains large houses and it’s well rated by the residents.
This tinny suburb has a golf resort, good schools with a rich history which makes it perfect to raise a family.
3 Ways to Get a Great Deal On a Home in Phoenix
Using a Phoenix Real Estate Agent
Buying a home is not as easy as making cherry pies or cupcakes. Do you need to get someone who has vast knowledge about real estate in Phoenix? And who is not occupied and ready to work.
Assess Your Needs and Lay Out Your Goals
Your agent will work with your budget to get you the best home. He will ask you some questions in order to narrow the plethora of listings.
Get the right price
Your agent will help you finalized and submit your offer after you’ve made your decisions on the home. Your agent will negotiate with the seller after a home tour to finalize the home condition. Phoenix awaits you but you need to take the first step!
PMD Realty Group has been providing professional home buyer and seller real estate representation since 2013. Our company values are service, honesty, integrity and work ethic. We always strive to exceed our client’s expectations. give us a call at 602.399.9233 if we can be of service in Goodyear, Litchfield Park, Buckeye, Avondale, Sun City, Surprise, Peoria and Glendale in the Phoenix West Valley.
We list and sell homes, property and real estate throughout the Phoenix Valley including Phoenix, Scottsdale, Palm Valley, Pebble Creek, Wigwam, Verrado, Estrella Mountain Ranch, Tempe, Mesa, Cave Creek, Carefree, Chandler, Apache Junction, Gold Canyon, Maricopa, Gilbert & Maricopa County.