Real estate news in Atlanta
Phoenix came in at No. 88 in this year’s 2023 World’s Best Cities Report, a comprehensive annual study by Resonance Consultancy.
From January through October of this year, the Maricopa County ZIP code had a median home sale price of $2.9 million.
Housing inventory in the Phoenix area grew 136.6% in October, compared to the same month last year.
The 100 most populous cities in the U.S. were ranked in several categories, including affordability, schools, safety, recreation opportunities and other socio-economic factors.
The 44th edition of the in-depth forecast report examined 80 cities to determine trends in the real estate industry for 2023.
The Arizona REALTORS® installed its 2023 state and regional association officers during its annual leadership conference in Tucson last week.
The median age of inventory in Phoenix is 54 days, up from 42 before the pandemic began.
Arizona ranked No. 8 for emergency preparedness and No. 9 for workplace safety.
In Phoenix, home prices posted a 17.1% year-over-year gain in August, compared to a 22.4% gain in July. Month over month, prices fell 2.1.
Phoenix led the way among large metros with 167.3% growth in active listings, followed by Raleigh, N.C., (166.1%) and Nashville (125.3%).