The Condo Mania Team
Phoenix Condo ManiaNews > Median Price up 8.3% for 1st Quarter Phoenix Condo Sales
published on 2016-04-04
Condo prices are going up in Phoenix! Condos sold in the first quarter of 2016 went up 8.3% from the first quarter a year ago, as shown by the median price of $131,000.
Action increased the most in the midtown Phoenix area, with 215 sold versus 145 in the first quarter of 2015. This area is getting a ton of new restaurants, a few new boutique condo developments and expanded lightrail coverage. Communities like 240 Missouri and Las Brisas were well represented in the solds.
Only 2 condos sold for over a million. Both were at Chateau on Central but have substantial square footage. Fairway Lodge at the Biltmore had 2 sales at $850,000 and $925,000.
For more charts and statistics look here.
Though not guaranteed, information and statistics in this article have been acquired from sources believed to be reliable.
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.
Last Updated: 2024-04-25 00:47:56