Although we’ve seen a couple pockets of softness around the Valley, Maricopa County as a whole is still showing an upward pricing trend, with May’s Median Sales Price of $308,000 up 4.4% YoY from $295,000 in May ‘18.
The seasonality of the trend is very similar from 2017-18 to 2018-19, although the percentage appreciation was a little higher last year.
- Chris Butterworth
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* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.