Comparing the median price per square foot for November sales in Phoenix, the trend has shown a steady climb of $9 - $11 / sqft each year over the last 3 years.
* By looking at the same month’s sales over time, we remove seasonality from the chart, so we’re only comparing this November against prior Novembers, rather than against the higher priced summer months from earlier in the year.
- Chris Butterworth
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* All chart data represents single-family detached homes only. Information is believed accurate but not guaranteed.