Phoenix real estate sales soar 3% in April

Phoenix real estate sales soar 3% in April

September 1, 2021 Comments Off on Phoenix real estate sales soar 3% in April By admin

Phoenix real-estate sales surged 3% for the first time in April, outpacing the nationwide gain of 1.2% in March, according to a new analysis by real-tor.com.

The nationwide increase of 1% is the highest pace of gains for the last seven months, according the analysis.

Phoenix’s April sales jumped 3.3% from a year earlier to a record high of 5,834,878, the highest since July 2016.

That’s the largest quarterly increase since March of this year, when Phoenix sales jumped 7.9%.

Phoenix, home to more than 5 million people, posted a total of 1,079,053 sales, up from 1,006,908 in March.

The city posted an increase of 0.8% from April to May, according data from the Arizona Department of Real Estate and Commerce.

Sales were down in Phoenix, but the numbers were still up nationwide, with sales up 3.6% in Los Angeles, 4.7% in Dallas, and 6.5% in Seattle.

Sales in the city of Phoenix were up 3% from March, the data showed.

Phoenix, with a population of 1 million, has the nation’s highest population density and the highest average home price in the nation.

The market is in a period of rapid growth, and prices are up.