Real Estate Market Update | Metro Phoenix | April 2021 vs. March 2021

Real Estate Market Update | Metro Phoenix | April 2021 vs. March 2021

Metro Phoenix

Average Sales Price: April 2021 – $829,218 March 2021 – $948,624 = 14% increase

Average Days On Market: April 2021 – 41 vs March 2021 – 35 = 15% decrease

Average Sale Price Per Square Foot: April 2021 – $285.97 vs March 2021 – $309.70 = 8% increase

Sale to List Price Ratio: April 2021 – 99.31% vs March 2021 – 100.06% = 1% increase

Number of Sold Listings: April 2021 – 846 vs March 2021 – 778 = 8% decrease

Months Supply of Inventory: April 2021 – 1.89 vs March 2021 – 2.03 = 7% increase

Mortgage Rate: April 2021 – 3.33% vs March 2021 – 3.20% = 4% decrease

  • Top 10 Sales
  • $13,500,000 5901 E Valley Vista Ln, Paradise Valley AZ
  • $10,500,000 5841 E Indian Bend Rd, Paradise Valley AZ
  • $7,400,000 5416 E Desert Jewel Dr, Paradise Valley AZ
  • $7,290,000 5113 N Wilkinson Rd, Paradise Valley AZ
  • $7,125,000 7001 N Longlook Rd, Paradise Valley AZ
  • $6,750,000 8223 N Loma Ln, Paradise Valley AZ
  • $6,250,000 6450 E El Maro Cir, Paradise Valley AZ
  • $6,000,000 6101 N 38th Pl, Paradise Valley AZ
  • $6,000,000 7017 N Invergordon Rd, Paradise Valley AZ
  • $5,900,000 3801 E Berridge Ln, Paradise Valley AZ

#GrantVanDyke​ #VanDykeRealtyGroup​ #MetroPhoenixRealEstate

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