HomeSmart Biltmore Matthew Backus
Phoenix-Camelback Corridor, AZ
Home > Phoenix-Camelback Corridor Real Estate Market
Spring 2020 Market Update
The Camelback Corridor is one of the most, if not the most desirable area to live. You have beautiful family communities, homes with monstrous private lots, gated communities, retro-modern homes, multiple choices of new construction. All of this just a couple of minutes from the Biltmore shops and restaurants. Hiking and bike trails all around. There is truly no better place to be in the valley.
Average Sold Home Price: $800,000

Average Time on Market: 30-60 days

Best Selling Price Range: $350,000 - $399,000

Existing Home Prices for the past 90 days: Decreasing

Market Trend: Increasing

Buyer's or Seller's Market: More sellers than buyers

Buyer Activity for the past 90 days: Decreasing

Seller Activity for the past 90 days: No Change

Multiple Offers? No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 5-10%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Limited Supply

Greatest Activity: Repeat Buyers

Nearest Metro Area: around the corner

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Matthew Backus
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Mortgage Rates for Apr 4th, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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Real Estate Professional, Matthew Backus Matthew Backus
HomeSmart Biltmore
Specializing in Phoenix-Camelback Corridor Real Estate
3333 East Camelback Road, Suite 150
Phoenix, Arizona 85018
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(Because current market conditions can change rapidly in any given marketplace,
please check with Matthew Backus for current Phoenix-Camelback Corridor, AZ market conditions before acting on this information.)
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