2011 Phoenix homes sales almost as high as 2005!

In 2011, MLS sales were the second highest sales record of the decade (100,959), second only to 2005’s housing bubble peak (104,725).

47% of Phoenix home sales all cash in 2011

Surprisingly, 47% of those sales were cash. Not surprisingly, 63% of the cash purchases were for homes under $100,000. Another 24% were in the $100,001 to $200,000 price range.

Source: ARMLS Blog