(See all posts on Phoenix Case-Shiller Home Price Index.)
The Case-Shiller Home Price Index measures home price appreciation.
Phoenix Home Price Appreciation – August 2011 to January 2013
• Low Price Tier = Up 54%
• Middle Price Tier = Up 33%
• High Price Tier = Up 18%
See the price breakpoints for the 3 tiers below the chart.
Phoenix AZ Case-Shiller Home Price Index
Phoenix Home Price Tier Breakpoints for January 2013
• Low Tier – Up to $147,508
• Middle Tier – $147,508 – $240,533
• High Tier – $240,533 and up
The Case-Shiller Home Price Index is the best estimate of actual home price appreciation (or depreciation). The downside to the Case-Shiller Index, however, is that it runs a little old, the most current data is only through January 2013.
If you’re looking for a Realtor to help you price your home competitively so you don’t sell too cheap, call John Wake of HomeSmart at 480-463-4475