What is the status of the market in Tempe Arizona and Las Vegas for Resid. Income Property. Vacancy Factor?

Tap Grl
Other/Just Looking
Los Angeles County, CA

Any idea when the market will turn around?

Answers (1)
Jon Griffith
Agent
Scottsdale, AZ
FIRST ANSWER

I pulled 752 sold properties within the last 6 months in Tempe, Arizona, which included all of the recorded sold listings that were in the MLS system only. I put together a quick chart showing the basic relationship of Asking to Sold price since February, with a black trend-line to show that the market has actually increased in price since then, on average.

Head over to the link that I just posted to see.

As for Las Vegas, it's not my market, but it is rather similar to Phoenix in how it moves.


http://www.realscottsdaleliving.com/index.php/about/about-th…

Sun Aug 23 2009, 00:18

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