Metro Phoenix's median home price remained same - East Valley Tribune: Business

Metro Phoenix's median home price remained same

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Posted: Thursday, November 1, 2012 8:57 am | Updated: 7:50 pm, Sun Nov 4, 2012.

A new report by real state researchers at Arizona State University says the median home price in metro Phoenix remained the same in September, but prices are expected to start rising in the fall.

The report by the university's W.P. Carey School of Business says the median home price stayed at $150,000 from August to September.

Even as the median price remained the same, it's still up more than 27 percent from the same period a year earlier.

The report also says the increasing difficulty of finding bargains in the market has resulted in less interest from investors.

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