Phoenix real estate market forecasts continued growth.

As the weather forecasts call for snow and ice up North and back East, the Phoenix area is expected to be a growth market into 2018. While there are never any guarantees for future appreciation, very few real estate markets present the wide scope of enduring optimism to meet as diverse a range of investment goals as Phoenix.

Phoenix Real Estate Market Forecasts Growth

Image: Realty Times

The number of homes sold in the Phoenix market was up 3% in September and October from last year. The average sale price increased a strong 5% over September, and 10% over October 2016. Additionally, the number of homes on the market increased by 3% in October over September 2017.

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