The housing market of Phoenix, Arizona, has been going strong for years, thanks to the increase in employment opportunities and its healthy economy. The city attracted people when the houses were cheap, and the reports have shown that the population is growing with every passing year. This means that the demand for housing will always remain high, and that's one of the primary reasons why the real estate market in Phoenix is and will always remain a seller's market.
Phoenix Real Estate Market
Neighbourhood Scout.com's data shows that Phoenix real estate market appreciated by 139.72% in the last 10 years, thus recording an annual real estate appreciation of 9.14%. This puts Phoenix in the top 10% nationally for real estate appreciation.
According to Zillow Buyer-Seller Index (BSI), Phoenix is a sizzling hot seller's real estate market. Phoenix housing prices have grown by 160% since 2012 – from $109,000 to $283,594 – Zillow Home Value Index. Phoenix home values have gone up by 12.6% over the past year, and the latest forecast is that in the next 12 months, they will increase by 8.5%.
A few statistics of the Pheonix, Arizona real estate market performance over the last one year (September 2020 compared with September 2019):
- The average new list prices are up +11.1% year-over-year
- The median list price is up +11.7% year-over-year.
- Days on market were down -13 days year-over-year while month-over-month went down -5 days.
- The average sales price is up +23.1% year-over-year.
- The median sales price is up +17.5% year-over-year
How important is it to hire a top real estate agent in Phoenix?
Phoenix's real estate market is unique, and we have established that Pheonix is a seller's market. So, if you own a property in Phoenix that you are looking to sell, it's important to choose a real estate agent or broker with local expertise to guide you through the process of selling your property or home. And when you hire a top-performing real estate agent, the odds of getting the price you want are higher.
Data says that on average, the top 5% of seller's realtors in Phoenix can fetch a selling price 0.09% more than the list price. Also, data from thousands of transactions show that the top 3% of Phoenix real estate agents work with 460 homes and sell homes in 40 days, a whopping 1.8x more than the average.
Top Phoenix Real Estate Agents
There are a total of 27,323 real estate agents active in Phoenix. If you have a property to sell in Phoenix, you'll need one of the best real estate agents to get you the price you want.
1. Andrew English
Andrew English is a principal real estate broker with Congress Realty Inc. This experienced realtor has been focusing on the buying and selling of residential real estate for many years. He has an in-depth knowledge of the local marketplace as he has been involved in the negotiation of thousands of sales.
Address: 6030 N 5th Ave, Phoenix, AZ 85013
2. Brian North
Brian North is the key broker at North & Co. His team of realtors is experienced in a wide array of specialties, focusing on residential properties and buying and selling single-family homes. Brian tracks the investor trends closely and leverages them for the benefit of his clients.
Address:5635 E Thomas Rd, Phoenix, AZ 85018
3. Bruno Arapovic
Bruno Arapovic has experience of over 15 years of working in the buying and selling of real estate in Phoenix. In 2019, he closed over 400 transactions that have exceeded $90 million in sales.
Address: 5225 N Central Ave Ste 104, Phoenix, AZ 85012
4. Daniel Brown
Daniel Brown, a realtor with the Myriad, serves the metro area from his base at Phoenix, Arizona. With 12 years of experience buying and selling homes, he specializes in providing support to customers who need to sell to buy. He also helps retirees find a comfortable home for their next phase of life.
Address: 2600 N Central Ave Ste 725, Phoenix, AZ 85004
5. Jennifer McGuire
Jennifer McGuire, a Realtor at RE/MAX, has been servicing clients within the Phoenix, Arizona, metro area. She has been helping Fortune 500 companies to help relocate their staff. She is an accredited staging professional with expertise in acting as a resource and representative for her clients and residential property and relocation. Jennifer is also an expert in distressed property sales.
Address: 608 E Missouri Ave Ste 400, Phoenix, AZ 85012
6. Sonny Shrivastava
Sonny Shrivastava has over 11 years of experience helping clients buy and sell properties in Phoenix/Scottsdale and surrounding areas. This technology-savvy realtor helps first-time homebuyers or seasoned investors to accomplish their real estate goals.
Address: West USA Realty, 2920 N Litchfield Rd #100, Goodyear, AZ 85395
7. Fred Delgado
Fred, a licensed real estate agent in Arizona, is currently serving Phoenix, Paradise Valley, Scottsdale, Goodyear, Surprise, Avondale, Tolleson, and Glendale. His interactions are professional and responsive. He is an experienced expert with thorough knowledge of the Phoenix real estate market and customer needs.
Address: 2403 N Pebble Creek Pkwy Ste101, Goodyear, AZ 85395 ha
8. Thomas Devor
Thomas is a seasoned agent who brings a wealth of knowledge and expertise about buying and selling real estate in Phoenix. Thomas has completed transactions in several areas, including Buckeye, Phoenix, Sun City, Surprise, Glendale, and Peoria.
Address: 6751 N Sunset Blvd., #320, Glendale, AZ 85305
9. Melissa Dierks
Whether you are a homebuyer, seller, relocating, or investing in the Valley of the Sun, Melissa is the local expert who can help you achieve your goals. She has a vast knowledge of Foreclosures/REOs, Short Sales, and much more. She is detail-oriented, customer-focused, and has excellent negotiating skills and interpersonal skills.
Address: 21020 N Pima Road, Scottsdale, AZ 85255
10. Jill Ostendorp
Jill Ostendorp is a top Real Estate agent in Phoenix, ranked in the top one percent nationwide. She is dedicated to providing her clients with the best home sale or purchase experience.
Address: West USA Realty, 4505 E Chandler Blvd Suite 170, Phoenix, AZ 85048
Top real estate agents in Phoenix generally rely on the services of a virtual staging company like Styldod to beef up their property listing.
How Styldod, a virtual staging company can help?
If you want to sell your Phoenix home quickly and for top dollar, staging is one of the easiest ways to make it happen. Traditional staging is an expensive process, but Styldod's virtual staging service give the same benefits as traditional home staging but is a comparatively cheaper option for staging Phoenix homes for sale.
Styldod offers a helping hand to Phoenix real estate agents by providing real estate services that can enhance their listing for better sales:
- Virtual Staging
- Object Removal
- Image enhancement
- Day to dusk
- Occupied to vacant
- Floor Plan
- 360 degree Virtual Tour
- 3D rendering
- Single property website
Styldod virtually stages the property to offer a superior and attractive viewing experience for a prospective buyer. Contact us now.