Here’s a quick look at the latest statistics. April showed another month of positive gains for metro Phoenix’s housing market.
The region’s median monthly resale home price climbed to $138,325,from $131,000 in March, according to Tom Ruff’s analysis with AZbidder and Information Market.In October, the median was $115,000. Last month, there were 8,552 home sales across the Phoenix area, down from 9,581 in March but up from 7,293 in February.

The number of metro Phoenix homes taken back by lenders fell to 1,642, down from almost 2,000 in March. In spring 2011, there were more than ...

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Source: http://s.azcentral.com/home/Blog/CatherineReagor/162436