March 12, 2010, Newsletter Issue #17: Phoenix Arizona Housing Costs

Tip of the Week

It is currently a buyer's market in Phoenix, AZ when it comes to housing. The median cost for a newly-built home in Phoenix is just under $220,000, placing Phoenix well below many other metropolitan areas. The Phoenix, Arizona area offers a wide variety of housing options from existing homes to new construction, about half of which are built in master-planned communities offering enticing amenities like golf courses, lakes, and more.

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