Back HomePhoenix Market Increase in Demand
The increase in demand has been spreading up-market to $800,000, as we suspected it would. If we rank the price ranges by the increase in listings under contract comparing March 18, 2014 with March 18, 2015 we get the following table:
| Rank | Price Range | Under Contract 3/18/14 | Under Contract 3/18/15 | % Change |
| 1 | $3M and over | 12 | 26 | 117% |
| 2 | $350K to $400K | 459 | 648 | 41% |
| 3 | $225K to $250K | 733 | 965 | 32% |
| 4 | $275K to $300K | 507 | 667 | 32% |
| 5 | $175K to $200K | 1,044 | 1,327 | 27% |
| 6 | $300K to $350K | 635 | 805 | 27% |
| 7 | $600K to $800K | 246 | 311 | 26% |
| 8 | $250K to $275K | 528 | 665 | 26% |
| 9 | $200K to $225K | 724 | 901 | 24% |
| 10 | $400K to $500K | 538 | 646 | 20% |
| 11 | $500K to $600K | 257 | 307 | 19% |
| 12 | $150K to $175K | 1,197 | 1,427 | 19% |
| 13 | $1M to $1.5M | 117 | 131 | 12% |
| 14 | $125K to $150K | 1,444 | 1,525 | 6% |
| 15 | $1.5M to $2M | 55 | 57 | 4% |
| 16 | $2M to $3M | 38 | 38 | 0% |
| 17 | $800K to $1M | 133 | 122 | -8% |
| 18 | $100K to $125K | 953 | 834 | -12% |
| 19 | Up to $100K | 1,290 | 991 | -23% |
