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Regional Review: Phoenix area home sales
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Sales of existing houses and condos in the Phoenix area rose to the highest level for a November in seven years, while the median price paid for all homes sold in the region was the highest in more than four years, a real estate information service reported. Buyers paid a median $167,500 for all new and resale houses and condos sold during November in the combined Maricopa-Pinal counties metro area — the highest level since the median was $175,000 in October 2008. The November median rose 4.7 percent from October and rose 31.9 percent from November 2011.
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