The average price of a new home in the United States rose to $248,900 last month or a 1.3 percent rise compared to the month of November. Nationally, the average price of a new home increase to 9.6 percent in December compared to the year before.
The Commerce Department also noted there was a 20 percent increase in new home sales from 2011 to 2012.
Clearly good things are happening in the real estate industry. We are seeing similar trends occur in the Scottsdale real estate market. Home prices are increasing steadily as sales increase. Read more about local and national trends on our current market trends page.
Carmen Brodeur JD
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
Cell (602) 791-0536